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

RED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.05 per $10,000 · paid last 24h +0.009%
Price spread now: SunX against BloFin+2.426%55s7-day average +2.248% · 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+0.155%+$16 on $10k
Price spread, last 3 days (all we have)−0.164%−$16 · spread now +2.426%, 7d avg +2.248%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.178% dearer against BloFin than usual: you sell high and buy low (spread +2.426% now, against its 7-day average of +2.248%): +$18 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 55 days. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15080.0111pay 0.0055% / 4h1h 10m$225K$5K25x
ShortSunX RED-USDT0.15450.0100get 0.0050% / 4h1h 10m$1K$664K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.26
Price spread: +2.426% → +2.248%
$17.83
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$4.43
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 65 min ago; SunX: live order book, 61 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 BloFin live order book, 65 min ago4.64 bp43.2 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 61 min ago255.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

RED on 10 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
Aster REDUSDT+0.0100%4h0.1510+0.097%$21K$35K5xas long as short
Binance REDUSDT+0.0100%4h0.1509+0.019%$2.4M$3.8M50xas long as short
Bybit REDUSDT+0.0100%4h0.1510+0.113%$2.2M$1.7M25xas long as short
Gate RED_USDT+0.0100%4h0.1509+0.040%$349K$151K25xas long as short
Bitget REDUSDT+0.0100%4h0.1509+0.040%$723K$297K20xas long as short
Variational Omni RED+0.0100%4h0.1510+0.086%$25K$3Kas long as short
SunX RED-USDTshort+0.0100%4h0.1545+2.426%$1K$664K20x
Extended RED-USD+0.0104%1h0.1508−0.026%$305xas long as short
BloFin RED-USDTlong+0.0111%4h0.1508long leg$225K$5K25x
MEXC RED_USDT+0.0386%4h0.1508−0.027%$552K$173K20xas long as short