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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0392%/8h= −42.9% APRnext payment $1.96 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against SunX+0.086%55s7-day average −0.204% · you sell dearer than you buy
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−0.096%−$10 on $10k
Price spread, last 3 days (all we have)−0.607%−$61 · spread now +0.086%, 7d avg −0.204%
Together, before fees−0.703%−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.291% dearer against SunX than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.204%): +$29 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.096% in total) that is about 21 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 $1.96 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
LongSunX FF-USDT0.12740.0100pay 0.0050% / 4h9m 34s$1K$1.7M20x
ShortBloFin FF-USDT0.1275−0.0292pay 0.0146% / 4h9m 34s$2.3M$312K20x

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
−$82.26
Price spread: +0.086% → −0.204%
$29.07
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.19
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 6 min ago; BloFin: live order book, 3 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, 6 min ago500.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago3.92 bp13.4 bp −$1326.8 bp −$268doesn't fitdoesn't fit

FF on 11 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 FF-USDTshort−0.0292%4h0.1275+0.086%$2.3M$312K20x
MEXC FF_USDT−0.0236%4h0.1274+0.039%$10.1M$1.9M50xas long as short
Binance FFUSDT−0.0235%4h0.1274+0.028%$43.1M$25.4M20xas long as short
Bybit FFUSDT−0.0076%4h0.1275+0.071%$14.3M$6.9M20xas long as short
Aster FFUSDT+0.0100%4h0.1276+0.140%$1.2M$23K5xas long as short
Gate FF_USDT+0.0100%4h0.1276+0.173%$26.9M$2.1M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1278+0.290%$8.7M$5.6M20xas long as short
Bitget FFUSDT+0.0100%4h0.1276+0.157%$18.6M$1.7M5xas long as short
BingX FF-USDT+0.0100%4h0.1275+0.063%$6.8Mas long as short
SunX FF-USDTlong+0.0100%4h0.1274long leg$1K$1.7M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0352%1h0.1278+0.361%$135K$42K3xas long as short