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

M

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0147%/8h= −16.1% APRnext payment $0.73 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit+0.262%7-day average +0.151% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.262%, 7d avg +0.151%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.111% dearer against Bybit than usual: you sell high and buy low (spread +0.262% now, against its 7-day average of +0.151%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUSDT1.33740.0247pay 0.0123% / 4h2h 17m$4.2M$1.6M20x
ShortSunX M-USDT1.34090.0100get 0.0050% / 4h2h 17m$2K$915K20x

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
−$30.82
Price spread: +0.262% → +0.151%
$11.06
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$38.76
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; SunX: live order book, 28 min ago. Net counts fees only.

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 ago2.99 bp43.9 bp −$44467.3 bp −$4,673doesn't fitdoesn't fit
Sell SunX live order book, 28 min ago31.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

M on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate M_USDT+0.0100%8h1.3372−0.015%$1.8M$904K10xas long as short
Orderly PERP_M_USDC+0.0100%4h1.3358−0.120%$2K$51010xas long as short
SunX M-USDTshort+0.0100%4h1.3409+0.262%$2K$915K20x
Aster MUSDT+0.0127%4h1.3373−0.006%$12K$49K5xas long as short
Bybit MUSDTlong+0.0247%4h1.3374long leg$4.2M$1.6M20x
BloFin M-USDT+0.0304%4h1.3389+0.112%$343K$449K10xas long as short
Binance MUSDT+0.0359%4h1.3368−0.045%$5.3M$3.8M10xas long as short
MEXC M_USDT+0.0360%4h1.3370−0.030%$245K$115K50xas long as short
BingX M-USDT+0.0888%4h1.3361−0.097%$2.4Mas long as short
Bitget MUSDT+0.0932%4h1.3371−0.022%$1.7M$251K10xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni M+0.0988%4h1.3378+0.028%$89K$19Kas long as short
KuCoin MUSDTM+0.1700%4h1.3225−1.111%$1.3M$3.5M10xas long as short