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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against SunX−0.015%7-day average +0.085% · 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+0.045%+$5 on $10k
Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.015%, 7d avg +0.085%
Together, before fees+0.175%+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.100% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BASED-USDT0.067520.0100pay 0.0050% / 4h1h 56m$975$797K20x
ShortBloFin BASED-USDT0.067510.0086get 0.0043% / 4h1h 56m$252K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$2.85
Price spread: −0.015% → +0.085%
−$10.01
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.86
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 15 min ago; BloFin: live order book, 19 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 SunX live order book, 15 min ago501.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 19 min ago0.74 bp16.4 bp −$1660.2 bp −$602doesn't fitdoesn't fit

BASED 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
BloFin BASED-USDTshort+0.0086%4h0.06751−0.015%$252K$37K25x
Binance BASEDUSDT+0.0100%4h0.06760+0.126%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06745−0.104%$2.1M$579K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06754+0.030%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06750−0.030%$537K$518K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06759+0.104%$4.8M$644K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06749−0.044%$563K$110K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06756+0.059%$1.3M$361K25xas long as short
BingX BASED-USDT+0.0100%4h0.06748−0.059%$1.6Mas long as short
Variational Omni BASED+0.0100%4h0.06742−0.152%$92K$22Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06720−0.473%$92K$359K10xas long as short
SunX BASED-USDTlong+0.0100%4h0.06752long leg$975$797K20x
Extended BASED-USD+0.0104%1h0.06756+0.060%$5K$226K5xas long as short
Aster BASEDUSDT+0.0114%4h0.06751−0.009%$28K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0326%4h0.06754+0.030%$3K$65210xas long as short