Funding you earn now, next payment 04:00 UTC−0.1238%/8h= −135.6% APRnext payment −$6.19 per $10,000 · paid last 24h −0.242%
Price spread now: SunX against Bitget+0.311%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2342.340% of the position
Funding, last 7 days−0.784%−$78 on $10k
+Price spread, last 3 days (all we have)−0.356%−$36 · spread now +0.311%, 7d avg −0.113%
=The price spread pays, funding is against you. SunX is 0.424% dearer against Bitget than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of −0.113%): +$42 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.784% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.784% in total (about -40.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.19 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 | Bitget 牛来USDT | 0.1062 | 0.1338 | pay 0.0669% / 4h | 2h 14m | $1.8M | $4.6M | 10x |
| Short | SunX 牛来-USDT | 0.1065 | 0.0100 | get 0.0050% / 4h | 2h 14m | $1K | $420K | 10x |
Bitget 牛来USDT
SunX 牛来-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$259.98
- Price spread: +0.311% → −0.113%
- $42.35
- Slippage, 4 orders
- −$214.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$451.67
- Costs to cover
- 2.340%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 26 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 Bitget live order book, 3 min ago | 4.67 bp | 31.8 bp −$32 | 130.3 bp −$1,303 | doesn't fit | doesn't fit |
| Sell SunX live order book, 26 min ago | 71.39 bp | 85.5 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
牛来 on 6 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 牛来_USDT | +0.0100% | 4h | 0.1059 | −0.273% | $2.9M | $5.6M | 20x | as long as short |
| SunX 牛来-USDTshort | +0.0100% | 4h | 0.1065 | +0.311% | $1K | $420K | 10x | |
| HTX 牛来-USDT | +0.0124% | 4h | 0.1067 | +0.461% | $127K | $1.0M | 20x | as long as short |
| Binance 牛来USDT | +0.0310% | 4h | 0.1061 | −0.111% | $32.4M | $80.9M | 10x | as long as short |
| Aster 牛来USDT | +0.0398% | 4h | 0.1062 | −0.004% | $586K | $425K | 10x | as long as short |
| Bitget 牛来USDTlong | +0.1338% | 4h | 0.1062 | long leg | $1.8M | $4.6M | 10x |
Gate 牛来_USDT
HTX 牛来-USDT
Binance 牛来USDT
Aster 牛来USDT