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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1064%/8h= −116.5% APRnext payment $5.32 per $10,000 · paid last 24h −0.285%
Price spread now: SunX against MEXC−0.083%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1851.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.734%−$173 on $10k
Price spread, last 3 days (all we have)+0.163%+$16 · spread now −0.083%, 7d avg −0.037%
Together, before fees−1.571%−$157 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and SunX is 0.046% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BR_USDT1.11720.1164pay 0.0582% / 4h1h 49m$15.4M$7.4M100x
ShortSunX BR-USDT1.11620.0100get 0.0050% / 4h1h 49m$687K10x

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

Funding earned
−$223.44
Price spread: −0.083% → −0.037%
−$4.64
Slippage, 4 orders
−$172.6
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$412.68
Costs to cover
1.846%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 22 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 MEXC live order book, 4 min ago3.41 bp31.8 bp −$3270.3 bp −$703215.4 bp −$21.5K503.1 bp −$251.6K
Sell SunX live order book, 22 min ago44.52 bp63.4 bp −$63doesn'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%4h1.1153−0.171%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.1148−0.211%$10.8M$26.0M5xas long as short
Variational Omni BR+0.0100%4h1.1167−0.041%$266K$301Kas long as short
SunX BR-USDTshort+0.0100%4h1.1162−0.083%$687K10x
HTX BR-USDT+0.0100%4h1.1232+0.540%$86K$239K20xas long as short
KuCoin BRUSDTM+0.0336%4h1.1138−0.298%$4.9M$5.5M30xas long as short
Gate BR_USDT+0.0384%4h1.1146−0.231%$7.5M$8.6M20xas long as short
Aster BRUSDT+0.0565%4h1.1161−0.095%$731K$2.7M5xas long as short
Bitget BRUSDT+0.0752%4h1.1159−0.109%$8.2M$12.7M10xas long as short
MEXC BR_USDTlong+0.1164%4h1.1172long leg$15.4M$7.4M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1166%4h1.1157−0.127%$53.5M$164.2M25xas long as short