NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin+0.115%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6,757as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6,753as in the Price arb table

costs, in and out, $10k−$6,75067.505% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.115%, 7d avg +0.142%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.142%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOWUSDTM	138.76	0.0100	pay 0.0100% / 8h	2h 08m	$319K	$630K	20x
Short	SunX NOW-USDT	138.92	0	get 0.0000% / 8h	2h 08m	$1K	$355K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$21
Price spread: +0.115% → +0.142%: −$2.65
Slippage, 4 orders: −$6,730.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$6,774.12
Costs to cover: 67.505%
Break-even: never at this rate

Slippage from KuCoin: live order book, 51 min ago; SunX: live order book, 63 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 KuCoin live order book, 51 min ago	9.40 bp	6463.9 bp −$6,464	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 63 min ago	45.94 bp	65.0 bp −$65	doesn't fit	doesn't fit	doesn't fit

NOW 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
OKX NOW-USDT-SWAP	0.0000%	8h	138.85	+0.065%	$495K	$232K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.81	+0.036%	$1.1M	$1.4M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.91	+0.108%	$253K	$350K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	138.71	−0.036%	$769K	$254K	20x	as long as short
SunX NOW-USDTshort	0.0000%	8h	138.92	+0.115%	$1K	$355K	10x
HTX NOW-USDT	0.0000%	8h	138.98	+0.159%	$5K	$35K	20x	as long as short
Lighter NOW	+0.0032%	1h	138.81	+0.036%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.749%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.85	+0.065%	—	—	25x	as long as short
Aster NOWUSDT	+0.0050%	8h	139.27	+0.367%	$41K	$995	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTMlong	+0.0100%	8h	138.76	long leg	$319K	$630K	20x
BloFin NOW-USDT	+0.0202%	8h	138.89	+0.094%	$46K	$18K	20x	as long as short
Binance NOWUSDT	+0.0208%	8h	138.93	+0.123%	$1.8M	$1.5M	20x	as long as short
tradeXYZ xyz:NOW	+0.0239%	1h	138.84	+0.058%	$2.1M	$227K	10x	as long as short
Bybit NOWUSDT	+0.0240%	8h	138.93	+0.123%	$1.6M	$1.7M	25x	as long as short
GRVT NOW_USDT_Perp	+0.0321%	8h	138.93	+0.123%	$604	$144K	10x	as long as short