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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0256%/8h= +28.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.109%
Price spread now: MEXC against SunX−0.100%7-day average +0.152% · you buy dearer than you sell
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+0.667%+$67 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.100%, 7d avg +0.152%
Together, before fees+0.600%+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.251% cheaper against SunX than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of +0.152%). If the spread goes back, that is −$25 on $10k: about 3.3 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020040.0100pay 0.0050% / 4h3h 28m$1K$1.5M20x
ShortMEXC 4_USDT0.020020.0356get 0.0178% / 4h3h 28m$1.8M$976K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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
$53.76
Price spread: −0.100% → +0.152%
−$25.14
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
$16.62
Costs to cover
0.120%
Break-even
4.8 days
Slippage unknown: SunX: live order book, 6 min ago; MEXC: live order book, 1 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 SunX live order book, 6 min ago479.72 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago5.00 bp18.0 bp −$18112.0 bp −$1,120277.9 bp −$27.8Kdoesn'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%4h0.02001−0.160%$2.6M$2.1M5xas long as short
Gate 4_USDT+0.0100%4h0.02003−0.070%$548K$332K20xas long as short
Variational Omni 4+0.0100%4h0.02007+0.163%$48K$12Kas long as short
SunX 4-USDTlong+0.0100%4h0.02004long leg$1K$1.5M20x
KuCoin 4USDTM+0.0132%4h0.02000−0.200%$886K$12.2M20xas long as short
Aster 4USDT+0.0255%4h0.02002−0.092%$237K$117K5xas long as short
MEXC 4_USDTshort+0.0356%4h0.02002−0.100%$1.8M$976K100x
Binance 4USDT+0.0356%4h0.02004+0.008%$7.9M$14.4M20xas long as short
BingX 4-USDT+0.0382%4h0.02010+0.304%$1.4Mas long as short