Funding you earn now, next payment 16:00 UTC−0.0504%/8h= −55.2% APRnext payment −$5.04 per $10,000 · paid last 24h −0.055%
Price spread now: SunX against Binance−0.109%46s7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.109%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.078% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.295% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VRTUSDT | 250.06 | 0.0504 | pay 0.0504% / 8h | 7h 57m | $1.1M | $1.1M | 25x |
| Short | SunX VRT-USDT | 249.79 | 0 | get 0.0000% / 8h | 7h 57m | $1K | $443K | 10x |
Binance VRTUSDT
SunX VRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$105.93
- Price spread: −0.109% → −0.030%
- −$7.8
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$131.74
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; SunX: live order book, 53 min ago. 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 Binance live order book, 5 min ago | 1.00 bp | 20.5 bp −$20 | 95.9 bp −$959 | doesn't fit | doesn't fit |
| Sell SunX live order book, 53 min ago | 500.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
VRT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget VRTUSDT | −0.0071% | 8h | 250.41 | +0.139% | $515K | $179K | 20x | as long as short |
| Gate VRT_USDT | 0.0000% | 8h | 249.90 | −0.065% | $141K | $18K | 20x | as long as short |
| SunX VRT-USDTshort | 0.0000% | 8h | 249.79 | −0.109% | $1K | $443K | 10x | |
| HTX VRT-USDT | 0.0000% | 8h | 249.48 | −0.232% | $8K | $41K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.256% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0189% | 8h | 250.20 | +0.055% | $256K | $165K | 20x | as long as short |
| Bybit VRTUSDT | +0.0316% | 8h | 250.28 | +0.087% | $447K | $117K | 25x | as long as short |
| Binance VRTUSDTlong | +0.0504% | 8h | 250.06 | long leg | $1.1M | $1.1M | 25x | |
| KuCoin VRTUSDTM | +0.0512% | 8h | 249.93 | −0.053% | $111K | $39K | 20x | as long as short |
Bitget VRTUSDT
Gate VRT_USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
Bybit VRTUSDT
KuCoin VRTUSDTM