Settings8H · net · $10k
Funding arb · Price arb /

COST

RWAall COST markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COSTUSDT899.020.0427pay 0.0427% / 8h35m 54s$1.1M$967K20x
ShortSunX COST-USDT898.600get 0.0000% / 8h35m 54s$1K$3.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.34 bp11.7 bp −$1247.0 bp −$470doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago500.81 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.18−0.093%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.04+0.002%$470K$193K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.03+0.001%$439K$136K10xas long as short
Gate COST_USDT0.0000%8h899.47+0.050%$523K$26K25xas long as short
Bitget COSTUSDT0.0000%8h898.85−0.019%$397K$125K25xas long as short
SunX COST-USDTshort0.0000%8h898.60−0.047%$1K$3.3M10x
HTX COST-USDT0.0000%8h901.04+0.225%$10K$42K10xas long as short
QFEX COST-USD+0.0029%1h898.90−0.013%$1.1M$3.1M10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.783%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.31−0.079%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.25−0.086%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.63−0.043%$1.8M$531K20xas long as short
KuCoin COSTUSDTM+0.0100%8h898.50−0.058%$41K$846K20xas long as short
Variational Omni COST+0.0255%8h898.90−0.013%$42K$19Kas long as short
Binance COSTUSDTlong+0.0427%8h899.02long leg$1.1M$967K20x