Funding you earn now, next payment 12:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against SunX−2.307%55s7-day average −2.256% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now −2.307%, 7d avg −2.256%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.051% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −2.256%). Swap the legs. 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 RED-USDT | 0.1630 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $2K | $865K | 20x |
| Short | BloFin RED-USDT | 0.1592 | 0.0085 | get 0.0043% / 4h | 3h 39m | $220K | $6K | 25x |
SunX RED-USDT
BloFin RED-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
- −$3.12
- Price spread: −2.307% → −2.256%
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.21
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 2 min ago; BloFin: live order book, 26 min ago. Net counts fees only.
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, 2 min ago | 254.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 6.31 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDTshort | +0.0085% | 4h | 0.1592 | −2.307% | $220K | $6K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1592 | −2.338% | $28K | $39K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1591 | −2.393% | $2.3M | $4.4M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1593 | −2.270% | $1.9M | $2.1M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1593 | −2.270% | $362K | $95K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1593 | −2.270% | $787K | $373K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1594 | −2.191% | $27K | $3K | — | as long as short |
| SunX RED-USDTlong | +0.0100% | 4h | 0.1630 | long leg | $2K | $865K | 20x | |
| Extended RED-USD | +0.0104% | 1h | 0.1592 | −2.358% | $32 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0342% | 4h | 0.1590 | −2.454% | $526K | $163K | 20x | as long as short |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
Extended RED-USD
MEXC RED_USDT