Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against SunX+0.113%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.113% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PAYP-USDT | 17.650 | 0 | get 0.0000% / 8h | 46m 28s | $1K | $1.9M | 10x |
| Short | KuCoin PAYPUSDTM | 17.670 | 0.0100 | get 0.0100% / 8h | 46m 28s | $63K | $72K | 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 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: +0.113% → 0.000%
- $11.33
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $12.33
- Costs to cover
- 0.200%
- Break-even
- 2.9 days
Slippage unknown: SunX: live order book, 10 min ago; KuCoin: no order-book sample. 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 SunX live order book, 10 min ago | 48.12 bp | 150.8 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAYP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PAYPUSDT | 0.0000% | 8h | 17.670 | +0.113% | $7K | $792 | 20x | as long as short |
| Binance PAYPUSDT | 0.0000% | 8h | 17.660 | +0.056% | $257K | $424K | 20x | as long as short |
| Gate PAYP_USDT | 0.0000% | 8h | 17.670 | +0.113% | $82K | $7K | 25x | as long as short |
| Variational Omni PAYP | 0.0000% | 8h | 17.652 | +0.009% | $71K | $32K | — | as long as short |
| GRVT PAYP_USDT_Perp | 0.0000% | 8h | 17.660 | +0.057% | $130K | $530K | 10x | as long as short |
| SunX PAYP-USDTlong | 0.0000% | 8h | 17.650 | long leg | $1K | $1.9M | 10x | |
| HTX PAYP-USDT | 0.0000% | 8h | 17.650 | 0.000% | $8K | $3K | 10x | as long as short |
| KuCoin PAYPUSDTMshort | +0.0100% | 8h | 17.670 | +0.113% | $63K | $72K | 20x |
SunX PAYP-USDT
KuCoin PAYPUSDTM
Aster PAYPUSDT
Binance PAYPUSDT
Gate PAYP_USDT
Variational Omni PAYP
GRVT PAYP_USDT_Perp
HTX PAYP-USDT