Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.030%
Price spread now: Coinbase International against SunX−0.284%57s7-day average −0.307% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as 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−$2742.741% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.284%, 7d avg −0.307%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.307%. The two prices were read 57 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 BE-USDT | 271.36 | 0 | get 0.0000% / 8h | 1h 23m | $920 | $2.3M | 10x |
| Short | Coinbase International BE-PERP-INTX | 270.59 | 0.0056 | get 0.0007% / 1h | 23m 24s | $473K | $130K | 10x |
SunX BE-USDT
Coinbase International BE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $11.76
- Price spread: −0.284% → −0.307%
- $2.34
- Slippage, 4 orders
- −$256.06
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$259.96
- Costs to cover
- 2.741%
- Break-even
- 161.7 days
Slippage from SunX: live order book, 3 min ago; Coinbase International: live order book, 20 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, 3 min ago | 45.65 bp | 125.7 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 20 min ago | 3.69 bp | 8.7 bp −$9 | 16.6 bp −$166 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0215% | 8h | 271.30 | −0.022% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | −0.0141% | 8h | 271.36 | 0.000% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.28 | −0.028% | $341K | $125K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.40 | +0.016% | $46K | $251K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.44 | +0.029% | $8.2M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.53 | +0.063% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.41 | +0.018% | $7K | $157K | 10x | as long as short |
| SunX BE-USDTlong | 0.0000% | 8h | 271.36 | long leg | $920 | $2.3M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 271.57 | +0.077% | $12K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.24 | −0.044% | — | — | 10x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 271.45 | +0.033% | $242K | $299K | 10x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 271.50 | +0.052% | $1.3M | $2.3M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.17 | −0.070% | $113K | $109K | 10x | as long as short |
| Bybit BEUSDT | +0.0041% | 8h | 271.51 | +0.055% | $2.0M | $1.1M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.44 | +0.029% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.44 | +0.029% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTXshort | +0.0056% | 1h | 270.59 | −0.284% | $473K | $130K | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.37 | +0.004% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.44 | +0.028% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.65 | +0.107% | $45K | $147K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0303% | 1h | 271.40 | +0.015% | $6K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Bybit BEUSDT
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL