Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04183 | +0.0100 | pay 0.0050% / 4h | 2h 59m | $2K | $829K | 20x | Long SunX≤10% back | |
| SHORT | 0.04117 | +0.0060 | get 0.0030% / 4h | 2h 59m | $147K | $4K | 50x | Short BloFin |
Price gap−1.578%60s
Funding gap−0.0040% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.460% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0040% /8h now · paid −0.001% over the last 7D
Price—spread −1.578%60s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.578%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNA on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $200SunX 20x, BloFin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.20Long SunX: 6 payments, −$3.00; short BloFin: 6 payments, +$1.80.
- Watch: Prices read 60 s apart−1.578% vs −1.118%Part of this gap may be the market moving.
- Watch: Long leg is thinner$2K vs $147K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0001%/8h × 21 periods−$0.12
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: SunX: live order book, 20 min ago; BloFin: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX280.91doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBloFin2.4323.4 bp−$2356.1 bp−$561doesn’t fitdoesn’t fit
Closing costs about the same again.

