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

SENT

all SENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget+0.160%65s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$14 on $10k
Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.160%, 7d avg +0.048%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.112% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.048%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SENTUSDT0.018770.0100pay 0.0050% / 4h1h 44m$1.1M$329K20x
ShortBloFin SENT-USDT0.018800.0139get 0.0070% / 4h1h 44m$271K$20K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$8.21
Price spread: +0.160% → +0.048%
$11.16
Slippage, 4 orders
−$75.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$79.72
Costs to cover
0.991%
Break-even
74.9 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 32 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 Bitget live order book, 2 min ago2.66 bp24.8 bp −$2587.3 bp −$873doesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago7.99 bp22.3 bp −$2278.2 bp −$782doesn't fitdoesn't fit

SENT on 11 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
Aster SENTUSDT+0.0100%4h0.01878+0.057%$8K$5K5xas long as short
Binance SENTUSDT+0.0100%4h0.01878+0.032%$6.0M$2.9M75xas long as short
Bybit SENTUSDT+0.0100%4h0.01877+0.016%$1.9M$997K50xas long as short
OKX SENT-USDT-SWAP+0.0100%4h0.01876−0.053%$1.1M$701K50xas long as short
Gate SENT_USDT+0.0100%4h0.018770.000%$264K$75K50xas long as short
MEXC SENT_USDT+0.0100%4h0.018770.000%$455K$228K20xas long as short
KuCoin SENTUSDTM+0.0100%4h0.01875−0.107%$571K$108K50xas long as short
Bitget SENTUSDTlong+0.0100%4h0.01877long leg$1.1M$329K20x
BingX SENT-USDT+0.0100%4h0.018770.000%$1.8Mas long as short
SunX SENT-USDT+0.0100%4h0.018770.000%$3K$1.1M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SENT-USDTshort+0.0139%4h0.01880+0.160%$271K$20K75x