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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.002%
Price spread now: SunX against BloFin−0.420%7-day average −0.074% · you buy dearer than you sell
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−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.420%, 7d avg −0.074%
Together, before fees+0.240%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SunX is 0.346% cheaper against BloFin than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BASED-USDT0.069050.0117pay 0.0058% / 4h3h 28m$261K$48K25x
ShortSunX BASED-USDT0.068760.0100get 0.0050% / 4h3h 28m$2K$903K20x

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
−$3.49
Price spread: −0.420% → −0.074%
−$34.63
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$58.13
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 63 min ago; SunX: live order book, 54 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, 63 min ago0.73 bp10.2 bp −$1067.8 bp −$678doesn't fitdoesn't fit
Sell SunX live order book, 54 min ago501.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BASED on 15 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
Binance BASEDUSDT+0.0100%4h0.06880−0.362%$4.3M$3.2M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06873−0.463%$2.1M$694K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06882−0.333%$2.7M$3.9M20xas long as short
Gate BASED_USDT+0.0100%4h0.06872−0.478%$540K$589K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06882−0.333%$4.9M$539K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06867−0.550%$582K$71K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06878−0.391%$1.3M$360K25xas long as short
BingX BASED-USDT+0.0100%4h0.06881−0.348%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06880−0.358%$94K$14Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06877−0.404%$96K$395K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDTshort+0.0100%4h0.06876−0.420%$2K$903K20x
Extended BASED-USD+0.0104%1h0.06878−0.392%$2K$197K5xas long as short
BloFin BASED-USDTlong+0.0117%4h0.06905long leg$261K$48K25x
Aster BASEDUSDT+0.0128%4h0.06883−0.313%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0273%4h0.06881−0.348%$3K$66410xas long as short