BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0191%/8h= +21.0% APRnext payment +$1.91 per $10,000 · paid last 24h +0.045%

Price spread now: BloFin against SunX−0.036%56s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$251as 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−$2802.799% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.292%+$29 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.036%, 7d avg +0.005%

Together, before fees+0.343%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.041% cheaper against SunX than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.005%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$6 a day). The two prices were read 56 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 BE-USDT	275.57	0	get 0.0000% / 8h	5h 36m	$962	$2.4M	10x
Short	BloFin BE-USDT	275.47	0.0191	get 0.0191% / 8h	5h 36m	$45K	$141K	20x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee BloFinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $40.18
Price spread: −0.036% → +0.005%: −$4.13
Slippage, 4 orders: −$259.86
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$243.81
Costs to cover: 2.799%
Break-even: 49.5 days

Slippage from SunX: live order book, 10 min ago; BloFin: live order book, 75 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 SunX live order book, 10 min ago	46.58 bp	127.0 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 75 min ago	0.55 bp	15.0 bp −$15	32.3 bp −$323	doesn't fit	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	275.27	−0.108%	$346K	$119K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	275.60	+0.011%	$2.0M	$1.1M	25x	as long as short
Gate BE_USDT	0.0000%	8h	275.10	−0.171%	$1.5M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.38	−0.069%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.03	−0.196%	$7K	$164K	10x	as long as short
SunX BE-USDTlong	0.0000%	8h	275.57	long leg	$962	$2.4M	10x
HTX BE-USDT	0.0000%	8h	275.39	−0.065%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	275.36	−0.076%	$1.3M	$2.9M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−0.904%	$473K	$130K	10x	as long as short
Lighter BE	+0.0032%	1h	275.29	−0.102%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	275.36	−0.076%	$251K	$289K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.88	−0.250%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.33	−0.087%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.24	−0.120%	$5.9M	$2.8M	10x	as long as short
Binance BEUSDT	+0.0072%	8h	275.52	−0.017%	$8.4M	$36.1M	25x	as long as short
Extended BE-USD	+0.0072%	1h	275.40	−0.061%	$46K	$262K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	275.40	−0.062%	$372K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.47	−0.038%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0122%	8h	275.56	−0.004%	$2.6M	$6.8M	25x	as long as short
BloFin BE-USDTshort	+0.0191%	8h	275.47	−0.036%	$45K	$141K	20x
Deribit BE_USDC-PERPETUAL	+0.0367%	1h	275.51	−0.022%	$7K	$4K	10x	as long as short