Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | tradeXYZxyz:OURA | 51.338 | +0.0001 | pay 0.0000% / 1h | 18m 13s | $226K | $1.0M | 5x | Long tradeXYZ |
| SHORT | SunXOURA-USDT | 51.230 | 0 | get 0.0000% / 8h | 5h 18m | — | $2.2M | 10x | Short SunX≤10% back |
Price gap−0.210%
Funding gap−0.0001% /8h
Funding is ≈ 0, so this is a price-spread trade: +$13 on $10k if the gap goes back to its 7d average.
Funding you earn now−0.0001% /8hpaid last 24h 0.000% · next 11:00 UTC
Price spread now−0.210%7d average −0.343% · you buy dearer than you sell
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)−0.192%−$19 · now −0.210%, avg −0.343%
Together, before fees−0.192%−$19+ 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
SunX price against tradeXYZnow
RANGE STATS · 7D
Now−0.210%
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 | +2.059% | $110K | $197K | 5x | No | 52.395 · +2.059% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.450 | +0.218% | $1.1M | $566K | 10x | No | 51.450 · +0.218% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.370 | +0.062% | $132K | $1.0M | 20x | Yes | 51.370 · +0.062% · OI $132K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.570 | +2.400% | $601K | $392K | 10x | Yes | 52.570 · +2.400% · OI $601K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.289 | −0.095% | $1.6M | $9.9M | 20x | Yes | 51.289 · −0.095% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.230 | −0.210% | — | $2.2M | 10x | No | 51.230 · −0.210% · OI — · 10x · KYC No | SHORT |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | +0.471% | $11K | $393K | 10x | Limited | 51.580 · +0.471% · OI $11K · 10x · KYC Limited | longshort |
| tradeXYZxyz:OURA | +0.0001% · 1h | 1h | 51.338 | long leg | $226K | $1.0M | 5x | No | 51.338 · long leg · OI $226K · 5x · KYC No | LONG |
| BloFinOURA-USDT | +0.0042% · 8h | 8h | 51.480 | +0.277% | $46K | $26K | 20x | Limited | 51.480 · +0.277% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.374% | $101K | $73K | 20x | No | 51.146 · −0.374% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.485 | +0.287% | $816K | $3.4M | 20x | Yes | 51.485 · +0.287% · OI $816K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.650 | +0.608% | $15K | $3.3M | 20x | Yes | 51.650 · +0.608% · OI $15K · 20x · KYC Yes | longshort |
Before you open
3 ok · 3 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$2,000 + $1,000tradeXYZ 5x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.02Long tradeXYZ: 24 payments, −$0.02; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you−0.210% vs −0.343%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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 legtradeXYZ No · SunX 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−0.210% → −0.343% (7d avg)+$13.29
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee tradeXYZ bp × 2 orders−$18.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: tradeXYZ: live order book, 9 min ago; SunX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ58.6582.1 bp−$82244.4 bp−$2,444doesn’t fitdoesn’t fit
SELL · SHORTSunX901.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.