Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.050%
Price spread now: SunX against Gate−0.557%7-day average +0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,687as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,781as in the Price arb table
costs, in and out, $10k−$3,70737.065% of the position
Funding, last 7 days+0.195%+$20 on $10k
+Price spread, last 4 days (all we have)+2.560%+$256 · spread now −0.557%, 7d avg +0.187%
=Funding pays, the price is against you. SunX is 0.744% cheaper against Gate than usual: you would sell low and buy high (spread −0.557% now, against its 7-day average of +0.187%). If the spread goes back, that is −$74 on $10k: about 9.9 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.195% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX500_USDT | 7,753.2 | −0.0200 | get 0.0200% / 8h | 15m 40s | $1.7M | $93K | 100x |
| Short | SunX SPX500-USDT | 7,710 | 0.0050 | get 0.0006% / 1h | 15m 40s | $2K | $2.4M | 20x |
Gate SPX500_USDT
SunX SPX500-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- $52.5
- Price spread: −0.557% → +0.187%
- −$74.43
- Slippage, 4 orders
- −$3,683.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$3,728.46
- Costs to cover
- 37.065%
- Break-even
- 504.1 days
Slippage from Gate: live order book, 2 min ago; SunX: live order book, 2 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 Gate live order book, 2 min ago | 8.92 bp | 22.1 bp −$22 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 168.61 bp | 1800.0 bp −$1,800 | doesn't fit | doesn't fit | doesn't fit |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0301% | 8h | 7,759.3 | +0.079% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDTlong | −0.0200% | 8h | 7,753.2 | long leg | $1.7M | $93K | 100x | |
| MEXC SPX500_USDT | −0.0089% | 8h | 7,763 | +0.126% | $72.2M | $46.0M | 200x | as long as short |
| SunX SPX500-USDTshort | +0.0050% | 1h | 7,710 | −0.557% | $2K | $2.4M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,753.6 | +0.005% | $502K | $235K | 30x | as long as short |
Orderly PERP_SPX500_USDC
MEXC SPX500_USDT
HTX SPX500-USDT