Funding arb · Price arb /

SUN

all SUN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.091%

Price spread now: MEXC against Variational Omni+0.008%7-day average +0.073% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.154%+$15 on $10k

Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.008%, 7d avg +0.073%

Together, before fees+0.190%+ Points / potential airdropVariational Omni: Active · farm board+$19 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: MEXC is 0.065% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SUN	0.01726	0.0100	pay 0.0050% / 4h	2h 10m	$143K	$70	—
Short	MEXC SUN_USDT	0.01727	0.0100	get 0.0050% / 4h	2h 10m	$11.7M	$275K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.073%: −$6.45
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$10.45
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 14 min ago; MEXC: live order book, 8 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 Variational Omni RFQ quote, 14 min ago	8.69 bp	doesn't fit	773.7 bp −$7,737	doesn't fit	doesn't fit
Sell MEXC live order book, 8 min ago	0.29 bp	7.9 bp −$8	46.0 bp −$460	61.7 bp −$6,169	113.9 bp −$56.9K

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	+7.793%	—	$16	5.5x	as long as short
Binance SUNUSDT	+0.0100%	4h	0.01727	+0.008%	$2.0M	$1.3M	50x	as long as short
Bybit SUNUSDT	+0.0100%	4h	0.01727	+0.031%	$1.5M	$287K	50x	as long as short
Gate SUN_USDT	+0.0100%	8h	0.01728	+0.113%	$129K	$58K	50x	as long as short
MEXC SUN_USDTshort	+0.0100%	4h	0.01727	+0.008%	$11.7M	$275K	125x
KuCoin SUNUSDTM	+0.0100%	4h	0.01728	+0.084%	$314K	$56K	20x	as long as short
Bitget SUNUSDT	+0.0100%	4h	0.01727	+0.020%	$461K	$134K	50x	as long as short
BingX SUN-USDT	+0.0100%	4h	0.01727	+0.020%	—	$2.3M	—	as long as short
Variational Omni SUNlong	+0.0100%	4h	0.01726	long leg	$143K	$70	—
SunX SUN-USDT	+0.0100%	4h	0.01727	+0.014%	$26K	$916K	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	0.01726	−0.015%	$316K	$28K	50x	as long as short
BloFin SUN-USDT	+0.0151%	4h	0.01726	−0.003%	$131K	$39K	50x	as long as short