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

BLESS

all BLESS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0626%/8h= −68.6% APRnext payment $3.13 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against Binance−0.739%7-day average −0.760% · 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−0.266%−$27 on $10k
Price spread, last 3 days (all we have)+0.213%+$21 · spread now −0.739%, 7d avg −0.760%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.021% dearer against Binance than usual: you sell high and buy low (spread −0.739% now, against its 7-day average of −0.760%): +$2 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.266% in total) that is about 13 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BLESSUSDT0.0094010.0726pay 0.0363% / 4h3h 18m$4.6M$3.5M40x
ShortSunX BLESS-USDT0.0093320.0100get 0.0050% / 4h3h 18m$2K$703K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$131.47
Price spread: −0.739% → −0.760%
$2.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$147.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; SunX: live order book, 32 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 Binance live order book, 3 min ago2.66 bp27.9 bp −$28284.8 bp −$2,848doesn't fitdoesn't fit
Sell SunX live order book, 32 min ago500.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BLESS 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
GRVT BLESS_USDT_Perp0.0000%4h0.007339−21.940%$228K$3K10xas long as short
Bybit BLESSUSDT+0.0100%4h0.009387−0.154%$2.6M$529K13xas long as short
Variational Omni BLESS+0.0100%4h0.009380−0.223%$9K$1Kas long as short
SunX BLESS-USDTshort+0.0100%4h0.009332−0.739%$2K$703K20x
KuCoin BLESSUSDTM+0.0146%4h0.009374−0.292%$2.4M$204K40xas long as short
Gate BLESS_USDT+0.0244%4h0.009387−0.154%$891K$761K20xas long as short
Bitget BLESSUSDT+0.0334%4h0.009395−0.069%$2.8M$715K10xas long as short
BloFin BLESS-USDT+0.0687%4h0.009419+0.187%$464K$180K40xas long as short
BingX BLESS-USDT+0.0692%4h0.009400−0.016%$6.7Mas long as short
MEXC BLESS_USDT+0.0726%4h0.009402+0.006%$7.4M$649K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BLESSUSDTlong+0.0726%4h0.009401long leg$4.6M$3.5M40x
Aster BLESSUSDT+0.0915%4h0.009400−0.016%$51K$56K5xas long as short