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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.081%
Price spread now: SunX against KuCoin+0.321%54s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2472.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.321%, 7d avg +0.081%
Together, before fees−0.278%−$28 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 0.240% dearer against KuCoin than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.081%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRUSDTM1.15040.0100pay 0.0050% / 4h3h 18m$5.0M$4.9M30x
ShortSunX BR-USDT1.15410.0100get 0.0050% / 4h3h 18m$711K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: +0.321% → +0.081%
$24.02
Slippage, 4 orders
−$226.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$222.6
Costs to cover
2.466%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 63 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 KuCoin live order book, 4 min ago3.04 bp65.5 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 63 min ago45.24 bp64.1 bp −$64doesn'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%4h1.1523+0.168%$5.8Mas long as short
Bybit BRUSDT+0.0100%4h1.1517+0.118%$11.0M$22.4M5xas long as short
Gate BR_USDT+0.0100%4h1.1502−0.018%$7.7M$8.2M20xas long as short
KuCoin BRUSDTMlong+0.0100%4h1.1504long leg$5.0M$4.9M30x
Bitget BRUSDT+0.0100%4h1.1511+0.066%$8.4M$10.5M10xas long as short
Variational Omni BR+0.0100%4h1.1354−1.303%$266K$243Kas long as short
SunX BR-USDTshort+0.0100%4h1.1541+0.321%$711K10x
HTX BR-USDT+0.0100%4h1.1631+1.105%$88K$234K20xas long as short
Aster BRUSDT+0.0381%4h1.1523+0.167%$671K$2.4M5xas long as short
MEXC BR_USDT+0.0740%4h1.1533+0.255%$15.7M$6.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.0750%4h1.1525+0.187%$55.0M$136.0M25xas long as short