Funding you earn now, next payment 04:00 UTC+0.0454%/8h= +49.7% APRnext payment +$2.27 per $10,000 · paid last 24h +0.166%
Price spread now: BloFin against SunX−0.091%55s7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2542.541% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.091%, 7d avg −0.133%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.042% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.133%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX M-USDT | 1.4361 | 0.0100 | pay 0.0050% / 4h | 3m 29s | $2K | $768K | 20x |
| Short | BloFin M-USDT | 1.4348 | 0.0554 | get 0.0277% / 4h | 3m 29s | $359K | $448K | 10x |
SunX M-USDT
BloFin M-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $95.29
- Price spread: −0.091% → −0.133%
- $4.24
- Slippage, 4 orders
- −$234.05
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$154.52
- Costs to cover
- 2.541%
- Break-even
- 18.4 days
Slippage from SunX: live order book, 18 min ago; BloFin: live order book, 32 min ago.
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 SunX live order book, 18 min ago | 30.43 bp | 112.0 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 3.14 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4352 | −0.063% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4336 | −0.174% | $1.9M | $925K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4353 | −0.056% | $1.9M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4367 | +0.045% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4356 | −0.035% | $2K | $510 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.4361 | long leg | $2K | $768K | 20x | |
| Aster MUSDT | +0.0403% | 4h | 1.4351 | −0.067% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0536% | 4h | 1.4344 | −0.118% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.0547% | 4h | 1.4345 | −0.110% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0552% | 4h | 1.4346 | −0.104% | $238K | $108K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
Aster MUSDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDTshort | +0.0554% | 4h | 1.4348 | −0.091% | $359K | $448K | 10x | |
| KuCoin MUSDTM | +0.1576% | 4h | 1.4207 | −1.069% | $1.4M | $3.9M | 10x | as long as short |
KuCoin MUSDTM