Funding you earn now, next payment 12:00 UTC+0.0407%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.172%
Price spread now: BloFin against SunX−0.105%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2392.393% of the position
Funding, last 7 days+0.415%+$42 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.105%, 7d avg −0.134%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.029% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX M-USDT | 1.3331 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $2K | $894K | 20x |
| Short | BloFin M-USDT | 1.3317 | 0.0507 | get 0.0253% / 4h | 3h 33m | $341K | $446K | 10x |
SunX M-USDT
BloFin M-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
- $85.4
- Price spread: −0.105% → −0.134%
- $2.94
- Slippage, 4 orders
- −$219.26
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$150.92
- Costs to cover
- 2.393%
- Break-even
- 19.4 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 43 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, 9 min ago | 30.60 bp | 91.5 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 1.49 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.3333 | +0.015% | $4.2M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.3307 | −0.180% | $1.8M | $899K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3318 | −0.098% | $2K | $510 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.3331 | long leg | $2K | $894K | 20x | |
| Aster MUSDT | +0.0228% | 4h | 1.3327 | −0.033% | $12K | $83K | 5x | as long as short |
| MEXC M_USDT | +0.0506% | 4h | 1.3330 | −0.008% | $242K | $110K | 50x | as long as short |
| Binance MUSDT | +0.0506% | 4h | 1.3320 | −0.083% | $5.3M | $3.9M | 10x | as long as short |
| BloFin M-USDTshort | +0.0507% | 4h | 1.3317 | −0.105% | $341K | $446K | 10x | |
| Variational Omni M | +0.0826% | 4h | 1.3412 | +0.610% | $89K | $49K | — | as long as short |
| BingX M-USDT | +0.1122% | 4h | 1.3331 | 0.000% | — | $2.4M | — | as long as short |
Bybit MUSDT
Gate M_USDT
Orderly PERP_M_USDC
Aster MUSDT
MEXC M_USDT
Binance MUSDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1176% | 4h | 1.3331 | 0.000% | $1.7M | $253K | 10x | as long as short |
| KuCoin MUSDTM | +0.1890% | 4h | 1.3204 | −0.955% | $1.3M | $3.6M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM