Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h −0.092%
Price spread now: SunX against MEXC+2.309%7-day average +2.402% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.549%−$55 on $10k
+Price spread, last 4 days (all we have)−0.530%−$53 · spread now +2.309%, 7d avg +2.402%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.093% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +2.402%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1559 | 0.0342 | pay 0.0171% / 4h | 1h 45m | $529K | $168K | 20x |
| Short | SunX RED-USDT | 0.1595 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1K | $821K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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
- −$50.82
- Price spread: +2.309% → +2.402%
- −$9.29
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$72.11
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 54 min ago; SunX: live order book, 16 min ago. Net counts fees only.
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 MEXC live order book, 54 min ago | 3.24 bp | 10.3 bp −$10 | 48.7 bp −$487 | 216.6 bp −$21.7K | 428.8 bp −$214.4K |
| Sell SunX live order book, 16 min ago | 244.21 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0049% | 4h | 0.1560 | +0.077% | $220K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1560 | +0.052% | $28K | $37K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1560 | +0.052% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1561 | +0.141% | $1.9M | $2.0M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1560 | +0.064% | $357K | $93K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1561 | +0.128% | $748K | $299K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1561 | +0.146% | $26K | $3K | — | as long as short |
| SunX RED-USDTshort | +0.0100% | 4h | 0.1595 | +2.309% | $1K | $821K | 20x | |
| Extended RED-USD | +0.0104% | 1h | 0.1559 | +0.027% | $31 | — | 5x | as long as short |
| MEXC RED_USDTlong | +0.0342% | 4h | 0.1559 | long leg | $529K | $168K | 20x |
MEXC RED_USDT
SunX RED-USDT
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
Extended RED-USD