Funding you earn now, next payment 00:00 UTC−0.0427%/8h= −46.7% APRnext payment −$4.27 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance−0.047%7-day average −0.087% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 2 days (all we have)−0.085%−$9 · spread now −0.047%, 7d avg −0.087%
=The price spread pays, funding is against you. SunX is 0.040% dearer against Binance than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.087%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.018% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.27 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 | Binance COSTUSDT | 899.02 | 0.0427 | pay 0.0427% / 8h | 35m 54s | $1.1M | $967K | 20x |
| Short | SunX COST-USDT | 898.60 | 0 | get 0.0000% / 8h | 35m 54s | $1K | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$89.57
- Price spread: −0.047% → −0.087%
- $4.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$103.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; SunX: live order book, 12 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 Binance live order book, 12 min ago | 1.34 bp | 11.7 bp −$12 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 500.81 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
COST on 15 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 COSTUSDT | 0.0000% | 8h | 898.18 | −0.093% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 899.04 | +0.002% | $470K | $193K | 25x | as long as short |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.03 | +0.001% | $439K | $136K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 899.47 | +0.050% | $523K | $26K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 898.85 | −0.019% | $397K | $125K | 25x | as long as short |
| SunX COST-USDTshort | 0.0000% | 8h | 898.60 | −0.047% | $1K | $3.3M | 10x | |
| HTX COST-USDT | 0.0000% | 8h | 901.04 | +0.225% | $10K | $42K | 10x | as long as short |
| QFEX COST-USD | +0.0029% | 1h | 898.90 | −0.013% | $1.1M | $3.1M | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.783% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.31 | −0.079% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 898.25 | −0.086% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.63 | −0.043% | $1.8M | $531K | 20x | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 898.50 | −0.058% | $41K | $846K | 20x | as long as short |
| Variational Omni COST | +0.0255% | 8h | 898.90 | −0.013% | $42K | $19K | — | as long as short |
| Binance COSTUSDTlong | +0.0427% | 8h | 899.02 | long leg | $1.1M | $967K | 20x |
Binance COSTUSDT
SunX COST-USDT
Aster COSTUSDT
Bybit COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Bitget COSTUSDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
KuCoin COSTUSDTM
Variational Omni COST