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

STABLE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.247%−$25 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX STABLE-USDT0.025090.0100pay 0.0050% / 4h3h 35m$1K$773K20x
ShortBloFin STABLE-USDT0.025060.0054get 0.0027% / 4h3h 35m$116K$8K75x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 16 min ago500.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago3.99 bp17.7 bp −$1851.3 bp −$513doesn't fitdoesn't fit

STABLE 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
BloFin STABLE-USDTshort+0.0054%4h0.02506−0.104%$116K$8K75x
Lighter STABLE+0.0096%1h0.02521+0.502%$116K$8K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02510+0.064%$885K$212K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02508−0.024%$19K$7K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02509+0.036%$2.5M$2.9M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02511+0.104%$1.5M$788K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02508−0.024%$203K$437K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02508−0.024%$174K$71K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02509+0.016%$623K$168K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02514+0.215%$180K$29K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDT+0.0100%4h0.02509+0.016%$293K$118K25xas long as short
BingX STABLE-USDT+0.0100%4h0.02508−0.024%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02510+0.060%$147K$50Kas long as short
SunX STABLE-USDTlong+0.0100%4h0.02509long leg$1K$773K20x
Extended STABLE-USD+0.0104%1h0.02508−0.008%$12K$177K10xas long as short