4

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0514%/8h= −56.3% APRnext payment −$2.57 per $10,000 · paid last 24h −0.090%

Price spread now: SunX against BingX−0.304%7-day average −0.166% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.789%−$79 on $10k

Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.304%, 7d avg −0.166%

Together, before fees−0.660%−$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.138% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.166%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 4-USDT	0.02237	0.0614	pay 0.0307% / 4h	2h 06m	—	$1.3M	—
Short	SunX 4-USDT	0.02230	0.0100	get 0.0050% / 4h	2h 06m	$2K	$968K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee SunXbpOrdersPrice spread, now −0.304%Rate

Funding earned: −$107.94
Price spread: −0.304% → −0.166%: −$13.78
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$139.72
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 9 min ago; SunX: live order book, 6 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 BingX live order book, 9 min ago	30.32 bp	55.2 bp −$55	206.0 bp −$2,060	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	501.34 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

4 on 9 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
Variational Omni 4	+0.0100%	4h	0.02233	−0.175%	$54K	$9K	—	as long as short
SunX 4-USDTshort	+0.0100%	4h	0.02230	−0.304%	$2K	$968K	20x
MEXC 4_USDT	+0.0358%	4h	0.02231	−0.259%	$2.1M	$817K	100x	as long as short
Binance 4USDT	+0.0375%	4h	0.02228	−0.393%	$8.7M	$10.4M	20x	as long as short
Aster 4USDT	+0.0431%	4h	0.02231	−0.240%	$254K	$92K	5x	as long as short
Gate 4_USDT	+0.0550%	4h	0.02236	−0.027%	$610K	$230K	20x	as long as short
KuCoin 4USDTM	+0.0612%	4h	0.02230	−0.304%	$922K	$13.2M	20x	as long as short
BingX 4-USDTlong	+0.0614%	4h	0.02237	long leg	—	$1.3M	—
Bybit 4USDT	+0.0638%	4h	0.02225	−0.528%	$2.9M	$1.6M	5x	as long as short