Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.1% APRnext payment +$1.37 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against SunX+0.015%46s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
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)−0.044%−$4 · spread now +0.015%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.049% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.034%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TEAM-USDT | 195.52 | 0 | get 0.0000% / 8h | 6h 42m | — | $826K | 10x |
| Short | Binance TEAMUSDT | 195.55 | 0.0137 | get 0.0137% / 8h | 6h 42m | $72K | $455K | 20x |
SunX TEAM-USDT
Binance TEAMUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.87
- Price spread: +0.015% → −0.034%
- $4.93
- Slippage, 4 orders
- −$255.06
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$239.26
- Costs to cover
- 2.731%
- Break-even
- 65.0 days
Slippage from SunX: live order book, 69 min ago; Binance: live order book, 49 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, 69 min ago | 71.45 bp | 119.2 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 49 min ago | 3.32 bp | 29.2 bp −$29 | 130.8 bp −$1,308 | 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 | 195.47 | −0.026% | $45K | $160K | 25x | as long as short |
| OKX TEAM-USDT-SWAP | 0.0000% | 8h | 195.34 | −0.092% | $23K | $410K | 20x | as long as short |
| Gate TEAM_USDT | 0.0000% | 8h | 195.62 | +0.051% | $17K | $8K | 20x | as long as short |
| Bitget TEAMUSDT | 0.0000% | 8h | 195.56 | +0.020% | $54K | $111K | 20x | as long as short |
| SunX TEAM-USDTlong | 0.0000% | 8h | 195.52 | long leg | — | $826K | 10x | |
| HTX TEAM-USDT | 0.0000% | 8h | 195.17 | −0.179% | $6K | $329K | 20x | as long as short |
| Extended TEAM-USD | +0.0040% | 1h | 195.44 | −0.043% | — | — | 5x | as long as short |
| Binance TEAMUSDTshort | +0.0137% | 8h | 195.55 | +0.015% | $72K | $455K | 20x | |
| BloFin TEAM-USDT | +0.0172% | 8h | 195.49 | −0.015% | $13K | $10K | 20x | as long as short |
Bybit TEAMUSDT
OKX TEAM-USDT-SWAP
Gate TEAM_USDT
Bitget TEAMUSDT
HTX TEAM-USDT
Extended TEAM-USD
BloFin TEAM-USDT