BX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1207%/8h= +132.2% APRnext payment +$12.07 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.063%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$606as in the Funding arb table

Net, price: spread back to 7d avg − costs−$610as in the Price arb table

costs, in and out, $10k−$6086.082% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)+0.011%+$1 · spread now −0.063%, 7d avg −0.045%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$36 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BX-USDT	126.54	0	get 0.0000% / 8h	13m 35s	$867	$305K	10x
Short	KuCoin BXUSDTM	126.46	0.1207	get 0.1207% / 8h	13m 35s	$112K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.063%Rate

Funding earned: $253.47
Price spread: −0.063% → −0.045%: −$1.82
Slippage, 4 orders: −$588.23
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$356.58
Costs to cover: 6.082%
Break-even: 16.8 days

Slippage from SunX: live order book, 47 min ago; KuCoin: live order book, 1 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, 47 min ago	47.01 bp	65.1 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	8.70 bp	178.6 bp −$179	doesn't fit	doesn't fit	doesn't fit

BX on 14 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
Aster BXUSDT	0.0000%	8h	126.31	−0.181%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.60	+0.047%	$490K	$863K	25x	as long as short
QFEX BX-USD	0.0000%	1h	129.33	+2.205%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.77	+0.182%	$426K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.69	+0.119%	$903K	$44K	20x	as long as short
SunX BX-USDTlong	0.0000%	8h	126.54	long leg	$867	$305K	10x
HTX BX-USDT	0.0000%	8h	126.60	+0.047%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.57	+9.507%	$4K	$32K	12x	as long as short
tradeXYZ xyz:BX	+0.0232%	1h	126.42	−0.095%	$665K	$187K	10x	as long as short
OKX BX-USDT-SWAP	+0.0309%	8h	126.46	−0.063%	$162K	$109K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTMshort	+0.1207%	8h	126.46	−0.063%	$112K	$1.1M	20x
Variational Omni BX	+0.1240%	8h	126.53	−0.011%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1604%	8h	126.53	−0.009%	$796K	$470K	20x	as long as short
GRVT BX_USDT_Perp	+0.2322%	8h	126.53	−0.005%	$1K	$123K	10x	as long as short