Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.179%
Price spread now: SunX against Bybit−0.074%56s7-day average −0.145% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now −0.074%, 7d avg −0.145%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.145%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLUUSDT | 40.740 | 0 | get 0.0000% / 8h | 4h 47m | $72K | $264K | 25x |
| Short | SunX XLU-USDT | 40.710 | 0.0100 | get 0.0100% / 8h | 4h 47m | — | $1.5M | 10x |
Bybit XLUUSDT
SunX XLU-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
- $21
- Price spread: −0.074% → −0.145%
- $7.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $9.18
- Costs to cover
- 0.190%
- Break-even
- 3.9 days
Slippage unknown: Bybit: live order book, 50 min ago; SunX: live order book, 11 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, 50 min ago | 9.81 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 901.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XLU on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XLUUSDTlong | 0.0000% | 8h | 40.740 | long leg | $72K | $264K | 25x | |
| Gate XLU_USDT | 0.0000% | 8h | 40.730 | −0.025% | $23K | $2K | 20x | as long as short |
| MEXC XLU_USDT | 0.0000% | 8h | 40.745 | +0.012% | $473K | $80K | 20x | as long as short |
| Bitget XLUUSDT | 0.0000% | 8h | 40.720 | −0.049% | $339K | $27K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.620 | −0.295% | $5K | $336K | 20x | as long as short |
| SunX XLU-USDTshort | +0.0100% | 8h | 40.710 | −0.074% | — | $1.5M | 10x |
Gate XLU_USDT
MEXC XLU_USDT
Bitget XLUUSDT
HTX XLU-USDT