Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against BloFin+0.355%55s7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 3 days (all we have)−0.392%−$39 · spread now +0.355%, 7d avg +0.025%
=The price spread pays, funding is against you. SunX is 0.330% dearer against BloFin than usual: you sell high and buy low (spread +0.355% now, against its 7-day average of +0.025%): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you. 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 | BloFin MET-USDT | 0.2819 | 0.0156 | pay 0.0078% / 4h | 1h 47m | $288K | $78K | 50x |
| Short | SunX MET-USDT | 0.2829 | 0.0100 | get 0.0050% / 4h | 1h 47m | $2K | $1.6M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.76
- Price spread: +0.355% → +0.025%
- $33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $1.24
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 29 min ago; SunX: live order book, 7 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, 29 min ago | 1.77 bp | 34.1 bp −$34 | 94.2 bp −$942 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 501.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MET on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC] | L −0.1636% / S +0.0238% | 1h | 0.2828 | +0.328% | $9K | — | 50x | as long as short |
| Phoenix MET | −0.0114% | 1h | 0.2834 | +0.525% | $14K | $13K | 5x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2834 | +0.518% | $261K | $244K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2831 | +0.408% | $4.3M | $1.3M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2828 | +0.315% | $52K | $10K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2829 | +0.349% | $4.9M | $11.1M | 50x | as long as short |
| Bybit METUSDT | +0.0100% | 4h | 0.2827 | +0.284% | $4.9M | $2.9M | 25x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2827 | +0.284% | $1.3M | $3.3M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2828 | +0.319% | $193K | $187K | 50x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | 0.2828 | +0.319% | $945K | $259K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.0100% | 4h | 0.2827 | +0.284% | $1.3M | $2.4M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2830 | +0.390% | $665K | $845K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2818 | −0.035% | $36K | $111K | 50x | as long as short |
| SunX MET-USDTshort | +0.0100% | 4h | 0.2829 | +0.355% | $2K | $1.6M | 20x | |
| BloFin MET-USDTlong | +0.0156% | 4h | 0.2819 | long leg | $288K | $78K | 50x | |
| Backpack MET_USDC_PERP | +0.0670% | 1h | 0.2831 | +0.436% | $331K | $251K | 5x | as long as short |
BloFin MET-USDT
SunX MET-USDT
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
Lighter MET
Hyperliquid MET
Aster METUSDT
Binance METUSDT
Bybit METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
ApeX Omni METUSDT
Backpack MET_USDC_PERP