Funding you earn now, next payment 08:00 UTC+0.0314%/8h= +34.4% APRnext payment +$3.14 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against SunX−0.042%7-day average +0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 2 days (all we have)+0.111%+$11 · spread now −0.042%, 7d avg +0.021%
=Funding pays, the price is against you. Binance is 0.063% cheaper against SunX than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.021%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.162% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AMAT-USDT | 471.72 | 0.0100 | pay 0.0100% / 8h | 7h 02m | $807 | $373K | 10x |
| Short | Binance AMATUSDT | 471.52 | 0.0414 | get 0.0414% / 8h | 7h 02m | $9.0M | $12.6M | 20x |
SunX AMAT-USDT
Binance AMATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $65.99
- Price spread: −0.042% → +0.021%
- −$6.32
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $41.67
- Costs to cover
- 0.180%
- Break-even
- 2.6 days
Slippage unknown: SunX: live order book, 48 min ago; Binance: live order book, 8 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 SunX live order book, 48 min ago | 500.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.95 bp | 14.8 bp −$15 | 49.8 bp −$498 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 471.26 | −0.098% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 471.52 | −0.042% | $909K | $646K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 471.78 | +0.013% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | +0.0032% | 8h | 471.59 | −0.028% | $2.1M | $1.7M | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 471.49 | −0.049% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0086% | 1h | 471.44 | −0.059% | $2.7M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 471.10 | −0.131% | $412K | $461K | 20x | as long as short |
| SunX AMAT-USDTlong | +0.0100% | 8h | 471.72 | long leg | $807 | $373K | 10x | |
| HTX AMAT-USDT | +0.0100% | 8h | 472.81 | +0.231% | $172K | $39K | 20x | as long as short |
| GRVT AMAT_USDT_Perp | +0.0252% | 8h | 471.70 | −0.004% | $486 | $97K | 10x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Vest AMAT-USD-PERP
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
HTX AMAT-USDT
GRVT AMAT_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AMAT | +0.0292% | 1h | 471.50 | −0.047% | $19K | $131K | 10x | as long as short |
| Variational Omni AMAT | +0.0341% | 8h | 471.54 | −0.038% | $87K | $24K | — | as long as short |
| Binance AMATUSDTshort | +0.0414% | 8h | 471.52 | −0.042% | $9.0M | $12.6M | 20x | |
| BloFin AMAT-USDT | +0.0416% | 8h | 471.42 | −0.064% | $109K | $84K | 20x | as long as short |
| Extended AMAT-USD | +0.0416% | 1h | 471.42 | −0.064% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDT | +0.0482% | 8h | 471.40 | −0.068% | $1.8M | $6.5M | 50x | as long as short |
Phoenix AMAT
Variational Omni AMAT
BloFin AMAT-USDT
Extended AMAT-USD
Gate AMAT_USDT