Funding arb · Price arb /

SUN

all SUN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.156%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$856as in the Funding arb table

Net, price: spread back to 7d avg − costs−$832as in the Price arb table

costs, in and out, $10k−$8528.524% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.156%, 7d avg −0.043%

Together, before fees−0.265%−$27 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: Bitget is 0.199% dearer against KuCoin than usual: you sell high and buy low, +$20 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	KuCoin SUNUSDTM	0.01734	0.0100	pay 0.0050% / 4h	2h 47m	$315K	$56K	20x
Short	Bitget SUNUSDT	0.01737	0.0100	get 0.0050% / 4h	2h 47m	$460K	$135K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → −0.043%: $19.88
Slippage, 4 orders: −$828.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$832.49
Costs to cover: 8.524%
Break-even: never at this rate

Slippage from KuCoin: live order book, 64 min ago; Bitget: live order book, 14 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 KuCoin live order book, 64 min ago	22.88 bp	120.5 bp −$121	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 14 min ago	2.60 bp	29.6 bp −$30	83.4 bp −$834	doesn't fit	doesn't fit

SUN on 12 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
Injective SUN/USDC PERP	+0.0033%	1h	0.01861	+7.318%	—	$16	5.5x	as long as short
Binance SUNUSDT	+0.0100%	4h	0.01741	+0.408%	$2.0M	$1.4M	50x	as long as short
Bybit SUNUSDT	+0.0100%	4h	0.01740	+0.363%	$1.5M	$339K	50x	as long as short
Gate SUN_USDT	+0.0100%	8h	0.01738	+0.202%	$131K	$70K	50x	as long as short
MEXC SUN_USDT	+0.0100%	4h	0.01737	+0.156%	$11.7M	$270K	125x	as long as short
KuCoin SUNUSDTMlong	+0.0100%	4h	0.01734	long leg	$315K	$56K	20x
Bitget SUNUSDTshort	+0.0100%	4h	0.01737	+0.156%	$460K	$135K	50x
BingX SUN-USDT	+0.0100%	4h	0.01738	+0.202%	—	$2.3M	—	as long as short
Variational Omni SUN	+0.0100%	4h	0.01733	−0.050%	$144K	$58	—	as long as short
SunX SUN-USDT	+0.0100%	4h	0.01738	+0.208%	$26K	$997K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SUN-USDT	+0.0100%	4h	0.01734	+0.017%	$318K	$33K	50x	as long as short
BloFin SUN-USDT	+0.0125%	4h	0.01736	+0.098%	$132K	$40K	50x	as long as short