Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.964 | 0 | 0.0000% / 8h | 2h 55m | — | $1.3M | 10x | Long SunX≤10% back | |
| SHORT | 15.966 | +0.0905 | get 0.0905% / 8h | 2h 55m | $275K | $1.2M | — | Short BingX |
Price gap+0.013%
Funding gap+0.0905% /8h
Both sides work: funding pays +$27 a day on $10k, and the gap is 0.097% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34+0.0905% /8h now · paid +0.340% over the last 1 day (all we have)
Price+$10spread +0.013% now, avg −0.085% → +0.097% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$44+0.44%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.013%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSECZ on 8 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$1,000 + —SunX 10x, BingX —. 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: +$27.15Long SunX: 3 payments, $0.00; short BingX: 3 payments, +$27.15.
- OK: Entry gap works for you+0.013% vs −0.085%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $275K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0935%/8h × 21 periods+$196.35
Price spread+0.013% → −0.085% (7d avg)+$9.74
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 7 min ago; BingX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX587.39doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX14.0651.1 bp−$51178.4 bp−$1,784doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:43 | SunX | Listing | new market SECZ-USDT ($SECZ) seen by our collector |
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