Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.119%
Price spread now: Binance against SunX−0.274%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−0.496%−$50 · spread now −0.274%, 7d avg −0.006%
=Funding pays, the price is against you. Binance is 0.268% cheaper against SunX than usual: you would sell low and buy high (spread −0.274% now, against its 7-day average of −0.006%). If the spread goes back, that is −$27 on $10k: about 11 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 牛来-USDT | 0.1044 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $1K | $419K | 10x |
| Short | Binance 牛来USDT | 0.1041 | 0.0183 | get 0.0091% / 4h | 1h 22m | $31.8M | $80.2M | 10x |
SunX 牛来-USDT
Binance 牛来USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $17.36
- Price spread: −0.274% → −0.006%
- −$26.81
- Slippage, 4 orders
- −$89.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.85
- Costs to cover
- 1.074%
- Break-even
- 54.1 days
Slippage from SunX: live order book, 8 min ago; Binance: live order book, 5 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, 8 min ago | 19.96 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.48 bp | 17.7 bp −$18 | 56.4 bp −$564 | 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 | 0.1039 | −0.489% | $2.8M | $5.6M | 20x | as long as short |
| SunX 牛来-USDTlong | +0.0100% | 4h | 0.1044 | long leg | $1K | $419K | 10x | |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1044 | +0.019% | $124K | $979K | 20x | as long as short |
| Binance 牛来USDTshort | +0.0183% | 4h | 0.1041 | −0.274% | $31.8M | $80.2M | 10x | |
| Aster 牛来USDT | +0.0462% | 4h | 0.1041 | −0.287% | $575K | $441K | 10x | as long as short |
| Bitget 牛来USDT | +0.1124% | 4h | 0.1043 | −0.077% | $1.8M | $4.7M | 10x | as long as short |
Gate 牛来_USDT
HTX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT