data as of
Settings8H · net · $10k
Funding arb /

M

all M markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC+0.0272%/8h
next payment, per $10,000+$1.36paid, last 24h+0.082%paid, last 5 days+0.080%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.080% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX M-USDT1.48070.0100pay 0.0050% / 4h2h 37m$2K$500K20x
ShortAster MUSDT1.47810.0372get 0.0186% / 4h2h 37m$15K$121K5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$57.06
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$39.06
Break-even
2.2 days
Slippage unknown: SunX: live order book, 61 min ago; Aster: live order book, 65 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.174%
Avg gap 7d
−0.148%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 61 min ago29.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 65 min ago19.77 bp69.4 bp −$69doesn't fitdoesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.6M$2.7M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.0M10xas long as short
Bitget MUSDT+0.0100%4h$1.9M$427K10xas long as short
Variational Omni M+0.0100%4h$90K$45Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$21910xas long as short
SunX M-USDTlong+0.0100%4h$2K$500K20x
Aster MUSDTshort+0.0372%4h$15K$121K5x
Binance MUSDT+0.0562%4h$5.5M$5.2M10xas long as short
BingX M-USDT+0.0562%4h$2.4Mas long as short
BloFin M-USDT+0.0568%4h$364K$459K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC M_USDT+0.0572%4h$249K$119K50xas long as short
KuCoin MUSDTM+0.2128%4h$1.4M$4.1M10xas long as short