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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment $1.17 per $10,000 · paid last 24h −0.039%
Price spread now: SunX against Bybit+0.095%7-day average −0.010% · 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 7 days−0.505%−$51 on $10k
Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.095%, 7d avg −0.010%
Together, before fees−0.727%−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.105% dearer against Bybit than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.010%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 4USDT0.020040.0334pay 0.0167% / 4h1h 54m$2.6M$2.0M5x
ShortSunX 4-USDT0.020060.0100get 0.0050% / 4h1h 54m$2K$1.4M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$49.1
Price spread: +0.095% → −0.010%
$10.45
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$57.64
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 10 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 Bybit live order book, 2 min ago7.21 bp152.4 bp −$152doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago494.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02012+0.374%$45K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.02006+0.095%$2K$1.4M20x
Aster 4USDT+0.0298%4h0.02008+0.176%$239K$113K5xas long as short
Bybit 4USDTlong+0.0334%4h0.02004long leg$2.6M$2.0M5x
BingX 4-USDT+0.0426%4h0.02007+0.125%$1.4Mas long as short
Binance 4USDT+0.0448%4h0.02006+0.104%$7.9M$13.6M20xas long as short
MEXC 4_USDT+0.0448%4h0.02006+0.095%$1.6M$925K100xas long as short
Gate 4_USDT+0.0538%4h0.02013+0.434%$538K$310K20xas long as short
KuCoin 4USDTM+0.0722%4h0.02008+0.195%$891K$12.6M20xas long as short