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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: SunX against Bybit−0.947%46s7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2252.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)+1.192%+$119 · spread now −0.947%, 7d avg +0.136%
Together, before fees+1.231%+$123 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 1.083% cheaper against Bybit than usual: you would sell low and buy high, −$108 on $10k if it goes back to its 7-day average of +0.136%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BRUSDT1.10670.0100pay 0.0050% / 4h2h 44m$10.7M$25.9M5x
ShortSunX BR-USDT1.09620.0100get 0.0050% / 4h2h 44m$722K10x

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
$0
Price spread: −0.947% → +0.136%
−$108.27
Slippage, 4 orders
−$205.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$333.07
Costs to cover
2.248%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 67 min ago.

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, 4 min ago5.09 bp47.2 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 67 min ago45.45 bp73.4 bp −$73doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.1039−0.258%$6.2Mas long as short
Bybit BRUSDTlong+0.0100%4h1.1067long leg$10.7M$25.9M5x
Gate BR_USDT+0.0100%4h1.0991−0.687%$7.3M$8.6M20xas long as short
KuCoin BRUSDTM+0.0100%4h1.0973−0.848%$4.7M$5.2M30xas long as short
Variational Omni BR+0.0100%4h1.1003−0.583%$258K$289Kas long as short
SunX BR-USDTshort+0.0100%4h1.0962−0.947%$722K10x
HTX BR-USDT+0.0100%4h1.1051−0.148%$83K$246K20xas long as short
Bitget BRUSDT+0.0282%4h1.1076+0.077%$8.1M$12.4M10xas long as short
Aster BRUSDT+0.0552%4h1.1001−0.601%$654K$2.9M5xas long as short
MEXC BR_USDT+0.1168%4h1.1005−0.565%$15.1M$7.4M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1177%4h1.1084+0.149%$53.1M$162.5M25xas long as short