Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.79 per $10,000 · paid last 24h +0.026%
Price spread now: SunX against MEXC−0.097%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.097%, 7d avg −0.050%
=Funding pays, the price is against you. SunX is 0.047% cheaper against MEXC than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.050%). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.101% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USOIL_USDT | 93.120 | −0.0158 | get 0.0079% / 4h | 34m 01s | $67.4M | $60.0M | 200x |
| Short | SunX USOIL-USDT | 93.030 | 0 | get 0.0000% / 4h | 34m 01s | $4K | $2.4M | 20x |
MEXC USOIL_USDT
SunX USOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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: −0.097% → −0.050%
- −$4.65
- Slippage, 4 orders
- −$47.3
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$28.77
- Costs to cover
- 0.573%
- Break-even
- 13.1 days
Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 3 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 MEXC live order book, 5 min ago | 0.54 bp | 1.5 bp −$2 | 1.5 bp −$15 | 1.5 bp −$154 | 4.2 bp −$2,084 |
| Sell SunX live order book, 3 min ago | 20.40 bp | 25.2 bp −$25 | 55.2 bp −$552 | doesn't fit | doesn't fit |
USOIL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC USOIL_USDTlong | −0.0158% | 4h | 93.120 | long leg | $67.4M | $60.0M | 200x | |
| SunX USOIL-USDTshort | 0.0000% | 4h | 93.030 | −0.097% | $4K | $2.4M | 20x | |
| HTX USOIL-USDT | 0.0000% | 4h | 93.060 | −0.064% | $1.8M | $3.7M | 75x | as long as short |
HTX USOIL-USDT