Funding you earn now, next payment 05:00 UTC−0.0370%/8h= −40.5% APRpaid last 24h +0.011%
Price spread now: tradeXYZ against SunX−0.040%52s7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.040%, 7d avg −0.082%
=Together, before fees−0.069%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.043% dearer against SunX than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.082%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.034% in total) that is about 8.8 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment. 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 | 126.23 | 0 | get 0.0000% / 8h | 3h 38m | $607 | $315K | 10x |
| Short | tradeXYZ xyz:BX | 126.18 | −0.0370 | pay 0.0046% / 1h | 38m 22s | $664K | $217K | 10x |
SunX BX-USDT
tradeXYZ xyz:BXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$77.67
- Price spread: −0.040% → −0.082%
- $4.27
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$99.39
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 42 min ago; tradeXYZ: live order book, 48 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 SunX live order book, 42 min ago | 45.92 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 48 min ago | 2.77 bp | 28.3 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BXshort | −0.0370% | 1h | 126.18 | −0.040% | $664K | $217K | 10x | |
| Aster BXUSDT | 0.0000% | 8h | 126.21 | −0.014% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.25 | +0.016% | $483K | $802K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.24 | +0.008% | $163K | $111K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.42 | +0.151% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.33 | +0.079% | $422K | $28K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.38 | +0.119% | $899K | $37K | 20x | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.25 | +0.018% | $1K | $110K | 10x | as long as short |
| SunX BX-USDTlong | 0.0000% | 8h | 126.23 | long leg | $607 | $315K | 10x | |
| HTX BX-USDT | 0.0000% | 8h | 126.29 | +0.048% | $7K | $3K | 20x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Bitget BXUSDT
GRVT BX_USDT_Perp
HTX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTM | +0.0100% | 8h | 126.07 | −0.127% | $115K | $904K | 20x | as long as short |
| Variational Omni BX | +0.0196% | 8h | 126.17 | −0.049% | $43K | $12K | — | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.910% | $4K | $32K | 12x | as long as short |
| Binance BXUSDT | +0.0331% | 8h | 126.25 | +0.019% | $778K | $490K | 20x | as long as short |
KuCoin BXUSDTM
Variational Omni BX
Injective BX/USDC PERP
Binance BXUSDT