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+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Variational Omni−0.724%71s7-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 4 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
Funding pays, the price is against you. BloFin is 0.724% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.724% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$72 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SFP0.30400.0100pay 0.0100% / 8h2h 37m$15K$208
ShortBloFin SFP-USDT0.30180.0124get 0.0124% / 8h2h 37m$232K$5K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.97
Price spread: −0.724% → 0.000%
−$72.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$79.4
Costs to cover
0.120%
Break-even
118.9 days
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 34 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 BloFin live order book, 34 min ago6.54 bp29.7 bp −$3090.7 bp −$907doesn't fitdoesn't fit
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-USDT+0.0070%8h0.3028−0.395%$1.4Mas long as short
Binance SFPUSDT+0.0100%8h0.3034−0.187%$3.8M$1.5M75xas long as short
Gate SFP_USDT+0.0100%8h0.3034−0.197%$31K$29K50xas long as short
MEXC SFP_USDT+0.0100%8h0.3034−0.197%$858K$155K200xas long as short
KuCoin SFPUSDTM+0.0100%8h0.3032−0.263%$58K$9K20xas long as short
Bitget SFPUSDT+0.0100%8h0.3030−0.329%$80K$52K75xas long as short
Variational Omni SFPlong+0.0100%8h0.3040long leg$15K$208
BloFin SFP-USDTshort+0.0124%8h0.3018−0.724%$232K$5K75x