Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX−0.138%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2242.237% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.138%, 7d avg −0.162%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX M-USDT | 1.4495 | 0.0100 | pay 0.0050% / 4h | 0m 59s | $2K | $639K | 20x |
| Short | Bybit MUSDT | 1.4475 | 0.0100 | get 0.0050% / 4h | 0m 59s | $4.6M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $0
- Price spread: −0.138% → −0.162%
- $2.45
- Slippage, 4 orders
- −$204.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$221.25
- Costs to cover
- 2.237%
- Break-even
- never at this rate
Slippage from SunX: live order book, 60 min ago; Bybit: live order book, 7 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 SunX live order book, 60 min ago | 30.88 bp | 105.7 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 3.80 bp | 34.3 bp −$34 | 241.7 bp −$2,417 | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDTshort | +0.0100% | 4h | 1.4475 | −0.138% | $4.6M | $2.4M | 20x | |
| Gate M_USDT | +0.0100% | 8h | 1.4449 | −0.317% | $1.9M | $958K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4449 | −0.317% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4481 | −0.097% | $2K | $596 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.4495 | long leg | $2K | $639K | 20x | |
| Bitget MUSDT | +0.0112% | 4h | 1.4487 | −0.055% | $1.9M | $355K | 10x | as long as short |
| Aster MUSDT | +0.1095% | 4h | 1.4479 | −0.109% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1418% | 4h | 1.4480 | −0.103% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1504% | 4h | 1.4482 | −0.090% | $243K | $113K | 50x | as long as short |
| Binance MUSDT | +0.1513% | 4h | 1.4480 | −0.103% | $5.5M | $4.8M | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1520% | 4h | 1.4485 | −0.069% | $350K | $432K | 10x | as long as short |
| KuCoin MUSDTM | +0.1942% | 4h | 1.4371 | −0.858% | $1.4M | $4.3M | 10x | as long as short |
SunX M-USDT
Bybit MUSDT
Gate M_USDT
Variational Omni M
Bitget MUSDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDT
BloFin M-USDT
KuCoin MUSDTM