M

Alert

Funding spread now, next payment 20:00 UTC+0.0528%/8h

next payment, per $10,000+$2.64paid, last 24h+0.091%paid, last 7 days+0.181%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 0.181% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX M-USDT	1.4818	0.0100	pay 0.0050% / 4h	3h 24m	$2K	$486K	20x
Short	BingX M-USDT	1.4841	0.0628	get 0.0314% / 4h	3h 24m	—	$2.4M	—

Funding history

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee BingXbpOrdersRate

Funding earned: $110.88
Slippage, 4 orders: no order book: not counted
Fee SunX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $90.88
Break-even: 1.3 days

Slippage unknown: SunX: live order book, 15 min ago; BingX: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.155%
Avg gap 7d: −0.134%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 15 min ago	29.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	5.06 bp	17.0 bp −$17	79.5 bp −$795	doesn't fit	doesn't fit

M on 12 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MUSDT	+0.0100%	4h	$4.7M	$2.7M	20x	as long as short
Gate M_USDT	+0.0100%	8h	$2.0M	$1.0M	10x	as long as short
Bitget MUSDT	+0.0100%	4h	$1.9M	$436K	10x	as long as short
Variational Omni M	+0.0100%	4h	$91K	$46K	—	as long as short
Orderly PERP_M_USDC	+0.0100%	4h	$2K	$180	10x	as long as short
SunX M-USDTlong	+0.0100%	4h	$2K	$486K	20x
Aster MUSDT	+0.0457%	4h	$17K	$126K	5x	as long as short
Binance MUSDT	+0.0616%	4h	$5.5M	$5.5M	10x	as long as short
MEXC M_USDT	+0.0626%	4h	$249K	$123K	50x	as long as short
BingX M-USDTshort	+0.0628%	4h	—	$2.4M	—

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin M-USDT	+0.0641%	4h	$359K	$476K	10x	as long as short
KuCoin MUSDTM	+0.2428%	4h	$1.4M	$4.1M	10x	as long as short