Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.021%
Price spread now: KuCoin against SunX+0.205%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1891.893% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.205%, 7d avg +0.172%
=The price spread pays, funding is against you. KuCoin is 0.033% dearer against SunX than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.172%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WIF-USDT | 0.2439 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $2K | $2.8M | 50x |
| Short | KuCoin WIFUSDTM | 0.2444 | 0.0006 | get 0.0003% / 4h | 3h 52m | $4.3M | $11.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$19.74
- Price spread: +0.205% → +0.172%
- $3.31
- Slippage, 4 orders
- −$169.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.71
- Costs to cover
- 1.893%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago | 32.69 bp | 89.6 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.05 bp | 17.5 bp −$18 | 53.5 bp −$535 | doesn't fit | doesn't fit |
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0645% | 1h | 0.2446 | +0.271% | $75K | $250K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0159% | 1h | 0.2446 | +0.287% | $48K | $289K | 25x | as long as short |
| Gate WIF_USDT | −0.0128% | 4h | 0.2447 | +0.328% | $1.2M | $7.0M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2447 | +0.312% | $18K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2446 | +0.268% | $16K | — | 150x | as long as short |
| KuCoin WIFUSDTMshort | +0.0006% | 4h | 0.2444 | +0.205% | $4.3M | $11.9M | 75x | |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.804% | $10K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0040% | 1h | 0.2448 | +0.362% | $634K | $2.2M | 50x | as long as short |
| ApeX Omni WIFUSDT | +0.0048% | 1h | 0.2452 | +0.533% | $43K | $631K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0094% | 4h | 0.2445 | +0.246% | $5K | $1.3M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WIF | +0.0096% | 1h | 0.2447 | +0.312% | $144K | $576K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2444 | +0.205% | $54K | $484K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2448 | +0.360% | $24K | $257K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2446 | +0.268% | $76K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2447 | +0.328% | $18.4M | $104.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2447 | +0.308% | $16.9M | $36.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2446 | +0.287% | $6.0M | $32.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2447 | +0.328% | $22.1M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2448 | +0.369% | $7.5M | $11.8M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2445 | +0.246% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2451 | +0.499% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2450 | +0.451% | $279K | $1.9M | 10x | as long as short |
| SunX WIF-USDTlong | +0.0100% | 4h | 0.2439 | long leg | $2K | $2.8M | 50x | |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2446 | +0.279% | $559 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2441 | +0.082% | $168K | $746K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2444 | +0.224% | $11K | $154K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2447 | +0.314% | $82K | $85 | 3x | as long as short |
| Hyperliquid WIF | +0.0112% | 1h | 0.2453 | +0.562% | $7.7M | $4.1M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2445 | +0.260% | $6K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2450 | +0.451% | $326K | $2.4M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2447 | +0.328% | $990K | $738K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2443 | +0.169% | $0 | — | 15x | as long as short |
SunX WIF-USDT
KuCoin WIFUSDTM
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
Gate WIF_USDT
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
ApeX Omni WIFUSDT
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Hyperliquid WIF
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT