RED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.088%

Price spread now: MEXC against SunX−2.336%7-day average −2.392% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.549%+$55 on $10k

Price spread, last 3 days (all we have)−0.216%−$22 · spread now −2.336%, 7d avg −2.392%

Together, before fees+0.333%+$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.056% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −2.392%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX RED-USDT	0.1541	0.0100	pay 0.0050% / 4h	1h 59m	$2K	$657K	20x
Short	MEXC RED_USDT	0.1505	0.0354	get 0.0177% / 4h	1h 59m	$551K	$170K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee SunXbpFee MEXCbpOrdersPrice spread, now −2.336%Rate

Funding earned: $53.34
Price spread: −2.336% → −2.392%: $5.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $46.96
Costs to cover: 0.120%
Break-even: 0.8 days

Slippage unknown: SunX: live order book, 12 min ago; MEXC: live order book, 16 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, 12 min ago	255.58 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 16 min ago	3.32 bp	9.4 bp −$9	39.4 bp −$394	210.0 bp −$21.0K	508.0 bp −$254.0K

RED on 10 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
Aster REDUSDT	+0.0100%	4h	0.1505	−2.339%	$21K	$33K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1505	−2.368%	$2.4M	$3.9M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1504	−2.427%	$2.2M	$1.7M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1505	−2.336%	$348K	$151K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1506	−2.271%	$721K	$305K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1505	−2.343%	$25K	$3K	—	as long as short
SunX RED-USDTlong	+0.0100%	4h	0.1541	long leg	$2K	$657K	20x
Extended RED-USD	+0.0104%	1h	0.1504	−2.415%	$30	—	5x	as long as short
BloFin RED-USDT	+0.0159%	4h	0.1505	−2.336%	$225K	$3K	25x	as long as short
MEXC RED_USDTshort	+0.0354%	4h	0.1505	−2.336%	$551K	$170K	20x