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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.091%
Price spread now: Binance against SunX+0.015%7-day average +0.172% · 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+0.614%+$61 on $10k
Price spread, last 3 days (all we have)+0.118%+$12 · spread now +0.015%, 7d avg +0.172%
Together, before fees+0.732%+$73 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.157% cheaper against SunX than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.172%). If the spread goes back, that is −$16 on $10k: about 3.7 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.614% in total) that is about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.022410.0100pay 0.0050% / 4h2h 24m$2K$960K20x
ShortBinance 4USDT0.022410.0241get 0.0120% / 4h2h 24m$8.7M$10.3M20x

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

Profit calculator

Funding earned
$29.61
Price spread: +0.015% → +0.172%
−$15.69
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4.09
Costs to cover
0.180%
Break-even
8.0 days
Slippage unknown: SunX: live order book, 58 min ago; Binance: live order book, 15 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, 58 min ago501.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.67 bp28.5 bp −$29135.6 bp −$1,356doesn'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
Bybit 4USDT+0.0100%4h0.02239−0.089%$3.0M$1.6M5xas long as short
Variational Omni 4+0.0100%4h0.02241+0.017%$54K$9Kas long as short
SunX 4-USDTlong+0.0100%4h0.02241long leg$2K$960K20x
MEXC 4_USDT+0.0238%4h0.022410.000%$2.1M$808K100xas long as short
BingX 4-USDT+0.0238%4h0.02244+0.147%$1.3Mas long as short
Binance 4USDTshort+0.0241%4h0.02241+0.015%$8.7M$10.3M20x
Gate 4_USDT+0.0280%4h0.02235−0.250%$610K$230K20xas long as short
Aster 4USDT+0.0363%4h0.02240−0.034%$255K$92K5xas long as short
KuCoin 4USDTM+0.0454%4h0.02240−0.045%$931K$13.2M20xas long as short