Funding you earn now, next payment 00:00 UTC−0.3262%/8h= −357.2% APRnext payment −$16.31 per $10,000 · paid last 24h −0.656%
Price spread now: SunX against Bybit+0.559%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costs−$473as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3843.844% of the position
Funding, last 7 days−0.884%−$88 on $10k
+Price spread, last 3 days (all we have)−0.384%−$38 · spread now +0.559%, 7d avg +0.296%
=The price spread pays, funding is against you. SunX is 0.263% dearer against Bybit than usual: you sell high and buy low (spread +0.559% now, against its 7-day average of +0.296%): +$26 on $10k if it goes back. Holding the pair costs −$98 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.884% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.884% in total (about -46.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.31 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 | Bybit SLXUSDT | 0.06618 | 0.3362 | pay 0.1681% / 4h | 1h 04m | $958K | $347K | 20x |
| Short | SunX SLX-USDT | 0.06655 | 0.0100 | get 0.0050% / 4h | 1h 04m | $1K | $418K | 20x |
Bybit SLXUSDT
SunX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- −$684.95
- Price spread: +0.559% → +0.296%
- $26.28
- Slippage, 4 orders
- −$365.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1,043.08
- Costs to cover
- 3.844%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 11 min ago; SunX: live order book, 67 min ago.
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 Bybit live order book, 11 min ago | 3.78 bp | 52.3 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 67 min ago | 59.03 bp | 153.6 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
SLX on 11 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 SLX_USDT | +0.0100% | 4h | 0.06642 | +0.363% | $312K | $631K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06640 | +0.332% | $970K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06639 | +0.317% | $1.0M | $363K | 20x | as long as short |
| SunX SLX-USDTshort | +0.0100% | 4h | 0.06655 | +0.559% | $1K | $418K | 20x | |
| OKX SLX-USDT-SWAP | +0.0209% | 4h | 0.06648 | +0.453% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0404% | 4h | 0.06640 | +0.332% | $2.0M | $208K | 20x | as long as short |
| Binance SLXUSDT | +0.0416% | 4h | 0.06645 | +0.414% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDT | +0.0440% | 4h | 0.06634 | +0.242% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0471% | 4h | 0.06636 | +0.272% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.3056% | 4h | 0.06638 | +0.302% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDTlong | +0.3362% | 4h | 0.06618 | long leg | $958K | $347K | 20x |