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

SFP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin−0.196%93s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.196% cheaper against BloFin than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SFP-USDT0.30630.0095pay 0.0095% / 8h4h 51m$236K$4K75x
ShortGate SFP_USDT0.30570.0100get 0.0100% / 8h4h 51m$31K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$1.11
Price spread: −0.196% → 0.000%
−$19.59
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$45.48
Costs to cover
0.270%
Break-even
293.9 days
Slippage unknown: BloFin: live order book, 40 min ago; Gate: no order-book sample. 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 BloFin live order book, 40 min ago1.63 bp18.9 bp −$19111.3 bp −$1,113doesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SFP on 8 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
BingX SFP-USDT+0.0070%8h0.3054−0.294%$1.4Mas long as short
BloFin SFP-USDTlong+0.0095%8h0.3063long leg$236K$4K75x
Binance SFPUSDT+0.0100%8h0.3053−0.330%$3.8M$1.4M75xas long as short
Gate SFP_USDTshort+0.0100%8h0.3057−0.196%$31K$29K50x
MEXC SFP_USDT+0.0100%8h0.3053−0.326%$876K$152K200xas long as short
KuCoin SFPUSDTM+0.0100%8h0.3056−0.229%$58K$10K20xas long as short
Bitget SFPUSDT+0.0100%8h0.3055−0.261%$84K$51K75xas long as short
Variational Omni SFP+0.0100%8h0.30630.000%$15K$208as long as short