Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09745 | +0.0100 | pay 0.0050% / 4h | 3h 31m | $1K | $201K | 10x | Long SunX≤10% back | |
| SHORT | 0.09526 | +0.0340 | get 0.0170% / 4h | 3h 31m | $800K | $140K | 50x | Short BloFin |
Price gap−2.247%55s
Funding gap+0.0240% /8h
Funding pays +$7 a day on $10k, but the gap is 2.243% under its 7d average: −$224 if it goes back, about 31 days of funding. At the last 7 days' pace that is about 3 months.
The two prices were read 55 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14+0.0240% /8h now · paid +0.144% over the last 6 days (all we have)
Price—spread −2.247%55s now · prices read too far apart to compare
Costs−$1181.180% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 6 days it paid +0.144% in total, about +0.0077%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−2.247%
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
/8hNIL on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size38.8 / 19.8 bpAt $10k entering SunX costs 38.8 bp, fee and slippage, 2.0× BloFin’s.
- Note: Margin at max leverage$1,000 + $200SunX 10x, 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: +$7.20Long SunX: 6 payments, −$3.00; short BloFin: 6 payments, +$10.20.
- Watch: Prices read 55 s apart−2.247% vs −0.005%Part of this gap may be the market moving.
- Watch: Long leg is thinner$1K vs $800K 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+0.0077%/8h × 21 periods+$16.26
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$98.03
Fee SunX bp × 2 orders−$8.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$101.77
price spread not counted: prices read too far apartCosts to cover1.180%Break-even50.8 days
Slippage: SunX: live order book, 32 min ago; BloFin: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX27.9438.8 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBloFin1.0319.8 bp−$2073.2 bp−$732doesn’t fitdoesn’t fit
Closing costs about the same again.
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