Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | SunXOURA-USDT | 51.220 | 0 | get 0.0000% / 8h | 5h 18m | — | $2.2M | 10x | Long SunX≤10% back |
| SHORT | tradeXYZxyz:OURA | 51.338 | +0.0001 | get 0.0000% / 1h | 18m 38s | $226K | $1.0M | 5x | Short tradeXYZ |
Price gap+0.230%
Funding gap+0.0001% /8h
Funding is ≈ 0 and the gap is 0.113% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
Funding you earn now+0.0001% /8hpaid last 24h 0.000% · next 11:00 UTC
Price spread now+0.230%7d average +0.343% · you sell dearer than you buy
Net 7d · $10k—book too thin at $10k
Net, price · $10k—book too thin at $10k
Costs, in and out · $10kdoesn’t fitbook too thin at $10k
Funding, last
19 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+0.172%+$17 · now +0.230%, avg +0.343%
Together, before fees+0.172%+$17+ Points / potential airdroptradeXYZ: points · farm boardWith fees, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
tradeXYZ price against SunXnow
RANGE STATS · 7D
Now+0.230%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0216% · 1h | 1h | 52.395 | +2.294% | $110K | $197K | 5x | No | 52.395 · +2.294% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.430 | +0.410% | $1.1M | $566K | 10x | No | 51.430 · +0.410% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.370 | +0.293% | $132K | $1.0M | 20x | Yes | 51.370 · +0.293% · OI $132K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.570 | +2.636% | $601K | $392K | 10x | Yes | 52.570 · +2.636% · OI $601K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.287 | +0.131% | $1.6M | $9.9M | 20x | Yes | 51.287 · +0.131% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.220 | long leg | — | $2.2M | 10x | No | 51.220 · long leg · OI — · 10x · KYC No | LONG |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | +0.703% | $11K | $393K | 10x | Limited | 51.580 · +0.703% · OI $11K · 10x · KYC Limited | longshort |
| tradeXYZxyz:OURA | +0.0001% · 1h | 1h | 51.338 | +0.230% | $226K | $1.0M | 5x | No | 51.338 · +0.230% · OI $226K · 5x · KYC No | SHORT |
| BloFinOURA-USDT | +0.0042% · 8h | 8h | 51.480 | +0.508% | $46K | $26K | 20x | Limited | 51.480 · +0.508% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.144% | $101K | $73K | 20x | No | 51.146 · −0.144% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.437 | +0.424% | $811K | $3.4M | 20x | Yes | 51.437 · +0.424% · OI $811K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.650 | +0.840% | $15K | $3.3M | 20x | Yes | 51.650 · +0.840% · OI $15K · 20x · KYC Yes | longshort |
Before you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $2,000SunX 10x, tradeXYZ 5x. 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: +$0.02Long SunX: 3 payments, $0.00; short tradeXYZ: 24 payments, +$0.02.
- Watch: Gap narrower than usual+0.230% vs +0.343%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner— vs $226K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.230% → +0.343% (7d avg)−$11.29
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 8 min ago; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX901.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ58.6591.7 bp−$92doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.