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

SFP

all SFP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.005%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1491.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.005%, 7d avg +0.011%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SFP_USDT0.30640.0100pay 0.0100% / 8h5h 39m$883K$162K200x
ShortBinance SFPUSDT0.30640.0100get 0.0100% / 8h5h 39m$3.8M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0
Price spread: −0.005% → +0.011%
−$1.51
Slippage, 4 orders
−$134.6
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$150.12
Costs to cover
1.486%
Break-even
never at this rate
Slippage from MEXC: live order book, 17 min ago; Binance: live order book, 12 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 MEXC live order book, 17 min ago3.27 bp30.4 bp −$30138.3 bp −$1,383287.2 bp −$28.7Kdoesn't fit
Sell Binance live order book, 12 min ago3.26 bp45.8 bp −$46155.9 bp −$1,559doesn't fitdoesn't fit

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%8h0.3065+0.033%$1.4Mas long as short
BloFin SFP-USDT+0.0089%8h0.3071+0.228%$235K$4K75xas long as short
Binance SFPUSDTshort+0.0100%8h0.3064−0.005%$3.8M$1.4M75x
Gate SFP_USDT+0.0100%8h0.3065+0.033%$32K$28K50xas long as short
MEXC SFP_USDTlong+0.0100%8h0.3064long leg$883K$162K200x
KuCoin SFPUSDTM+0.0100%8h0.3049−0.490%$58K$9K20xas long as short
Bitget SFPUSDT+0.0100%8h0.30640.000%$82K$49K75xas long as short
Variational Omni SFP+0.0100%8h0.3064+0.013%$15K$208as long as short