Settings8H · net · $10k
Funding arb · Price arb /

M

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX−0.135%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2632.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.135%, 7d avg −0.161%
Together, before fees−0.155%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX M-USDT1.47620.0100pay 0.0050% / 4h2h 21m$2K$540K20x
ShortBybit MUSDT1.47420.0100get 0.0050% / 4h2h 21m$4.7M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.135% → −0.161%
$2.55
Slippage, 4 orders
−$244.23
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$260.67
Costs to cover
2.632%
Break-even
never at this rate
Slippage from SunX: live order book, 59 min ago; Bybit: live order book, 1 min ago.

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, 59 min ago31.24 bp113.5 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.39 bp38.5 bp −$39248.8 bp −$2,488doesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUSDTshort+0.0100%4h1.4742−0.135%$4.7M$2.3M20x
Gate M_USDT+0.0100%8h1.4739−0.156%$2.0M$891K10xas long as short
Bitget MUSDT+0.0100%4h1.4772+0.068%$1.9M$342K10xas long as short
Variational Omni M+0.0100%4h1.4789+0.183%$91K$42Kas long as short
Orderly PERP_M_USDC+0.0100%4h1.4776+0.095%$2K$13910xas long as short
SunX M-USDTlong+0.0100%4h1.4762long leg$2K$540K20x
Aster MUSDT+0.0431%4h1.4758−0.027%$15K$115K5xas long as short
BingX M-USDT+0.0638%4h1.4769+0.047%$2.4Mas long as short
BloFin M-USDT+0.0665%4h1.4792+0.203%$351K$402K10xas long as short
MEXC M_USDT+0.0682%4h1.4766+0.027%$248K$112K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MUSDT+0.0696%4h1.47620.000%$5.5M$4.5M10xas long as short
KuCoin MUSDTM+0.0730%4h1.4599−1.105%$1.4M$4.4M10xas long as short