Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.180%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.180%, 7d avg −0.008%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.171% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SXTUSDT | 0.008885 | 0.0100 | pay 0.0050% / 4h | 6m 56s | $1.7M | $2.2M | 25x |
| Short | BloFin SXT-USDT | 0.008869 | 0.0086 | get 0.0043% / 4h | 6m 56s | $109K | $13K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.02
- Price spread: −0.180% → −0.008%
- −$17.13
- Slippage, 4 orders
- −$114.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$156.21
- Costs to cover
- 1.361%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 53 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 0.56 bp | 31.3 bp −$31 | 235.2 bp −$2,352 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 1.12 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
SXT on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SXT-USDTshort | +0.0086% | 4h | 0.008869 | −0.180% | $109K | $13K | 25x | |
| Aster SXTUSDT | +0.0100% | 4h | 0.008863 | −0.244% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDTlong | +0.0100% | 4h | 0.008885 | long leg | $1.7M | $2.2M | 25x | |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008881 | −0.045% | $544K | $272K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008884 | −0.011% | $2.0M | $124K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008880 | −0.056% | $128K | $91K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008879 | −0.067% | $486K | $99K | 25x | as long as short |
| BingX SXT-USDT | +0.0100% | 4h | 0.008882 | −0.033% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008855 | −0.341% | $526 | $4K | — | as long as short |
Binance SXTUSDT
BloFin SXT-USDT
Aster SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
BingX SXT-USDT
Variational Omni SXT