Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.028%
Price spread now: SunX against Binance+0.066%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2732.731% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 2 days (all we have)−0.039%−$4 · spread now +0.066%, 7d avg +0.036%
=The price spread pays, funding is against you. SunX is 0.031% dearer against Binance than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.036%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.028% in total) that is about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TEAMUSDT | 196.11 | 0.0182 | pay 0.0182% / 8h | 7h 02m | $72K | $454K | 20x |
| Short | SunX TEAM-USDT | 196.24 | 0 | get 0.0000% / 8h | 7h 02m | — | $824K | 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
- −$38.21
- Price spread: +0.066% → +0.036%
- $3.07
- Slippage, 4 orders
- −$255.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$308.2
- Costs to cover
- 2.731%
- Break-even
- never at this rate
Slippage from Binance: live order book, 30 min ago; SunX: live order book, 50 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 Binance live order book, 30 min ago | 3.32 bp | 32.2 bp −$32 | 143.0 bp −$1,430 | doesn't fit | doesn't fit |
| Sell SunX live order book, 50 min ago | 71.45 bp | 92.5 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
TEAM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TEAMUSDT | 0.0000% | 8h | 195.94 | −0.087% | $45K | $166K | 25x | as long as short |
| OKX TEAM-USDT-SWAP | 0.0000% | 8h | 195.74 | −0.189% | $23K | $408K | 20x | as long as short |
| Gate TEAM_USDT | 0.0000% | 8h | 196.14 | +0.015% | $16K | $7K | 20x | as long as short |
| Bitget TEAMUSDT | 0.0000% | 8h | 196.14 | +0.015% | $53K | $120K | 20x | as long as short |
| SunX TEAM-USDTshort | 0.0000% | 8h | 196.24 | +0.066% | — | $824K | 10x | |
| HTX TEAM-USDT | 0.0000% | 8h | 196.19 | +0.041% | $6K | $329K | 20x | as long as short |
| Extended TEAM-USD | +0.0040% | 1h | 195.44 | −0.344% | — | — | 5x | as long as short |
| BloFin TEAM-USDT | +0.0177% | 8h | 196.03 | −0.041% | $13K | $10K | 20x | as long as short |
| Binance TEAMUSDTlong | +0.0182% | 8h | 196.11 | long leg | $72K | $454K | 20x |
Binance TEAMUSDT
SunX TEAM-USDT
Bybit TEAMUSDT
OKX TEAM-USDT-SWAP
Gate TEAM_USDT
Bitget TEAMUSDT
HTX TEAM-USDT
Extended TEAM-USD
BloFin TEAM-USDT