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

SUN

all SUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.21 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.034%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.034%, 7d avg +0.001%
Together, before fees+0.174%+$17 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 BingX is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SUN-USDT0.017470.0142pay 0.0071% / 4h1h 31m$132K$41K50x
ShortBingX SUN-USDT0.017470.0100get 0.0050% / 4h1h 31m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
−$8.87
Price spread: −0.034% → +0.001%
−$3.53
Slippage, 4 orders
−$40.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$74.56
Costs to cover
0.622%
Break-even
never at this rate
Slippage from BloFin: live order book, 41 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 41 min ago0.29 bp12.7 bp −$1344.5 bp −$445doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.86 bp17.9 bp −$1853.8 bp −$538552.0 bp −$55.2K1023.8 bp −$511.9K

SUN on 12 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
Injective SUN/USDC PERP+0.0033%1h0.01861+6.519%$165.5xas long as short
Binance SUNUSDT+0.0100%4h0.01747−0.005%$2.0M$1.6M50xas long as short
Bybit SUNUSDT+0.0100%4h0.01745−0.092%$1.4M$470K50xas long as short
Gate SUN_USDT+0.0100%8h0.01748+0.023%$126K$59K50xas long as short
MEXC SUN_USDT+0.0100%4h0.01747+0.006%$11.8M$272K125xas long as short
KuCoin SUNUSDTM+0.0100%4h0.01747−0.029%$313K$56K20xas long as short
Bitget SUNUSDT+0.0100%4h0.01746−0.052%$464K$141K50xas long as short
BingX SUN-USDTshort+0.0100%4h0.01747−0.034%$2.3M
Variational Omni SUN+0.0100%4h0.01744−0.166%$145K$47as long as short
SunX SUN-USDT+0.0100%4h0.01748+0.034%$26K$1.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SUN-USDT+0.0100%4h0.01748+0.074%$311K$79K50xas long as short
BloFin SUN-USDTlong+0.0142%4h0.01747long leg$132K$41K50x