Funding you earn now, next payment 12:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.180%
Price spread now: MEXC against SunX+0.090%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2232.230% of the position
Funding, last 7 days+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)−0.449%−$45 · spread now +0.090%, 7d avg −0.102%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.192% dearer against SunX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX M-USDT | 1.3350 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $2K | $892K | 20x |
| Short | MEXC M_USDT | 1.3362 | 0.0506 | get 0.0253% / 4h | 3h 34m | $242K | $110K | 50x |
SunX M-USDT
MEXC M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $85.26
- Price spread: +0.090% → −0.102%
- $19.2
- Slippage, 4 orders
- −$211.01
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$118.55
- Costs to cover
- 2.230%
- Break-even
- 16.7 days
Slippage from SunX: live order book, 8 min ago; MEXC: live order book, 45 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, 8 min ago | 30.60 bp | 91.5 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 0.74 bp | 28.4 bp −$28 | 48.8 bp −$488 | 134.5 bp −$13.5K | 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 MUSDT | +0.0100% | 4h | 1.3372 | +0.165% | $4.2M | $1.7M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.3339 | −0.082% | $1.8M | $897K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3362 | +0.090% | $2K | $510 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.3350 | long leg | $2K | $892K | 20x | |
| Aster MUSDT | +0.0232% | 4h | 1.3374 | +0.182% | $12K | $83K | 5x | as long as short |
| MEXC M_USDTshort | +0.0506% | 4h | 1.3362 | +0.090% | $242K | $110K | 50x | |
| Binance MUSDT | +0.0506% | 4h | 1.3356 | +0.045% | $5.3M | $3.9M | 10x | as long as short |
| BloFin M-USDT | +0.0518% | 4h | 1.3388 | +0.285% | $342K | $447K | 10x | as long as short |
| Variational Omni M | +0.0826% | 4h | 1.3412 | +0.467% | $89K | $49K | — | as long as short |
| BingX M-USDT | +0.1122% | 4h | 1.3361 | +0.082% | — | $2.4M | — | as long as short |
Bybit MUSDT
Gate M_USDT
Orderly PERP_M_USDC
Aster MUSDT
Binance MUSDT
BloFin M-USDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1178% | 4h | 1.3369 | +0.142% | $1.7M | $253K | 10x | as long as short |
| KuCoin MUSDTM | +0.1916% | 4h | 1.3214 | −1.022% | $1.3M | $3.6M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM