Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.169%
Price spread now: SunX against Binance−0.091%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days−0.512%−$51 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.091%, 7d avg −0.144%
=The price spread pays, funding is against you. SunX is 0.053% dearer against Binance than usual: you sell high and buy low (spread −0.091% now, against its 7-day average of −0.144%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.512% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JSTUSDT | 0.1137 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $6.6M | $8.8M | 75x |
| Short | SunX JST-USDT | 0.1136 | 0.0062 | get 0.0031% / 4h | 3h 30m | $433K | $1.3M | 20x |
Binance JSTUSDT
SunX JST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8
- Price spread: −0.091% → −0.144%
- $5.26
- Slippage, 4 orders
- −$55.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$76.36
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; SunX: live order book, 4 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 Binance live order book, 9 min ago | 1.32 bp | 20.0 bp −$20 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 8.74 bp | 20.8 bp −$21 | 30.9 bp −$309 | doesn't fit | doesn't fit |
JST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate JST_USDT | −0.0342% | 4h | 0.1138 | +0.107% | $170K | $63K | 25x | as long as short |
| BingX JST-USDT | +0.0036% | 4h | 0.1138 | +0.080% | — | $2.3M | — | as long as short |
| SunX JST-USDTshort | +0.0062% | 4h | 0.1136 | −0.091% | $433K | $1.3M | 20x | |
| Binance JSTUSDTlong | +0.0100% | 4h | 0.1137 | long leg | $6.6M | $8.8M | 75x | |
| Bybit JSTUSDT | +0.0100% | 8h | 0.1137 | +0.034% | $1.8M | $1.1M | 75x | as long as short |
| MEXC JST_USDT | +0.0100% | 4h | 0.1137 | +0.019% | $878K | $257K | 50x | as long as short |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1138 | +0.071% | $2.0M | $536K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1138 | +0.069% | $51K | $77K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1137 | +0.031% | $988K | $63K | 75x | as long as short |
Gate JST_USDT
BingX JST-USDT
Bybit JSTUSDT
MEXC JST_USDT
Bitget JSTUSDT
Variational Omni JST
HTX JST-USDT