Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Bybit−0.094%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.094%, 7d avg +0.025%
=Funding pays, the price is against you. SunX is 0.119% cheaper against Bybit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.025%). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CIENUSDT | 363.23 | 0 | get 0.0000% / 8h | 8m 41s | $173K | $189K | 25x |
| Short | SunX CIEN-USDT | 362.89 | 0.0100 | get 0.0100% / 8h | 8m 41s | $1K | $863K | 10x |
Bybit CIENUSDT
SunX CIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- $21
- Price spread: −0.094% → +0.025%
- −$11.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$9.91
- Costs to cover
- 0.190%
- Break-even
- 10.3 days
Slippage unknown: Bybit: live order book, 62 min ago; SunX: live order book, 14 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 Bybit live order book, 62 min ago | 9.03 bp | 114.7 bp −$115 | 228.4 bp −$2,284 | doesn't fit | doesn't fit |
| Sell SunX live order book, 14 min ago | 500.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CIENUSDT | −0.0349% | 8h | 363.16 | −0.019% | $96K | $191K | 20x | as long as short |
| QFEX CIEN-USD | −0.0056% | 1h | 363.23 | 0.000% | $1.1M | $3.3M | 10x | as long as short |
| Binance CIENUSDT | 0.0000% | 8h | 363.19 | −0.012% | $503K | $1.3M | 20x | as long as short |
| Bybit CIENUSDTlong | 0.0000% | 8h | 363.23 | long leg | $173K | $189K | 25x | |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 362.96 | −0.074% | $130K | $193K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 363.80 | +0.157% | $294K | $40K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 363.31 | +0.023% | $48K | $55K | — | as long as short |
| Paragon para:CIEN | +0.0068% | 1h | 363.63 | +0.111% | $65K | $139K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 362.60 | −0.173% | $103K | $212K | 20x | as long as short |
| SunX CIEN-USDTshort | +0.0100% | 8h | 362.89 | −0.094% | $1K | $863K | 10x |
Bitget CIENUSDT
QFEX CIEN-USD
Binance CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Variational Omni CIEN
Paragon para:CIEN
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CIEN-USDT | +0.0100% | 8h | 367.16 | +1.082% | $9K | $42K | 10x | as long as short |
HTX CIEN-USDT