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

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0551%/8h= −60.3% APRnext payment $2.75 per $10,000 · paid last 24h −0.069%
Price spread now: SunX against BloFin−1.158%55s7-day average −0.826% · 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−0.244%−$24 on $10k
Price spread, last 3 days (all we have)+0.315%+$32 · spread now −1.158%, 7d avg −0.826%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SunX is 0.332% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.826%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.75 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
LongBloFin BLESS-USDT0.0094150.0651pay 0.0325% / 4h4m 14s$460K$176K40x
ShortSunX BLESS-USDT0.0093060.0100get 0.0050% / 4h4m 14s$2K$692K20x

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
−$115.66
Price spread: −1.158% → −0.826%
−$33.17
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$168.83
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; SunX: live order book, 57 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, 6 min ago3.20 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 57 min ago500.67 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%4h0.007339−22.054%$228K$3K10xas long as short
Bybit BLESSUSDT+0.0100%4h0.009379−0.382%$2.6M$538K13xas long as short
Variational Omni BLESS+0.0100%4h0.009374−0.433%$9K$2Kas long as short
SunX BLESS-USDTshort+0.0100%4h0.009306−1.158%$2K$692K20x
KuCoin BLESSUSDTM+0.0188%4h0.009388−0.287%$2.3M$197K40xas long as short
Bitget BLESSUSDT+0.0232%4h0.009400−0.159%$2.8M$731K10xas long as short
Gate BLESS_USDT+0.0578%4h0.009385−0.319%$892K$771K20xas long as short
BingX BLESS-USDT+0.0638%4h0.009389−0.276%$6.7Mas long as short
BloFin BLESS-USDTlong+0.0651%4h0.009415long leg$460K$176K40x
MEXC BLESS_USDT+0.0694%4h0.009399−0.170%$7.3M$648K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BLESSUSDT+0.0703%4h0.009397−0.191%$4.6M$3.5M40xas long as short
Aster BLESSUSDT+0.0953%4h0.009389−0.281%$51K$57K5xas long as short