BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against SunX+0.036%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$268as in the Price arb table

costs, in and out, $10k−$2722.720% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.036%, 7d avg −0.001%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.037% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BE-USDT	275.87	0	get 0.0000% / 8h	5h 07m	$1K	$2.4M	10x
Short	Binance BEUSDT	275.97	0.0067	get 0.0067% / 8h	5h 07m	$8.5M	$36.2M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee BinancebpOrdersPrice spread, now +0.036%Rate

Funding earned: $14.09
Price spread: +0.036% → −0.001%: $3.71
Slippage, 4 orders: −$254.03
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$254.24
Costs to cover: 2.720%
Break-even: 133.3 days

Slippage from SunX: live order book, 10 min ago; Binance: live order book, 5 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, 10 min ago	45.65 bp	125.7 bp −$126	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.73 bp	8.0 bp −$8	27.7 bp −$277	88.6 bp −$8,858	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	275.61	−0.093%	$347K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	275.60	−0.098%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.85	−0.007%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.77	−0.038%	$7K	$164K	10x	as long as short
SunX BE-USDTlong	0.0000%	8h	275.87	long leg	$1K	$2.4M	10x
HTX BE-USDT	0.0000%	8h	275.88	+0.004%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	275.84	−0.011%	$1.3M	$2.8M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−1.011%	$473K	$129K	10x	as long as short
Lighter BE	+0.0032%	1h	275.63	−0.087%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.80	−0.025%	$252K	$289K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BE-USD	+0.0040%	1h	275.54	−0.120%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.82	−0.018%	—	—	10x	as long as short
Bybit BEUSDT	+0.0048%	8h	275.97	+0.036%	$2.0M	$1.2M	25x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.73	−0.051%	$5.9M	$2.7M	10x	as long as short
Extended BE-USD	+0.0064%	1h	275.88	+0.004%	$46K	$264K	10x	as long as short
Binance BEUSDTshort	+0.0067%	8h	275.97	+0.036%	$8.5M	$36.2M	25x
KuCoin BEUSDTM	+0.0100%	8h	275.74	−0.047%	$372K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.88	+0.004%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0126%	8h	276.00	+0.047%	$2.6M	$6.8M	25x	as long as short
BloFin BE-USDT	+0.0187%	8h	275.89	+0.007%	$1K	$142K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0729%	1h	275.94	+0.025%	$7K	$4K	10x	as long as short