Funding you earn now, next payment 08:00 UTC−0.0285%/8h= −31.2% APRnext payment −$2.85 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit−0.040%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.040%, 7d avg −0.064%
=The price spread pays, funding is against you. SunX is 0.024% dearer against Bybit than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.064%): +$2 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.002% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.85 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 | Bybit VRTUSDT | 250.42 | 0.0285 | pay 0.0285% / 8h | 2h 15m | $448K | $116K | 25x |
| Short | SunX VRT-USDT | 250.32 | 0 | get 0.0000% / 8h | 2h 15m | $1K | $451K | 10x |
Bybit VRTUSDT
SunX VRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- −$59.89
- Price spread: −0.040% → −0.064%
- $2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$76.47
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 24 min ago; SunX: live order book, 55 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 Bybit live order book, 24 min ago | 10.99 bp | 80.1 bp −$80 | 236.6 bp −$2,366 | doesn't fit | doesn't fit |
| Sell SunX live order book, 55 min ago | 499.15 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 | −0.0124% | 8h | 250.44 | +0.008% | $482K | $155K | 20x | as long as short |
| Gate VRT_USDT | 0.0000% | 8h | 250.80 | +0.152% | $141K | $19K | 20x | as long as short |
| SunX VRT-USDTshort | 0.0000% | 8h | 250.32 | −0.040% | $1K | $451K | 10x | |
| HTX VRT-USDT | 0.0000% | 8h | 249.59 | −0.331% | $8K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.399% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDTlong | +0.0285% | 8h | 250.42 | long leg | $448K | $116K | 25x | |
| OKX VRT-USDT-SWAP | +0.0300% | 8h | 250.20 | −0.088% | $256K | $172K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0663% | 8h | 249.89 | −0.212% | $111K | $25K | 20x | as long as short |
| Binance VRTUSDT | +0.0701% | 8h | 250.23 | −0.076% | $1.1M | $1.1M | 25x | as long as short |
Bitget VRTUSDT
Gate VRT_USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT