Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 218.33 | 0 | 0.0000% / 8h | 2h 24m | $2K | $74K | 20x | Long SunX≤10% back | |
| SHORT | 213.76 | +0.0050 | get 0.0006% / 1h | 24m 39s | $254K | $453K | 10x | Short Backpack |
Price gap−2.093%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 2.093% under zero (no 7-day history yet): −$209 if it goes back, about 5 months of funding. At the last 7 days' pace that is about 25 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$59+0.0050% /8h now · paid +0.595% over the last 7D
Price—spread −2.093% now · no price history on both exchanges yet
Costsno datano order book for SunX
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−2.093%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNVDA on 46 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for SunX: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000SunX 20x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.50Long SunX: 3 payments, $0.00; short Backpack: 24 payments, +$1.50.
- Note: No 7-day spread history−2.093%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$2K vs $254K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0283%/8h × 21 periods+$59.49
Price spread−2.093% → 0−$209.32
Slippage, 4 ordersno data for SunX—
Fee SunX bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$167.82
Costs to cover0.180%Break-even26.7 days
Slippage: SunX: no order-book sample; Backpack: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX—————
SELL · SHORTBackpack0.235.5 bp−$539.8 bp−$398doesn’t fitdoesn’t fit
Closing costs about the same again.
SunX: no data.
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