RED

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.008%

Price spread now: BloFin against SunX−2.328%55s7-day average −2.255% · you buy dearer than you sell

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

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$15 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now −2.328%, 7d avg −2.255%

Together, before fees−0.127%−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.073% cheaper against SunX than usual: you would sell low and buy high (spread −2.328% now, against its 7-day average of −2.255%). If the spread goes back, that is −$7 on $10k: about 5.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour. The two prices were read 55 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 RED-USDT	0.1598	0.0100	pay 0.0050% / 4h	1h 53m	$1K	$849K	20x
Short	BloFin RED-USDT	0.1561	0.0142	get 0.0071% / 4h	1h 53m	$218K	$5K	25x

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 −2.328%Rate

Funding earned: $8.75
Price spread: −2.328% → −2.255%: −$7.32
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$18.57
Costs to cover: 0.200%
Break-even: 21.8 days

Slippage unknown: SunX: live order book, 51 min ago; BloFin: live order book, 52 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 SunX live order book, 51 min ago	262.43 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	4.42 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

RED on 10 exchanges

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 REDUSDT	+0.0001%	4h	0.1560	−2.385%	$29K	$36K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1558	−2.503%	$2.3M	$4.0M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1560	−2.390%	$1.8M	$1.8M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1563	−2.190%	$357K	$88K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1563	−2.190%	$785K	$305K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1560	−2.400%	$27K	$2K	—	as long as short
SunX RED-USDTlong	+0.0100%	4h	0.1598	long leg	$1K	$849K	20x
Extended RED-USD	+0.0104%	1h	0.1558	−2.534%	$31	—	5x	as long as short
BloFin RED-USDTshort	+0.0142%	4h	0.1561	−2.328%	$218K	$5K	25x
MEXC RED_USDT	+0.0318%	4h	0.1557	−2.566%	$495K	$160K	20x	as long as short