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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.80 per $10,000 · paid last 24h −0.111%
Price spread now: SunX against MEXC−0.049%7-day average −0.156% · you buy dearer than you sell
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−0.646%−$65 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.049%, 7d avg −0.156%
Together, before fees−0.713%−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.107% dearer against MEXC than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.156%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.020240.0260pay 0.0130% / 4h14m 53s$1.5M$921K100x
ShortSunX 4-USDT0.020230.0100get 0.0050% / 4h14m 53s$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
−$33.6
Price spread: −0.049% → −0.156%
$10.67
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$34.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; SunX: live order book, 9 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 MEXC live order book, 2 min ago2.47 bp14.2 bp −$14102.5 bp −$1,025258.6 bp −$25.9Kdoesn't fit
Sell SunX live order book, 9 min ago503.45 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%4h0.02021−0.161%$46K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.02023−0.049%$2K$1.3M20x
Bybit 4USDT+0.0202%4h0.02021−0.143%$2.6M$2.0M5xas long as short
MEXC 4_USDTlong+0.0260%4h0.02024long leg$1.5M$921K100x
Binance 4USDT+0.0261%4h0.02023−0.025%$7.9M$13.0M20xas long as short
BingX 4-USDT+0.0264%4h0.02025+0.040%$1.4Mas long as short
Aster 4USDT+0.0323%4h0.02024−0.023%$241K$111K5xas long as short
Gate 4_USDT+0.0418%4h0.02024−0.015%$541K$291K20xas long as short
KuCoin 4USDTM+0.0786%4h0.02022−0.099%$866K$12.5M20xas long as short