NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.252%7-day average −0.142% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7,285as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7,302as in the Price arb table

costs, in and out, $10k−$7,29172.908% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.252%, 7d avg −0.142%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.110% cheaper against SunX than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of −0.142%). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.061% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NOW-USDT	138.63	0	get 0.0000% / 8h	7h 29m	$815	$427K	10x
Short	KuCoin NOWUSDTM	138.28	0.0100	get 0.0100% / 8h	7h 29m	$318K	$663K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.252%Rate

Funding earned: $21
Price spread: −0.252% → −0.142%: −$11.02
Slippage, 4 orders: −$7,270.82
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7,280.84
Costs to cover: 72.908%
Break-even: 2433.9 days

Slippage from SunX: live order book, 22 min ago; KuCoin: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 22 min ago	47.48 bp	65.5 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 min ago	11.63 bp	82.4 bp −$82	doesn't fit	doesn't fit	doesn't fit

NOW on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDT	0.0000%	8h	138.51	−0.090%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.44	−0.137%	$500K	$210K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.28	−0.252%	$1.1M	$2.1M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.41	−0.159%	$246K	$376K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	138.43	−0.144%	$771K	$243K	20x	as long as short
SunX NOW-USDTlong	0.0000%	8h	138.63	long leg	$815	$427K	10x
HTX NOW-USDT	0.0000%	8h	138.55	−0.058%	$5K	$28K	20x	as long as short
Binance NOWUSDT	+0.0004%	8h	138.53	−0.069%	$1.8M	$1.5M	20x	as long as short
Bybit NOWUSDT	+0.0013%	8h	138.42	−0.151%	$1.5M	$5.7M	25x	as long as short
BloFin NOW-USDT	+0.0017%	8h	138.58	−0.036%	$46K	$17K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NOW	+0.0032%	1h	138.49	−0.101%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.844%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.31	−0.231%	—	—	25x	as long as short
KuCoin NOWUSDTMshort	+0.0100%	8h	138.28	−0.252%	$318K	$663K	20x
tradeXYZ xyz:NOW	+0.0211%	1h	138.30	−0.238%	$2.1M	$231K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0648%	8h	138.51	−0.089%	$256	$163K	10x	as long as short