Funding you earn now, next payment 00:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.008%
Price spread now: SunX against BloFin+0.016%55s7-day average +0.208% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 3 days (all we have)+0.571%+$57 · spread now +0.016%, 7d avg +0.208%
=Funding pays, the price is against you. SunX is 0.192% cheaper against BloFin than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.208%). If the spread goes back, that is −$19 on $10k: about 2.2 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.096% in total) that is about 14 days. 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 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.44 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 FF-USDT | 0.1272 | −0.0188 | get 0.0094% / 4h | 1h 43m | $2.3M | $442K | 20x |
| Short | SunX FF-USDT | 0.1273 | 0.0100 | get 0.0050% / 4h | 1h 43m | $2K | $2.8M | 20x |
BloFin FF-USDT
SunX FF-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
- $60.44
- Price spread: +0.016% → +0.208%
- −$19.19
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $21.25
- Costs to cover
- 0.200%
- Break-even
- 4.5 days
Slippage unknown: BloFin: live order book, 4 min ago; SunX: live order book, 4 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, 4 min ago | 0.79 bp | 11.3 bp −$11 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 500.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDT | −0.0199% | 4h | 0.1273 | +0.039% | $43.0M | $50.8M | 20x | as long as short |
| MEXC FF_USDT | −0.0198% | 4h | 0.1273 | +0.024% | $10.0M | $3.6M | 50x | as long as short |
| BloFin FF-USDTlong | −0.0188% | 4h | 0.1272 | long leg | $2.3M | $442K | 20x | |
| Bybit FFUSDT | +0.0043% | 4h | 0.1273 | +0.024% | $14.3M | $13.0M | 20x | as long as short |
| Lighter FF | +0.0096% | 1h | 0.1277 | +0.354% | $135K | $65K | 3x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1274 | +0.141% | $1.2M | $33K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1275 | +0.212% | $26.8M | $3.5M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1275 | +0.189% | $8.6M | $6.7M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1274 | +0.102% | $18.5M | $4.8M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1273 | +0.063% | — | $7.0M | — | as long as short |
Binance FFUSDT
MEXC FF_USDT
Bybit FFUSDT
Lighter FF
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX FF-USDTshort | +0.0100% | 4h | 0.1273 | +0.016% | $2K | $2.8M | 20x |