Settings8H · net · $10k
Funding arb · Price arb /

MSFU

RWAall MSFU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0136%/8h= +14.9% APRnext payment +$1.36 per $10,000 · paid last 24h −0.041%
Price spread now: MEXC against SunX+0.074%7-day average −0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.094%−$9 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.074%, 7d avg −0.102%
Together, before fees−0.259%−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.175% dearer against SunX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 5 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MSFU-USDT37.9900get 0.0000% / 8h48m 57s$2.3M10x
ShortMEXC MSFU_USDT38.0180.0136get 0.0136% / 8h48m 57s$1.2M$117K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$28.56
Price spread: +0.074% → −0.102%
$17.53
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
$38.09
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 8 min ago; MEXC: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago231.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago38.36 bp45.1 bp −$4550.1 bp −$501184.8 bp −$18.5Kdoesn't fit

MSFU on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MSFUUSDT0.0000%8h38.040+0.132%$18K$21K25xas long as short
Gate MSFU_USDT0.0000%8h38.000+0.026%$98K$1K20xas long as short
Bitget MSFUUSDT0.0000%8h38.004+0.037%$91K$393K20xas long as short
SunX MSFU-USDTlong0.0000%8h37.990long leg$2.3M10x
HTX MSFU-USDT0.0000%8h38.010+0.053%$6K$316K20xas long as short
MEXC MSFU_USDTshort+0.0136%8h38.018+0.074%$1.2M$117K20x