Funding you earn now, next payment 00:00 UTC−0.0499%/8h= −54.6% APRnext payment −$2.49 per $10,000 · paid last 24h −0.214%
Price spread now: SunX against Bitget−0.118%50s7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$910.913% of the position
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 3 days (all we have)−0.198%−$20 · spread now −0.118%, 7d avg −0.176%
=The price spread pays, funding is against you. SunX is 0.058% dearer against Bitget than usual: you sell high and buy low (spread −0.118% now, against its 7-day average of −0.176%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.453% in total) that is about 21 hours. The two prices were read 50 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 | Bitget JSTUSDT | 0.1124 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $2.0M | $545K | 75x |
| Short | SunX JST-USDT | 0.1123 | −0.0399 | pay 0.0199% / 4h | 2h 09m | $428K | $1.4M | 20x |
Bitget JSTUSDT
SunX JST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$104.71
- Price spread: −0.118% → −0.176%
- $5.78
- Slippage, 4 orders
- −$71.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$190.19
- Costs to cover
- 0.913%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; SunX: live order book, 5 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 Bitget live order book, 8 min ago | 3.12 bp | 27.9 bp −$28 | 77.0 bp −$770 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 8.73 bp | 24.0 bp −$24 | 50.9 bp −$509 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX JST-USDTshort | −0.0399% | 4h | 0.1123 | −0.118% | $428K | $1.4M | 20x | |
| BingX JST-USDT | +0.0008% | 4h | 0.1124 | 0.000% | — | $2.3M | — | as long as short |
| Bybit JSTUSDT | +0.0016% | 8h | 0.1123 | −0.080% | $1.8M | $1.4M | 75x | as long as short |
| MEXC JST_USDT | +0.0036% | 4h | 0.1124 | −0.009% | $872K | $299K | 50x | as long as short |
| Binance JSTUSDT | +0.0043% | 4h | 0.1124 | −0.015% | $6.2M | $9.5M | 75x | as long as short |
| Gate JST_USDT | +0.0100% | 4h | 0.1124 | 0.000% | $171K | $84K | 25x | as long as short |
| Bitget JSTUSDTlong | +0.0100% | 4h | 0.1124 | long leg | $2.0M | $545K | 75x | |
| Variational Omni JST | +0.0100% | 8h | 0.1123 | −0.104% | $50K | $78K | — | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1123 | −0.064% | $976K | $57K | 75x | as long as short |
BingX JST-USDT
Bybit JSTUSDT
MEXC JST_USDT
Binance JSTUSDT
Gate JST_USDT
Variational Omni JST
HTX JST-USDT