Funding you earn now, next payment 23:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.034%
Price spread now: Gate against SunX+0.507%7-day average −0.265% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,618as in the Price arb table
costs, in and out, $10k−$3,69536.955% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 3 days (all we have)−2.953%−$295 · spread now +0.507%, 7d avg −0.265%
=The price spread pays, funding is against you. Gate is 0.772% dearer against SunX than usual: you sell high and buy low (spread +0.507% now, against its 7-day average of −0.265%): +$77 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.178% in total) that is about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPX500-USDT | 7,710.5 | 0.0050 | pay 0.0006% / 1h | 18m 59s | $2K | $2.7M | 20x |
| Short | Gate SPX500_USDT | 7,749.6 | −0.0200 | pay 0.0200% / 8h | 1h 18m | $1.7M | $136K | 100x |
SunX SPX500-USDT
Gate SPX500_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$52.5
- Price spread: +0.507% → −0.265%
- $77.2
- Slippage, 4 orders
- −$3,672.49
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$3,670.79
- Costs to cover
- 36.955%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Gate: live order book, 4 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 | 168.61 bp | 1835.7 bp −$1,836 | 2066.6 bp −$20.7K | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.59 bp | 42.7 bp −$43 | 79.8 bp −$798 | 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 | −0.0208% | 8h | 7,762.5 | +0.675% | $361K | $136K | 20x | as long as short |
| Gate SPX500_USDTshort | −0.0200% | 8h | 7,749.6 | +0.507% | $1.7M | $136K | 100x | |
| MEXC SPX500_USDT | −0.0083% | 8h | 7,766.1 | +0.721% | $69.8M | $49.8M | 200x | as long as short |
| SunX SPX500-USDTlong | +0.0050% | 1h | 7,710.5 | long leg | $2K | $2.7M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,756.4 | +0.595% | $501K | $220K | 30x | as long as short |
Orderly PERP_SPX500_USDC
MEXC SPX500_USDT
HTX SPX500-USDT