Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against BingX+0.394%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1571.572% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 3 days (all we have)−0.339%−$34 · spread now +0.394%, 7d avg +0.024%
=The price spread pays, funding is against you. SunX is 0.369% dearer against BingX than usual: you sell high and buy low (spread +0.394% now, against its 7-day average of +0.024%): +$37 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. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.1230 | 0.0182 | pay 0.0091% / 4h | 2h 04m | — | $6.3M | — |
| Short | SunX BR-USDT | 1.1274 | 0.0100 | get 0.0050% / 4h | 2h 04m | — | $685K | 10x |
BingX BR-USDT
SunX BR-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.22
- Price spread: +0.394% → +0.024%
- $36.91
- Slippage, 4 orders
- −$139.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$137.48
- Costs to cover
- 1.572%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; SunX: live order book, 7 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 BingX live order book, 16 min ago | 3.18 bp | 19.0 bp −$19 | 65.6 bp −$656 | 553.4 bp −$55.3K | doesn't fit |
| Sell SunX live order book, 7 min ago | 44.52 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 BR | +0.0100% | 4h | 1.1226 | −0.033% | $267K | $301K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.1274 | +0.394% | — | $685K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.1276 | +0.405% | $87K | $240K | 20x | as long as short |
| Bybit BRUSDT | +0.0181% | 4h | 1.1252 | +0.197% | $11.0M | $25.9M | 5x | as long as short |
| BingX BR-USDTlong | +0.0182% | 4h | 1.1230 | long leg | — | $6.3M | — | |
| KuCoin BRUSDTM | +0.0386% | 4h | 1.1214 | −0.145% | $4.9M | $5.5M | 30x | as long as short |
| Gate BR_USDT | +0.0528% | 4h | 1.1229 | −0.006% | $7.4M | $8.5M | 20x | as long as short |
| Aster BRUSDT | +0.0575% | 4h | 1.1221 | −0.084% | $707K | $2.7M | 5x | as long as short |
| Bitget BRUSDT | +0.0792% | 4h | 1.1266 | +0.318% | $8.2M | $12.7M | 10x | as long as short |
| Binance BRUSDT | +0.1133% | 4h | 1.1269 | +0.349% | $53.9M | $163.9M | 25x | as long as short |
Variational Omni BR
HTX BR-USDT
Bybit BRUSDT
KuCoin BRUSDTM
Gate BR_USDT
Aster BRUSDT
Bitget BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1140% | 4h | 1.1242 | +0.107% | $15.5M | $7.6M | 100x | as long as short |
MEXC BR_USDT