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

APR

all APR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.008%
Price spread now: SunX against BloFin+0.345%55s7-day average +0.075% · you sell dearer than you buy
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−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.305%−$30 · spread now +0.345%, 7d avg +0.075%
Together, before fees−0.372%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.270% dearer against BloFin than usual: you sell high and buy low (spread +0.345% now, against its 7-day average of +0.075%): +$27 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.068% in total) that is about 28 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APR-USDT0.14800.0110pay 0.0055% / 4h2h 35m$289K$110K50x
ShortSunX APR-USDT0.14850.0100get 0.0050% / 4h2h 35m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$2.11
Price spread: +0.345% → +0.075%
$26.96
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$4.85
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: BloFin: live order book, 54 min ago; SunX: live order book, 7 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 BloFin live order book, 54 min ago3.40 bp24.8 bp −$25116.6 bp −$1,166doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago23.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

APR on 12 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
Binance APRUSDT+0.0100%4h0.1484+0.270%$6.8M$5.1M50xas long as short
MEXC APR_USDT+0.0100%4h0.1485+0.338%$372K$175K50xas long as short
SunX APR-USDTshort+0.0100%4h0.1485+0.345%$2K$1.1M20x
HTX APR-USDT+0.0100%4h0.1491+0.743%$19K$44K20xas long as short
BloFin APR-USDTlong+0.0110%4h0.1480long leg$289K$110K50x
Bybit APRUSDT+0.0157%4h0.1485+0.338%$1.5M$631K20xas long as short
Bitget APRUSDT+0.0190%4h0.1484+0.304%$4.0M$1.0M50xas long as short
BingX APR-USDT+0.0418%4h0.1483+0.203%$1.4Mas long as short
OKX APR-USDT-SWAP+0.0427%4h0.1483+0.203%$1.3M$2.5M20xas long as short
Aster APRUSDT+0.0788%4h0.1480+0.015%$72K$80K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APRUSDTM+0.0866%4h0.1482+0.122%$2.4M$343K50xas long as short
Gate APR_USDT+0.1084%4h0.1482+0.128%$701K$204K25xas long as short