Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against SunX−0.095%7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.095%, 7d avg −0.152%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.057% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.152%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.12 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 | 1.3620 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $2K | $832K | 20x |
| Short | Bitget MUSDT | 1.3607 | 0.0324 | get 0.0162% / 4h | 2h 16m | $1.8M | $247K | 10x |
SunX M-USDT
Bitget MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $47.04
- Price spread: −0.095% → −0.152%
- $5.66
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $32.7
- Costs to cover
- 0.200%
- Break-even
- 2.1 days
Slippage unknown: SunX: live order book, 56 min ago; Bitget: live order book, 1 min ago. Net counts fees only.
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, 56 min ago | 264.30 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 12.13 bp | 55.6 bp −$56 | 394.6 bp −$3,946 | 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 | 1.3567 | −0.389% | $1.8M | $916K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3592 | −0.206% | $2K | $510 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.3620 | long leg | $2K | $832K | 20x | |
| Bitget MUSDTshort | +0.0324% | 4h | 1.3607 | −0.095% | $1.8M | $247K | 10x | |
| Bybit MUSDT | +0.0464% | 4h | 1.3588 | −0.235% | $4.2M | $1.8M | 20x | as long as short |
| Aster MUSDT | +0.0578% | 4h | 1.3588 | −0.234% | $14K | $83K | 5x | as long as short |
| Variational Omni M | +0.0755% | 4h | 1.3600 | −0.150% | $84K | $43K | — | as long as short |
| BingX M-USDT | +0.0830% | 4h | 1.3582 | −0.279% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.0878% | 4h | 1.3600 | −0.143% | $5.4M | $3.9M | 10x | as long as short |
| MEXC M_USDT | +0.0882% | 4h | 1.3599 | −0.154% | $229K | $109K | 50x | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
Bybit MUSDT
Aster MUSDT
Variational Omni M
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0934% | 4h | 1.3584 | −0.264% | $346K | $441K | 10x | as long as short |
| KuCoin MUSDTM | +0.2294% | 4h | 1.3477 | −1.048% | $1.4M | $3.8M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM