Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.019%
Price spread now: BloFin against BingX−0.023%66s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as 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−$550.549% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.023%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.026% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 66 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 | BingX SUN-USDT | 0.01729 | 0.0100 | pay 0.0050% / 4h | 2h 58m | — | $2.3M | — |
| Short | BloFin SUN-USDT | 0.01729 | 0.0056 | get 0.0028% / 4h | 2h 58m | $132K | $35K | 50x |
BingX SUN-USDT
BloFin SUN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$9.28
- Price spread: −0.023% → +0.002%
- −$2.56
- Slippage, 4 orders
- −$32.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.78
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 22 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 BingX live order book, 5 min ago | 2.60 bp | 15.9 bp −$16 | 49.5 bp −$495 | 572.5 bp −$57.2K | 1013.0 bp −$506.5K |
| Sell BloFin live order book, 22 min ago | 0.58 bp | 11.5 bp −$11 | 37.2 bp −$372 | doesn't fit | doesn't fit |
SUN 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SUN/USDC PERP | +0.0033% | 1h | 0.01861 | +7.634% | — | $16 | 5.5x | as long as short |
| BloFin SUN-USDTshort | +0.0056% | 4h | 0.01729 | −0.023% | $132K | $35K | 50x | |
| Binance SUNUSDT | +0.0100% | 4h | 0.01729 | +0.028% | $2.0M | $1.3M | 50x | as long as short |
| Bybit SUNUSDT | +0.0100% | 4h | 0.01728 | −0.058% | $1.5M | $288K | 50x | as long as short |
| Gate SUN_USDT | +0.0100% | 8h | 0.01731 | +0.116% | $129K | $57K | 50x | as long as short |
| MEXC SUN_USDT | +0.0100% | 4h | 0.01729 | +0.023% | $11.7M | $268K | 125x | as long as short |
| KuCoin SUNUSDTM | +0.0100% | 4h | 0.01729 | +0.017% | $315K | $56K | 20x | as long as short |
| Bitget SUNUSDT | +0.0100% | 4h | 0.01729 | +0.012% | $462K | $136K | 50x | as long as short |
| BingX SUN-USDTlong | +0.0100% | 4h | 0.01729 | long leg | — | $2.3M | — | |
| Variational Omni SUN | +0.0100% | 4h | 0.01729 | −0.027% | $143K | $70 | — | as long as short |
Injective SUN/USDC PERP
Binance SUNUSDT
Bybit SUNUSDT
Gate SUN_USDT
MEXC SUN_USDT
KuCoin SUNUSDTM
Bitget SUNUSDT
Variational Omni SUNShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SUN-USDT | +0.0100% | 4h | 0.01730 | +0.046% | $26K | $901K | 20x | as long as short |
| HTX SUN-USDT | +0.0100% | 4h | 0.01729 | −0.012% | $317K | $28K | 50x | as long as short |
SunX SUN-USDT
HTX SUN-USDT