Funding you earn now, next payment 12:00 UTC−0.1842%/8h= −201.7% APRnext payment −$9.21 per $10,000 · paid last 24h −0.477%
Price spread now: SunX against KuCoin+1.143%7-day average +0.927% · you sell dearer than you buy
Net, funding: paid 7d − costs−$672as in the Funding arb table
Net, price: spread back to 7d avg − costs−$374as in the Price arb table
costs, in and out, $10k−$3963.961% of the position
Funding, last 7 days−2.759%−$276 on $10k
+Price spread, last 4 days (all we have)−0.238%−$24 · spread now +1.143%, 7d avg +0.927%
=The price spread pays, funding is against you. SunX is 0.216% dearer against KuCoin than usual: you sell high and buy low (spread +1.143% now, against its 7-day average of +0.927%): +$22 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.3354 | 0.1942 | pay 0.0971% / 4h | 3h 16m | $1.3M | $3.6M | 10x |
| Short | SunX M-USDT | 1.3507 | 0.0100 | get 0.0050% / 4h | 3h 16m | $2K | $903K | 20x |
KuCoin MUSDTM
SunX M-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$386.82
- Price spread: +1.143% → +0.927%
- $21.61
- Slippage, 4 orders
- −$376.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$761.3
- Costs to cover
- 3.961%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; SunX: live order book, 26 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 KuCoin live order book, 11 min ago | 5.07 bp | 119.4 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 26 min ago | 30.60 bp | 69.3 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3486 | +0.986% | $1.8M | $910K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3508 | +1.151% | $2K | $510 | 10x | as long as short |
| SunX M-USDTshort | +0.0100% | 4h | 1.3507 | +1.143% | $2K | $903K | 20x | |
| Aster MUSDT | +0.0204% | 4h | 1.3496 | +1.059% | $12K | $83K | 5x | as long as short |
| Bybit MUSDT | +0.0344% | 4h | 1.3510 | +1.166% | $4.2M | $1.7M | 20x | as long as short |
| MEXC M_USDT | +0.0470% | 4h | 1.3508 | +1.151% | $248K | $113K | 50x | as long as short |
| Binance MUSDT | +0.0471% | 4h | 1.3509 | +1.155% | $5.4M | $3.9M | 10x | as long as short |
| BloFin M-USDT | +0.0476% | 4h | 1.3473 | +0.889% | $343K | $454K | 10x | as long as short |
| Variational Omni M | +0.0901% | 4h | 1.3513 | +1.185% | $90K | $20K | — | as long as short |
| BingX M-USDT | +0.1122% | 4h | 1.3509 | +1.158% | — | $2.4M | — | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
Aster MUSDT
Bybit MUSDT
MEXC M_USDT
Binance MUSDT
BloFin M-USDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1194% | 4h | 1.3511 | +1.173% | $1.8M | $256K | 10x | as long as short |
| KuCoin MUSDTMlong | +0.1942% | 4h | 1.3354 | long leg | $1.3M | $3.6M | 10x |
Bitget MUSDT