Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against SunX−0.104%115s7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.104%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.068% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 115 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 STABLE-USDT | 0.02509 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $1K | $773K | 20x |
| Short | BloFin STABLE-USDT | 0.02506 | 0.0054 | get 0.0027% / 4h | 3h 35m | $116K | $8K | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.71
- Price spread: −0.104% → −0.035%
- −$6.83
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.54
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 16 min ago; BloFin: live order book, 20 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, 16 min ago | 500.22 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 3.99 bp | 17.7 bp −$18 | 51.3 bp −$513 | doesn't fit | doesn't fit |
STABLE on 15 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 STABLE-USDTshort | +0.0054% | 4h | 0.02506 | −0.104% | $116K | $8K | 75x | |
| Lighter STABLE | +0.0096% | 1h | 0.02521 | +0.502% | $116K | $8K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02510 | +0.064% | $885K | $212K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02508 | −0.024% | $19K | $7K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02509 | +0.036% | $2.5M | $2.9M | 75x | as long as short |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02511 | +0.104% | $1.5M | $788K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02508 | −0.024% | $203K | $437K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02508 | −0.024% | $174K | $71K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02509 | +0.016% | $623K | $168K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02514 | +0.215% | $180K | $29K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02509 | +0.016% | $293K | $118K | 25x | as long as short |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02508 | −0.024% | — | $6.6M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02510 | +0.060% | $147K | $50K | — | as long as short |
| SunX STABLE-USDTlong | +0.0100% | 4h | 0.02509 | long leg | $1K | $773K | 20x | |
| Extended STABLE-USD | +0.0104% | 1h | 0.02508 | −0.008% | $12K | $177K | 10x | as long as short |
SunX STABLE-USDT
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
Extended STABLE-USD