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: SunX against Bybit+0.102%7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)+0.115%+$11 · spread now +0.102%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.110% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PANWUSDT | 371.50 | 0 | get 0.0000% / 8h | 7h 53m | $312K | $330K | 25x |
| Short | SunX PANW-USDT | 371.88 | 0.0100 | get 0.0100% / 8h | 7h 53m | $889 | $699K | 10x |
Bybit PANWUSDT
SunX PANW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.102% → −0.008%
- $11.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $13.02
- Costs to cover
- 0.190%
- Break-even
- 2.7 days
Slippage unknown: Bybit: live order book, 11 min ago; SunX: live order book, 68 min ago. Net counts fees only.
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 Bybit live order book, 11 min ago | 7.00 bp | 27.4 bp −$27 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
| Sell SunX live order book, 68 min ago | 500.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PANW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PANWUSDTlong | 0.0000% | 8h | 371.50 | long leg | $312K | $330K | 25x | |
| Gate PANW_USDT | 0.0000% | 8h | 372.15 | +0.175% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 371.87 | +0.100% | $177K | $373K | 20x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 371.61 | +0.030% | $1.1M | $2.8M | 10x | as long as short |
| SunX PANW-USDTshort | +0.0100% | 8h | 371.88 | +0.102% | $889 | $699K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 371.63 | +0.035% | $650 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.22 | +1.001% | $9K | $32K | 12x | as long as short |
| Binance PANWUSDT | +0.0797% | 8h | 371.93 | +0.116% | $515K | $801K | 25x | as long as short |
Gate PANW_USDT
Bitget PANWUSDT
QFEX PANW-USD
HTX PANW-USDT
Injective PANW/USDC PERP
Binance PANWUSDT