ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.4% APRnext payment +$1.41 per $10,000 · paid last 24h +0.034%

Price spread now: SunX against MEXC−0.080%53s7-day average +0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1591.590% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 3 days (all we have)+2.628%+$263 · spread now −0.080%, 7d avg +0.110%

Together, before fees+2.826%+$283 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.190% cheaper against MEXC than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.110%). If the spread goes back, that is −$19 on $10k: about 4.5 days of funding at the current rate (+$4 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARB_USDT	0.2255	−0.0041	get 0.0041% / 8h	3h 32m	$38.4M	$63.5M	200x
Short	SunX ARB-USDT	0.2253	0.0100	get 0.0100% / 8h	3h 32m	$2K	$1.1M	30x

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

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $29.61
Price spread: −0.080% → +0.110%: −$18.95
Slippage, 4 orders: −$151
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$148.34
Costs to cover: 1.590%
Break-even: 42.1 days

Slippage from MEXC: live order book, 2 min ago; SunX: live order book, 1 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 MEXC live order book, 2 min ago	0.22 bp	2.3 bp −$2	17.5 bp −$175	33.5 bp −$3,353	55.5 bp −$27.8K
Sell SunX live order book, 1 min ago	31.04 bp	91.3 bp −$91	doesn't fit	doesn't fit	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.0803%	1h	0.2242	−0.568%	$40K	$107K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0313%	1h	0.2253	−0.092%	$1.2M	$5.2M	50x	as long as short
Bybit ARBUSDT	−0.0302%	8h	0.2255	+0.009%	$58.5M	$134.0M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0194%	1h	0.2251	−0.151%	$37K	$18K	25x	as long as short
Variational Omni ARB	−0.0187%	8h	0.2254	−0.045%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0178%	1h	0.2250	−0.226%	$5K	$2.9M	5x	as long as short
ApeX Omni ARBUSDT	−0.0123%	1h	0.2260	+0.231%	$124K	$275K	50x	as long as short
01 Exchange ARBUSD	−0.0120%	1h	0.2255	+0.018%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0042%	8h	0.2255	+0.009%	$23.2M	$166.6M	50x	as long as short
MEXC ARB_USDTlong	−0.0041%	8h	0.2255	long leg	$38.4M	$63.5M	200x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2257	+0.095%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2257	+0.085%	$60K	—	150x	as long as short
Orderly PERP_ARB_USDC	+0.0008%	8h	0.2252	−0.124%	$10K	$385K	10x	as long as short
Binance ARBUSDT	+0.0021%	8h	0.2255	+0.016%	$64.1M	$323.3M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2253	−0.065%	$358K	$2.5M	25x	as long as short
Polymarket Perps ARB-USD	+0.0036%	1h	0.2255	+0.027%	$71K	$2.3M	10x	as long as short
Gate ARB_USDT	+0.0061%	8h	0.2255	+0.013%	$5.5M	$21.8M	60x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2252	−0.127%	$147K	$12K	3x	as long as short
BloFin ARB-USDT	+0.0093%	8h	0.2253	−0.062%	$3.0M	$3.3M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2257	+0.111%	$1.4M	$7.7M	15x	as long as short
Bitget ARBUSDT	+0.0096%	8h	0.2254	−0.035%	$21.2M	$38.9M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2258	+0.137%	$41.0M	$52.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2255	+0.031%	$709K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2257	+0.094%	$51K	$203K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2257	+0.111%	$20.8M	$17.3M	75x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2255	−0.004%	—	$53.9M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2243	−0.514%	$38K	$449K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2244	−0.478%	$482K	$4.2M	10x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2253	−0.080%	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2254	−0.022%	$276K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2256	+0.053%	$5.5M	$14.0M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0169%	1h	0.2256	+0.054%	$830K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2255	−0.011%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0312%	1h	0.2254	−0.044%	$507K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0471%	1h	0.2259	+0.191%	$1.1M	$2.9M	20x	as long as short
RISEx ARB/USDC	+0.0621%	1h	0.2258	+0.140%	$530K	$2.9M	10x	as long as short