Funding you earn now, next payment 04:00 UTC+0.0207%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h +0.120%
Price spread now: Binance against SunX−0.255%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.255%, 7d avg −0.005%
=Funding pays, the price is against you. Binance is 0.249% cheaper against SunX than usual: you would sell low and buy high (spread −0.255% now, against its 7-day average of −0.005%). If the spread goes back, that is −$25 on $10k: about 4.0 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.186% in total) that is about 9.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 牛来-USDT | 0.1060 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $1K | $420K | 10x |
| Short | Binance 牛来USDT | 0.1057 | 0.0307 | get 0.0153% / 4h | 2h 12m | $32.2M | $80.9M | 10x |
SunX 牛来-USDT
Binance 牛来USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $43.37
- Price spread: −0.255% → −0.005%
- −$24.94
- Slippage, 4 orders
- −$190.83
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.39
- Costs to cover
- 2.088%
- Break-even
- 37.7 days
Slippage from SunX: live order book, 28 min ago; Binance: live order book, 15 min ago.
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, 28 min ago | 71.39 bp | 87.2 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.47 bp | 18.7 bp −$19 | 78.6 bp −$786 | doesn't fit | doesn't fit |
牛来 on 6 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 牛来_USDT | +0.0100% | 4h | 0.1057 | −0.293% | $2.9M | $5.6M | 20x | as long as short |
| SunX 牛来-USDTlong | +0.0100% | 4h | 0.1060 | long leg | $1K | $420K | 10x | |
| HTX 牛来-USDT | +0.0128% | 4h | 0.1063 | +0.264% | $126K | $1.0M | 20x | as long as short |
| Binance 牛来USDTshort | +0.0307% | 4h | 0.1057 | −0.255% | $32.2M | $80.9M | 10x | |
| Aster 牛来USDT | +0.0383% | 4h | 0.1058 | −0.157% | $584K | $427K | 10x | as long as short |
| Bitget 牛来USDT | +0.1334% | 4h | 0.1059 | −0.113% | $1.8M | $4.6M | 10x | as long as short |
Gate 牛来_USDT
HTX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT