Funding you earn now, next payment 04:00 UTC+0.0303%/8h= +33.1% APRnext payment +$1.51 per $10,000 · paid last 24h +0.062%
Price spread now: SunX against Orderly+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SunX is 0.084% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.7111 | −0.0203 | get 0.0101% / 4h | 1h 53m | $16K | $1K | 10x |
| Short | SunX ETHFI-USDT | 0.7117 | 0.0100 | get 0.0050% / 4h | 1h 53m | $2K | $1.1M | 20x |
Orderly PERP_ETHFI_USDC
SunX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Orderly. 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
- $63.57
- Price spread: +0.084% → 0.000%
- $8.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $58
- Costs to cover
- 0.140%
- Break-even
- 0.6 days
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 9 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 Orderly no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 9 min ago | 500.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0312% | 1h | 0.7117 | +0.084% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0203% | 4h | 0.7111 | long leg | $16K | $1K | 10x | |
| HTX ETHFI-USDT | −0.0078% | 4h | 0.7111 | 0.000% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.814% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0043% | 4h | 0.7161 | +0.708% | $1.1M | $714K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0064% | 8h | 0.7109 | −0.025% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7117 | +0.090% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7112 | +0.017% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7115 | +0.056% | $182K | $257K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7112 | +0.012% | $24.8M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7114 | +0.042% | $17.9M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7119 | +0.113% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7113 | +0.028% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7112 | +0.014% | $15.4M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7115 | +0.056% | $1.2M | $260K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7110 | −0.014% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7111 | 0.000% | — | $1.2M | — | as long as short |
| SunX ETHFI-USDTshort | +0.0100% | 4h | 0.7117 | +0.084% | $2K | $1.1M | 20x | |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7107 | −0.055% | $100K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7112 | +0.019% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7120 | +0.126% | $270K | $198K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0386% | 1h | 0.7133 | +0.302% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +1.997% | $32K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX