Funding arb · Price arb /

STABLE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX0.000%7-day average −0.043% · you sell dearer than you buy

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now 0.000%, 7d avg −0.043%

Together, before fees−0.406%−$41 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: Binance is 0.043% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STABLE-USDT	0.02440	0.0100	pay 0.0050% / 4h	3h 00m	$1K	$899K	20x
Short	Binance STABLEUSDT	0.02440	0.0100	get 0.0050% / 4h	3h 00m	$2.5M	$2.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.043%: $4.32
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.68
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Binance: live order book, 5 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	500.23 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.05 bp	32.4 bp −$32	102.8 bp −$1,028	doesn't fit	doesn't fit

STABLE on 15 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
Lighter STABLE	+0.0096%	1h	0.02453	+0.496%	$113K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02440	−0.020%	$857K	$180K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02440	−0.020%	$18K	$10K	20x	as long as short
Binance STABLEUSDTshort	+0.0100%	4h	0.02440	0.000%	$2.5M	$2.8M	75x
Bybit STABLEUSDT	+0.0100%	4h	0.02443	+0.107%	$1.5M	$768K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02442	+0.061%	$207K	$420K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02440	−0.020%	$174K	$60K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02440	−0.020%	$584K	$163K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02445	+0.184%	$177K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02442	+0.061%	$281K	$93K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02440	−0.020%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02443	+0.105%	$143K	$8K	—	as long as short
SunX STABLE-USDTlong	+0.0100%	4h	0.02440	long leg	$1K	$899K	20x
Extended STABLE-USD	+0.0104%	1h	0.02440	−0.024%	$15K	$226K	10x	as long as short
BloFin STABLE-USDT	+0.0134%	4h	0.02436	−0.184%	$113K	$7K	75x	as long as short