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

M

all M markets
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Funding spread now, next payment 16:00 UTC+0.0460%/8h
next payment, per $10,000+$2.30paid, last 24h+0.070%paid, last 7 days+0.282%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.282% in total (about 14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.30 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-USDT1.49170.0100pay 0.0050% / 4h1h 49m$1K$491K20x
ShortBinance MUSDT1.49310.0560get 0.0280% / 4h1h 49m$5.5M$6.6M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$96.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$76.64
Break-even
1.4 days
Slippage unknown: SunX: live order book, 10 min ago; Binance: live order book, 6 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.094%
Avg gap 7d
−0.150%
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, 10 min ago29.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.68 bp49.8 bp −$50385.4 bp −$3,854doesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$3.2M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.1M10xas long as short
Bitget MUSDT+0.0100%4h$1.9M$504K10xas long as short
Variational Omni M+0.0100%4h$93K$51Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$18010xas long as short
SunX M-USDTlong+0.0100%4h$1K$491K20x
Aster MUSDT+0.0391%4h$17K$138K5xas long as short
BloFin M-USDT+0.0516%4h$366K$549K10xas long as short
BingX M-USDT+0.0536%4h$2.5Mas long as short
MEXC M_USDT+0.0560%4h$254K$131K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance MUSDTshort+0.0560%4h$5.5M$6.6M10x
KuCoin MUSDTM+0.1730%4h$1.4M$4.0M10xas long as short