Funding you earn now, next payment 08:00 UTC−0.0574%/8h= −62.9% APRnext payment −$5.74 per $10,000 · paid last 24h −0.070%
Price spread now: SunX against KuCoin+0.147%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.147%, 7d avg +0.008%
=The price spread pays, funding is against you. SunX is 0.139% dearer against KuCoin than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of +0.008%): +$14 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.380% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.380% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.74 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 | KuCoin VRTUSDTM | 251.92 | 0.0574 | pay 0.0574% / 8h | 3h 49m | $107K | $22K | 20x |
| Short | SunX VRT-USDT | 252.29 | 0 | get 0.0000% / 8h | 3h 49m | $1K | $466K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$120.54
- Price spread: +0.147% → +0.008%
- $13.92
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$126.62
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 15 min ago; SunX: live order book, 32 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 KuCoin live order book, 15 min ago | 16.41 bp | 767.1 bp −$767 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 32 min ago | 500.29 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 252.40 | +0.191% | $140K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 252.00 | +0.032% | $480K | $147K | 20x | as long as short |
| SunX VRT-USDTshort | 0.0000% | 8h | 252.29 | +0.147% | $1K | $466K | 10x | |
| HTX VRT-USDT | 0.0000% | 8h | 252.00 | +0.032% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.992% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDT | +0.0325% | 8h | 251.76 | −0.064% | $451K | $121K | 25x | as long as short |
| OKX VRT-USDT-SWAP | +0.0369% | 8h | 251.70 | −0.087% | $267K | $156K | 20x | as long as short |
| KuCoin VRTUSDTMlong | +0.0574% | 8h | 251.92 | long leg | $107K | $22K | 20x | |
| Binance VRTUSDT | +0.0865% | 8h | 251.74 | −0.071% | $1.1M | $1.0M | 25x | as long as short |
KuCoin VRTUSDTM
SunX VRT-USDT
Gate VRT_USDT
Bitget VRTUSDT
HTX VRT-USDT
Injective VRT/USDC PERP
Bybit VRTUSDT
OKX VRT-USDT-SWAP
Binance VRTUSDT