Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 32.540 | 0 | 0.0000% / 8h | 4h 51m | — | $1.5M | 10x | Long SunX≤10% back | |
| SHORT | 32.350 | +0.0196 | get 0.0196% / 8h | 4h 51m | $107K | $920K | 20x | Short Binance |
Price gap−0.584%
Funding gap+0.0196% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.122% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0196% /8h now · paid −0.042% over the last 7D
Price+$12spread −0.584% now, avg −0.706% → +0.122% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$8+0.08%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.042% in total, about −0.0020%/8h on average.
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−0.584%
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
/8hZCSH on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $500SunX 10x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$5.89Long SunX: 3 payments, $0.00; short Binance: 3 payments, +$5.89.
- OK: Entry gap works for you−0.584% vs −0.706%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $107K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0020%/8h × 21 periods−$4.17
Price spread−0.584% → −0.706% (7d avg)+$12.23
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 2 min ago; Binance: live order book, 66 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX521.47doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.5334.9 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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