Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.79 per $10,000 · paid last 24h +0.110%
Price spread now: edgeX against SunX−0.112%46s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3163.155% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)+0.308%+$31 · spread now −0.112%, 7d avg +0.006%
=Together, before fees+0.533%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.119% cheaper against SunX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.006%). If the spread goes back, that is −$12 on $10k: about 2.5 days of funding at the current rate (+$5 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2848 | 0.0100 | pay 0.0050% / 4h | 1h 05m | — | $1.4M | 10x |
| Short | edgeX USELESSUSDC | 0.2845 | 0.0258 | get 0.0129% / 4h | 1h 05m | $21K | $197K | 10x |
SunX USELESS-USDT
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $33.18
- Price spread: −0.112% → +0.006%
- −$11.88
- Slippage, 4 orders
- −$298.51
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$294.21
- Costs to cover
- 3.155%
- Break-even
- 69.1 days
Slippage from SunX: live order book, 9 min ago; edgeX: live order book, 36 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 SunX live order book, 9 min ago | 44.79 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 1.08 bp | 71.0 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 USELESS | +0.0096% | 1h | 0.2844 | −0.140% | $1.3M | $1.3M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2842 | −0.218% | $30K | $19K | 3x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2837 | −0.386% | $5.5M | $10.5M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2838 | −0.351% | $28K | $267K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2848 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2853 | +0.193% | $20K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2858 | +0.358% | $655K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0102% | 4h | 0.2837 | −0.383% | $5.2M | $10.7M | 12x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0115% | 4h | 0.2839 | −0.305% | $9.7M | $71.0M | 10x | as long as short |
| Aster USELESSUSDT | +0.0124% | 4h | 0.2840 | −0.271% | $556K | $2.2M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
OKX USELESS-USDT-SWAP
Aster USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0144% | 1h | 0.2833 | −0.510% | $10K | — | 3x | as long as short |
| Hyperliquid USELESS | +0.0189% | 1h | 0.2838 | −0.351% | $12.4M | $23.4M | 3x | as long as short |
| edgeX USELESSUSDCshort | +0.0258% | 4h | 0.2845 | −0.112% | $21K | $197K | 10x | |
| Extended USELESS-USD | +0.0264% | 1h | 0.2840 | −0.286% | $242K | $896K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0266% | 4h | 0.2840 | −0.281% | $11.9M | $6.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0268% | 4h | 0.2838 | −0.348% | $23.5M | $124.6M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0498% | 4h | 0.2839 | −0.298% | $26.8M | $49.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0508% | 4h | 0.2837 | −0.376% | — | $5.3M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0529% | 1h | 0.2843 | −0.169% | $52K | $701K | 25x | as long as short |
| Variational Omni USELESS | +0.0561% | 4h | 0.2851 | +0.095% | $1.2M | $1.9M | — | as long as short |
| Gate USELESS_USDT | +0.0658% | 4h | 0.2835 | −0.439% | $7.1M | $8.7M | 50x | as long as short |
| BloFin USELESS-USDT | +0.0765% | 4h | 0.2848 | +0.021% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0950% | 4h | 0.2839 | −0.313% | $22K | $1.5M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3013 | +5.812% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
Hyperliquid USELESS
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Bybit USELESSUSDT
BingX USELESS-USDT
ApeX Omni USELESSUSDT
Variational Omni USELESS
Gate USELESS_USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP