Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX+0.068%66s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1291.295% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.068%, 7d avg +0.016%
=The price spread pays, funding is against you. BloFin is 0.051% dearer against BingX than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.016%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.015% in total) that is about 24 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SXT-USDT | 0.008888 | 0.0100 | pay 0.0050% / 4h | 3h 18m | — | $6.5M | — |
| Short | BloFin SXT-USDT | 0.008894 | 0.0063 | get 0.0032% / 4h | 3h 18m | $110K | $13K | 25x |
BingX SXT-USDT
BloFin SXT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$7.76
- Price spread: +0.068% → +0.016%
- $5.14
- Slippage, 4 orders
- −$107.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.09
- Costs to cover
- 1.295%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 37 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 BingX live order book, 2 min ago | 6.18 bp | 36.6 bp −$37 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 2.25 bp | 29.4 bp −$29 | 99.8 bp −$998 | 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 | +0.0063% | 4h | 0.008894 | +0.068% | $110K | $13K | 25x | |
| Aster SXTUSDT | +0.0100% | 4h | 0.008929 | +0.466% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008886 | −0.024% | $1.7M | $2.2M | 25x | as long as short |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008878 | −0.113% | $542K | $287K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008885 | −0.034% | $2.0M | $123K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008890 | +0.023% | $128K | $91K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008890 | +0.023% | $487K | $105K | 25x | as long as short |
| BingX SXT-USDTlong | +0.0100% | 4h | 0.008888 | long leg | — | $6.5M | — | |
| Variational Omni SXT | +0.0100% | 4h | 0.008892 | +0.045% | $527 | $4K | — | as long as short |
Aster SXTUSDT
Binance SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
Variational Omni SXT