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

SUN

all SUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: Gate against BingX+0.086%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2952.949% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.086%, 7d avg +0.066%
Together, before fees−0.204%−$20 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: Gate is 0.020% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SUN-USDT0.017350.0100pay 0.0050% / 4h49m 05s$2.3M
ShortGate SUN_USDT0.017360.0100get 0.0100% / 8h4h 49m$127K$59K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: +0.086% → +0.066%
$2.01
Slippage, 4 orders
−$269.9
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$292.88
Costs to cover
2.949%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Gate: 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 BingX live order book, 14 min ago4.60 bp19.1 bp −$1958.4 bp −$584553.5 bp −$55.3K973.0 bp −$486.5K
Sell Gate live order book, 1 min ago5.47 bp142.8 bp −$143doesn't fitdoesn't fitdoesn't fit

SUN 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
Injective SUN/USDC PERP+0.0033%1h0.01861+7.262%$165.5xas long as short
BloFin SUN-USDT+0.0058%4h0.01735+0.017%$133K$40K50xas long as short
Binance SUNUSDT+0.0100%4h0.01735+0.012%$2.0M$1.4M50xas long as short
Bybit SUNUSDT+0.0100%4h0.01733−0.115%$1.4M$383K50xas long as short
Gate SUN_USDTshort+0.0100%8h0.01736+0.086%$127K$59K50x
MEXC SUN_USDT+0.0100%4h0.01735+0.006%$11.7M$270K125xas long as short
KuCoin SUNUSDTM+0.0100%4h0.01735−0.017%$314K$55K20xas long as short
Bitget SUNUSDT+0.0100%4h0.01735−0.012%$455K$124K50xas long as short
BingX SUN-USDTlong+0.0100%4h0.01735long leg$2.3M
Variational Omni SUN+0.0100%4h0.01733−0.104%$144K$58as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SUN-USDT+0.0100%4h0.01735+0.023%$26K$1.1M20xas long as short
HTX SUN-USDT+0.0100%4h0.01736+0.035%$318K$35K50xas long as short