Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Gate−0.098%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SunX is 0.098% cheaper against Gate than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day). The two prices were read 53 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 | Gate XLU_USDT | 40.730 | 0 | get 0.0000% / 8h | 4h 50m | $23K | $2K | 20x |
| Short | SunX XLU-USDT | 40.690 | 0.0100 | get 0.0100% / 8h | 4h 50m | — | $1.5M | 10x |
Gate XLU_USDT
SunX XLU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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: −0.098% → 0.000%
- −$9.82
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$11.82
- Costs to cover
- 0.230%
- Break-even
- 10.9 days
Slippage unknown: Gate: no order-book sample; SunX: live order book, 8 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 Gate no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 8 min ago | 901.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 XLUUSDT | 0.0000% | 8h | 40.740 | +0.025% | $72K | $264K | 25x | as long as short |
| Gate XLU_USDTlong | 0.0000% | 8h | 40.730 | long leg | $23K | $2K | 20x | |
| MEXC XLU_USDT | 0.0000% | 8h | 40.742 | +0.029% | $473K | $79K | 20x | as long as short |
| Bitget XLUUSDT | 0.0000% | 8h | 40.724 | −0.015% | $339K | $27K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.620 | −0.270% | $5K | $336K | 20x | as long as short |
| SunX XLU-USDTshort | +0.0100% | 8h | 40.690 | −0.098% | — | $1.5M | 10x |
Bybit XLUUSDT
MEXC XLU_USDT
Bitget XLUUSDT
HTX XLU-USDT