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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget−0.007%7-day average +0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$2882.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.190%+$19 · spread now −0.007%, 7d avg +0.155%
Together, before fees+0.202%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.161% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.155%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUSDT1.47110.0100pay 0.0050% / 4h2h 09m$1.9M$343K10x
ShortSunX M-USDT1.47100.0100get 0.0050% / 4h2h 09m$2K$542K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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
$0
Price spread: −0.007% → +0.155%
−$16.14
Slippage, 4 orders
−$267.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$304.1
Costs to cover
2.880%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; SunX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 8 min ago7.13 bp36.8 bp −$37490.4 bp −$4,904doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago30.88 bp85.8 bp −$86doesn't fitdoesn't fitdoesn't fit

M on 12 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 MUSDT+0.0100%4h1.4698−0.088%$4.7M$2.3M20xas long as short
Gate M_USDT+0.0100%8h1.4687−0.163%$2.0M$898K10xas long as short
Bitget MUSDTlong+0.0100%4h1.4711long leg$1.9M$343K10x
Variational Omni M+0.0100%4h1.4714+0.019%$90K$42Kas long as short
Orderly PERP_M_USDC+0.0100%4h1.4720+0.061%$2K$13910xas long as short
SunX M-USDTshort+0.0100%4h1.4710−0.007%$2K$542K20x
Aster MUSDT+0.0461%4h1.4701−0.065%$15K$115K5xas long as short
BingX M-USDT+0.0702%4h1.4706−0.034%$2.4Mas long as short
BloFin M-USDT+0.0742%4h1.4727+0.109%$349K$404K10xas long as short
MEXC M_USDT+0.0750%4h1.4715+0.027%$246K$112K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.0751%4h1.4718+0.048%$5.5M$4.5M10xas long as short
KuCoin MUSDTM+0.0878%4h1.4556−1.052%$1.4M$4.4M10xas long as short