Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.2021 | +0.3750 | pay 0.3750% / 8h | 4h 51m | $5.2M | $13.4M | 100x | Long Binance | |
| SHORT | 4.8589 | 0 | 0.0000% / 8h | 4h 51m | — | $6.9M | 10x | Short SunX≤10% back |
Price gap−6.598%
Funding gap−0.3750% /8h
Both sides work against this direction now: funding costs $113 a day on $10k and the gap is 6.681% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.3750% /8h now · paid +0.043% over the last 7D
Price−$668spread −6.598% now, avg +0.083% → −6.681% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$664−6.64%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.043% in total, about +0.0020%/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−6.598%
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
/8hUSDBRL on 7 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$100 + $1,000Binance 100x, 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: −$112.50Long Binance: 3 payments, −$112.50; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−6.598% vs +0.083%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner— vs $5.2M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · SunX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0020%/8h × 21 periods+$4.30
Price spread−6.598% → +0.083% (7d avg)−$668.12
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Binance bp × 2 orders−$8.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Binance: live order book, 14 min ago; SunX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.145.7 bp−$67.3 bp−$73doesn’t fitdoesn’t fit
SELL · SHORTSunX900.14doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-06 17:36 | Aftermath Perps | Listing | new market USDBRLUSD ($USDBRL) seen by our collector |
| 09-30 04:14 | SunX | Other | 🔗 OKLO/USDT: 🔗 QNT/USDT: 🔗 USDBRL/USDT: @SunX_DEX on X ↗ |
| 09-30 04:00 | SunX | Listing | SunX New Listings are LIVE. $OKLO/USDT | Oklo Inc. @oklo $QNT/USDT | Quant @quantnetwork $USDBRL/USDT | Brazilian Real / US Dollar exchange rate With up to 10X leverage 📈 @SunX_DEX on X ↗ |
| 09-28 10:44 | SunX | Listing | new market USDBRL-USDT ($USDBRL) seen by our collector |
| 09-28 06:14 | HTX | Listing | new market USDBRL-USDT ($USDBRL) seen by our collector |
| 09-24 04:00 | Gate | Other | Trade $MSTU: Trade $OKLO: Trade $USDBRL: @Gate on X ↗ |


Aftermath Perps
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