Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 44.360 | −0.0726 | get 0.0726% / 8h | 7h 51m | $113K | $323K | 20x | Long Bitget | |
| SHORT | 44.170 | 0 | 0.0000% / 8h | 7h 51m | $1K | $377K | 10x | Short SunX≤10% back |
Price gap−0.428%
Funding gap+0.0726% /8h
Funding pays +$22 a day on $10k, but the gap is 0.403% under its 7d average: −$40 if it goes back, about 44 hours of funding. At the last 7 days' pace that is about 31 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0726% /8h now · paid +0.091% over the last 7D
Price−$40spread −0.428% now, avg −0.025% → −0.403% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$31−0.31%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.091% in total, about +0.0044%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.428%
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
/8hURNM on 18 exchanges
lowest funding firstBefore you open
1 ok · 4 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: +$21.78Long Bitget: 3 payments, +$21.78; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.428% vs −0.025%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$1K vs $113K 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 earned+0.0044%/8h × 21 periods+$9.15
Price spread−0.428% → −0.025% (7d avg)−$40.29
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, 61 min ago; SunX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget5.6314.2 bp−$14147.0 bp−$1,470doesn’t fitdoesn’t fit
SELL · SHORTSunX247.74doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 09:00 | KuCoin | Listing | new market URNMUSDTM ($URNM) seen by our collector |
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