Settings8H · net · $10k
Funding arb · Price arb /

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.103%
Price spread now: SunX against Binance+0.134%46s7-day average −0.163% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.645%−$65 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.134%, 7d avg −0.163%
Together, before fees−0.955%−$96 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.297% dearer against Binance than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.163%): +$30 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.645% in total) that is about 3.2 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 4USDT0.020110.0164pay 0.0082% / 4h3h 26m$7.9M$13.2M20x
ShortSunX 4-USDT0.020140.0100get 0.0050% / 4h3h 26m$1K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$13.48
Price spread: +0.134% → −0.163%
$29.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$1.73
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Binance: live order book, 14 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago2.72 bp26.1 bp −$26274.1 bp −$2,741doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago495.93 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit 4USDT+0.0100%4h0.02007−0.204%$2.6M$2.0M5xas long as short
Gate 4_USDT+0.0100%4h0.02010−0.075%$538K$296K20xas long as short
Variational Omni 4+0.0100%4h0.02023+0.559%$46K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.02014+0.134%$1K$1.3M20x
Binance 4USDTlong+0.0164%4h0.02011long leg$7.9M$13.2M20x
MEXC 4_USDT+0.0172%4h0.02012+0.035%$1.6M$916K100xas long as short
Aster 4USDT+0.0176%4h0.02009−0.100%$239K$109K5xas long as short
BingX 4-USDT+0.0182%4h0.02014+0.109%$1.4Mas long as short
KuCoin 4USDTM+0.0512%4h0.02008−0.164%$845K$12.4M20xas long as short