Funding you earn now, next payment 04:00 UTC−0.0864%/8h= −94.6% APRnext payment −$4.32 per $10,000 · paid last 24h −0.224%
Price spread now: SunX against BloFin−0.133%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1501.505% of the position
Funding, last 7 days−0.797%−$80 on $10k
+Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.133%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and SunX is 0.124% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin USELESS-USDT | 0.2850 | 0.0964 | pay 0.0482% / 4h | 2h 50m | $1.2M | $2.1M | 12x |
| Short | SunX USELESS-USDT | 0.2846 | 0.0100 | get 0.0050% / 4h | 2h 50m | — | $1.4M | 10x |
BloFin USELESS-USDT
SunX USELESS-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$181.42
- Price spread: −0.133% → −0.009%
- −$12.45
- Slippage, 4 orders
- −$130.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$344.33
- Costs to cover
- 1.505%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; SunX: live order book, 4 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 BloFin live order book, 3 min ago | 1.76 bp | 7.8 bp −$8 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 44.93 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2843 | −0.246% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2844 | −0.228% | $32K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2843 | −0.249% | $10.0M | $67.5M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2838 | −0.414% | $5.2M | $10.2M | 12x | as long as short |
| SunX USELESS-USDTshort | +0.0100% | 4h | 0.2846 | −0.133% | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2852 | +0.081% | $19K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2847 | −0.112% | $602K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0108% | 1h | 0.2827 | −0.810% | $39K | $698K | 25x | as long as short |
| Gate USELESS_USDT | +0.0154% | 4h | 0.2837 | −0.456% | $7.1M | $8.3M | 50x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2856 | +0.219% | $10K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Gate USELESS_USDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0470% | 4h | 0.2832 | −0.630% | $21K | $194K | 10x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2841 | −0.321% | $300K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0504% | 4h | 0.2844 | −0.225% | $11.1M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0513% | 4h | 0.2844 | −0.227% | $24.0M | $117.6M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0574% | 4h | 0.2838 | −0.428% | $5.4M | $9.9M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0610% | 1h | 0.2841 | −0.305% | $44K | $184K | 3x | as long as short |
| Bybit USELESSUSDT | +0.0631% | 4h | 0.2842 | −0.284% | $27.6M | $46.7M | 13x | as long as short |
| BingX USELESS-USDT | +0.0744% | 4h | 0.2841 | −0.312% | — | $5.1M | — | as long as short |
| Variational Omni USELESS | +0.0917% | 4h | 0.2853 | +0.084% | $1.2M | $1.7M | — | as long as short |
| BloFin USELESS-USDTlong | +0.0964% | 4h | 0.2850 | long leg | $1.2M | $2.1M | 12x | |
| Aster USELESSUSDT | +0.1056% | 4h | 0.2840 | −0.340% | $653K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1123% | 1h | 0.2843 | −0.232% | $14.2M | $21.1M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1263% | 4h | 0.2860 | +0.337% | $22K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2984 | +4.709% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP