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−0.0030%/8h= −3.3% APRnext payment $0.30 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Gate+0.163%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BingX is 0.163% dearer against Gate than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SFP_USDT0.30590.0100pay 0.0100% / 8h6h 31m$32K$28K50x
ShortBingX SFP-USDT0.30640.0070get 0.0070% / 8h6h 31m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
−$6.3
Price spread: +0.163% → 0.000%
$16.35
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$14.95
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; BingX: live order book, 5 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 Gate no order-book sample
Sell BingX live order book, 5 min ago1.63 bp43.2 bp −$43113.5 bp −$1,135464.1 bp −$46.4K522.0 bp −$261.0K
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 7 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-USDTshort+0.0070%8h0.3064+0.163%$1.4M
Binance SFPUSDT+0.0100%8h0.3063+0.131%$3.8M$1.4M75xas long as short
Gate SFP_USDTlong+0.0100%8h0.3059long leg$32K$28K50x
MEXC SFP_USDT+0.0100%8h0.3064+0.163%$883K$161K200xas long as short
KuCoin SFPUSDTM+0.0100%8h0.3060+0.033%$58K$9K20xas long as short
Bitget SFPUSDT+0.0100%8h0.3065+0.196%$82K$49K75xas long as short
Variational Omni SFP+0.0100%8h0.3062+0.083%$15K$208as long as short