Funding you earn now, next payment 08:00 UTC+0.0597%/8h= +65.4% APRnext payment +$5.97 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against SunX−0.003%56s7-day average +0.033% · 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)+0.023%+$2 · spread now −0.003%, 7d avg +0.033%
=Funding pays, the price is against you. Binance is 0.036% cheaper against SunX than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.033%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.295% in total) that is about 21 hours. The two prices were read 56 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 +$5.97 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 | SunX VRT-USDT | 253.15 | 0 | get 0.0000% / 8h | 4h 52m | $1K | $491K | 10x |
| Short | Binance VRTUSDT | 253.14 | 0.0597 | get 0.0597% / 8h | 4h 52m | $1.1M | $1.1M | 25x |
SunX VRT-USDT
Binance VRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $125.34
- Price spread: −0.003% → +0.033%
- −$3.61
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $103.73
- Costs to cover
- 0.180%
- Break-even
- 1.2 days
Slippage unknown: SunX: live order book, 39 min ago; Binance: live order book, 10 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 SunX live order book, 39 min ago | 500.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.40 bp | 30.0 bp −$30 | 108.6 bp −$1,086 | 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 | 253.40 | +0.099% | $141K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 253.20 | +0.020% | $482K | $150K | 20x | as long as short |
| SunX VRT-USDTlong | 0.0000% | 8h | 253.15 | long leg | $1K | $491K | 10x | |
| HTX VRT-USDT | 0.0000% | 8h | 253.02 | −0.051% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −1.473% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDT | +0.0113% | 8h | 253.16 | +0.004% | $454K | $121K | 25x | as long as short |
| OKX VRT-USDT-SWAP | +0.0266% | 8h | 253.06 | −0.036% | $268K | $161K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0380% | 8h | 253.09 | −0.024% | $107K | $22K | 20x | as long as short |
| Binance VRTUSDTshort | +0.0597% | 8h | 253.14 | −0.003% | $1.1M | $1.1M | 25x |
Gate VRT_USDT
Bitget VRTUSDT
HTX VRT-USDT
Injective VRT/USDC PERP
Bybit VRTUSDT
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM