Funding you earn now, next payment 04:00 UTC−0.0342%/8h= −37.4% APRnext payment −$1.71 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against BloFin−0.797%55s7-day average +0.363% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.797%, 7d avg +0.363%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 1.160% cheaper against BloFin than usual: you would sell low and buy high (−$116 if the spread goes back to its 7-day average of +0.363%). 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 -0.233% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EDGE-USDT | 0.5897 | 0.0442 | pay 0.0221% / 4h | 47m 52s | $647K | $101K | 50x |
| Short | SunX EDGE-USDT | 0.5850 | 0.0100 | get 0.0050% / 4h | 47m 52s | $4K | $623K | 10x |
BloFin EDGE-USDT
SunX EDGE-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$71.77
- Price spread: −0.797% → +0.363%
- −$116.02
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$207.79
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 54 min ago; SunX: live order book, 43 min ago. Net counts fees only.
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 BloFin live order book, 54 min ago | 9.28 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 43 min ago | 501.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0405% | 1h | 0.5893 | −0.068% | $59K | $107K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5886 | −0.190% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5888 | −0.153% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5895 | −0.034% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5894 | −0.051% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5892 | −0.077% | $188K | $135K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5913 | +0.271% | $6K | $2.2M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5903 | +0.102% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.5850 | −0.797% | $4K | $623K | 10x | |
| Extended EDGE-USD | +0.0384% | 1h | 0.5901 | +0.075% | $27K | $191K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
Extended EDGE-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EDGEUSDT | +0.0386% | 4h | 0.5901 | +0.075% | $10.1M | $10.3M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0386% | 4h | 0.5900 | +0.051% | $1.1M | $885K | 50x | as long as short |
| Aster EDGEUSDT | +0.0425% | 4h | 0.5898 | +0.014% | $67K | $129K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0438% | 4h | 0.5908 | +0.187% | $3.7M | $5.7M | 20x | as long as short |
| BloFin EDGE-USDTlong | +0.0442% | 4h | 0.5897 | long leg | $647K | $101K | 50x | |
| edgeX EDGEUSDC | +0.0458% | 4h | 0.5917 | +0.347% | $14.2M | $3.6M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0557% | 4h | 0.5894 | −0.051% | $3K | — | 10x | as long as short |
Binance EDGEUSDT
MEXC EDGE_USDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC