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

SFP

all SFP markets
SwapBacktest
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 Variational Omni−0.032%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SFP0.30630.0100pay 0.0100% / 8h4h 53m$15K$208
ShortBingX SFP-USDT0.30620.0070get 0.0070% / 8h4h 53m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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: −0.032% → 0.000%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$19.55
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 7 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 Variational Omni no order-book sample
Sell BingX live order book, 7 min ago8.17 bp53.3 bp −$53123.9 bp −$1,239467.7 bp −$46.8K530.4 bp −$265.2K
Variational Omni: 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-USDTshort+0.0070%8h0.3062−0.032%$1.4M
BloFin SFP-USDT+0.0095%8h0.30630.000%$236K$4K75xas long as short
Binance SFPUSDT+0.0100%8h0.3061−0.054%$3.8M$1.4M75xas long as short
Gate SFP_USDT+0.0100%8h0.3061−0.065%$31K$29K50xas long as short
MEXC SFP_USDT+0.0100%8h0.3061−0.065%$879K$152K200xas long as short
KuCoin SFPUSDTM+0.0100%8h0.3062−0.032%$58K$10K20xas long as short
Bitget SFPUSDT+0.0100%8h0.3062−0.032%$84K$51K75xas long as short
Variational Omni SFPlong+0.0100%8h0.3063long leg$15K$208