RED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.012%

Price spread now: SunX against BloFin+2.196%7-day average +2.259% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.155%+$16 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now +2.196%, 7d avg +2.259%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread +2.196% now, against its 7-day average of +2.259%). If the spread goes back, that is −$6 on $10k: about 8.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.155% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin RED-USDT	0.1562	0.0074	pay 0.0037% / 4h	2h 02m	$218K	$5K	25x
Short	SunX RED-USDT	0.1596	0.0100	get 0.0050% / 4h	2h 02m	$2K	$821K	20x

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

Position, each leg$Hold fordaysFee BloFinbpFee SunXbpOrdersPrice spread, now +2.196%Rate

Funding earned: $5.43
Price spread: +2.196% → +2.259%: −$6.23
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$20.8
Costs to cover: 0.200%
Break-even: 33.8 days

Slippage unknown: BloFin: live order book, 13 min ago; SunX: live order book, 69 min ago. Net counts fees only.

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, 13 min ago	2.58 bp	47.9 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 69 min ago	259.49 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

RED on 10 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
BloFin RED-USDTlong	+0.0074%	4h	0.1562	long leg	$218K	$5K	25x
Aster REDUSDT	+0.0100%	4h	0.1560	−0.135%	$28K	$37K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1560	−0.135%	$2.3M	$4.2M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1562	−0.006%	$1.9M	$2.0M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1558	−0.237%	$356K	$95K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1559	−0.173%	$747K	$297K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1555	−0.405%	$26K	$3K	—	as long as short
SunX RED-USDTshort	+0.0100%	4h	0.1596	+2.196%	$2K	$821K	20x
Extended RED-USD	+0.0104%	1h	0.1559	−0.185%	$31	—	5x	as long as short
MEXC RED_USDT	+0.0486%	4h	0.1558	−0.237%	$528K	$169K	20x	as long as short