Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.477 | 0 | 0.0000% / 8h | 5h 52m | $188K | $254K | 20x | Long Bitget | |
| SHORT | 15.559 | 0 | 0.0000% / 8h | 5h 52m | — | $732K | 10x | Short SunX≤10% back |
Price gap+0.530%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$34 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 10 hours (all we have)
Price+$34spread +0.530% now, avg +0.187% → +0.342% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$34+0.34%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, 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 Bitgetnow
RANGE STATS · 7D
Now+0.530%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSECZ on 7 exchanges
lowest funding firstBefore you open
2 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$500 + $1,000Bitget 20x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, $0.00; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you+0.530% vs +0.187%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner— vs $188K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · SunX NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.530% → +0.187% (7d avg)+$34.24
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bitget bp × 2 orders−$12.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Bitget: live order book, 18 min ago; SunX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget19.4727.0 bp−$2731.4 bp−$314122.8 bp−$12.3Kdoesn’t fit
SELL · SHORTSunX496.85doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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