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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0360%/8h= +39.4% APRnext payment +$1.80 per $10,000 · paid last 24h +0.109%
Price spread now: MEXC against SunX0.000%7-day average +0.152% · 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+0.667%+$67 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now 0.000%, 7d avg +0.152%
Together, before fees+0.500%+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.152% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.152%). If the spread goes back, that is −$15 on $10k: about 34 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020260.0100pay 0.0050% / 4h2h 59m$2K$1.5M20x
ShortMEXC 4_USDT0.020260.0460get 0.0230% / 4h2h 59m$1.9M$969K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$75.6
Price spread: 0.000% → +0.152%
−$15.16
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
$48.44
Costs to cover
0.120%
Break-even
2.5 days
Slippage unknown: SunX: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago492.94 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago4.94 bp16.7 bp −$17108.0 bp −$1,080277.3 bp −$27.7Kdoesn'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%4h0.02020−0.286%$2.7M$2.1M5xas long as short
Variational Omni 4+0.0100%4h0.02020−0.285%$49K$12Kas long as short
SunX 4-USDTlong+0.0100%4h0.02026long leg$2K$1.5M20x
KuCoin 4USDTM+0.0182%4h0.02025−0.049%$891K$12.1M20xas long as short
Aster 4USDT+0.0378%4h0.02023−0.133%$238K$118K5xas long as short
BingX 4-USDT+0.0434%4h0.02031+0.227%$1.4Mas long as short
MEXC 4_USDTshort+0.0460%4h0.020260.000%$1.9M$969K100x
Binance 4USDT+0.0460%4h0.02025−0.044%$8.0M$14.3M20xas long as short
Gate 4_USDT+0.0748%4h0.02027+0.030%$555K$302K20xas long as short