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: Bybit against SunX+0.049%46s7-day average +0.147% · you sell dearer than you buy
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)+0.249%+$25 · spread now +0.049%, 7d avg +0.147%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.097% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.147%). Swap the legs. The two prices were read 46 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 | SunX XLU-USDT | 40.720 | 0.0100 | pay 0.0100% / 8h | 4h 52m | — | $1.5M | 10x |
| Short | Bybit XLUUSDT | 40.740 | 0 | get 0.0000% / 8h | 4h 52m | $72K | $264K | 25x |
SunX XLU-USDT
Bybit XLUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.049% → +0.147%
- −$9.74
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$49.74
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Bybit: live order book, 45 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, 6 min ago | 901.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 9.81 bp | 126.6 bp −$127 | 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 XLUUSDTshort | 0.0000% | 8h | 40.740 | +0.049% | $72K | $264K | 25x | |
| Gate XLU_USDT | 0.0000% | 8h | 40.730 | +0.025% | $23K | $2K | 20x | as long as short |
| Bitget XLUUSDT | 0.0000% | 8h | 40.724 | +0.010% | $339K | $27K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.870 | +0.368% | $5K | $335K | 20x | as long as short |
| SunX XLU-USDTlong | +0.0100% | 8h | 40.720 | long leg | — | $1.5M | 10x | |
| MEXC XLU_USDT | +0.0200% | 8h | 40.754 | +0.083% | $473K | $79K | 20x | as long as short |
Gate XLU_USDT
Bitget XLUUSDT
HTX XLU-USDT
MEXC XLU_USDT