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+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+0.130%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.231%−$23 · spread now +0.130%, 7d avg −0.001%
Together, before fees−0.222%−$22 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 0.132% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SFP_USDT0.30710.0100pay 0.0100% / 8h7h 37m$885K$160K200x
ShortBloFin SFP-USDT0.30750.0129get 0.0129% / 8h7h 37m$234K$4K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.06
Price spread: +0.130% → −0.001%
$13.16
Slippage, 4 orders
−$90.12
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$86.9
Costs to cover
1.061%
Break-even
107.4 days
Slippage from MEXC: live order book, 29 min ago; BloFin: live order book, 29 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, 29 min ago3.26 bp18.8 bp −$19114.5 bp −$1,145282.0 bp −$28.2Kdoesn't fit
Sell BloFin live order book, 29 min ago6.53 bp35.3 bp −$35105.8 bp −$1,058doesn'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%8h0.3073+0.065%$1.4Mas long as short
Binance SFPUSDT+0.0100%8h0.3073+0.065%$3.8M$1.4M75xas long as short
Gate SFP_USDT+0.0100%8h0.30710.000%$32K$28K50xas long as short
MEXC SFP_USDTlong+0.0100%8h0.3071long leg$885K$160K200x
KuCoin SFPUSDTM+0.0100%8h0.3067−0.130%$58K$10K20xas long as short
Bitget SFPUSDT+0.0100%8h0.3073+0.065%$80K$48K75xas long as short
Variational Omni SFP+0.0100%8h0.3070−0.032%$15K$208as long as short
BloFin SFP-USDTshort+0.0129%8h0.3075+0.130%$234K$4K75x