Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.290 | 0 | 0.0000% / 4h | 3h 56m | $13K | $4.6M | 20x | Long SunX≤10% back | |
| SHORT | 54.130 | +0.0100 | get 0.0050% / 4h | 3h 56m | $251K | $54K | 20x | Short Orderly |
Price gap−0.295%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.042% under its 7d average: −$4 if it goes back, about 34 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6+0.0100% /8h now · paid −0.065% over the last 7D
Price−$4spread −0.295% now, avg −0.253% → −0.042% if it goes back
Costsno datano order book for Orderly
Result, before costs−$11−0.11%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
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−0.295%
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
/8hXAG on 49 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$500 + $500SunX 20x, Orderly 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.00Long SunX: 6 payments, $0.00; short Orderly: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.295% vs −0.253%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$13K vs $251K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0031%/8h × 21 periods−$6.48
Price spread−0.295% → −0.253% (7d avg)−$4.19
Slippage, 4 ordersno data for Orderly—
Fee SunX bp × 2 orders−$8.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$24.67
Costs to cover0.140%Break-evennever at this rate
Slippage: SunX: live order book, 12 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSunX23.9628.0 bp−$2856.3 bp−$563doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
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