Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.045%111s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as 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−$1361.361% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.045%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.054% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 111 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 | BloFin SXT-USDT | 0.008873 | 0.0124 | pay 0.0062% / 4h | 7m 21s | $109K | $13K | 25x |
| Short | Binance SXTUSDT | 0.008869 | 0.0100 | get 0.0050% / 4h | 7m 21s | $1.7M | $2.2M | 25x |
BloFin SXT-USDT
Binance SXTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.11
- Price spread: −0.045% → +0.008%
- −$5.36
- Slippage, 4 orders
- −$114.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$146.53
- Costs to cover
- 1.361%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; Binance: live order book, 12 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 BloFin live order book, 53 min ago | 1.12 bp | 27.2 bp −$27 | 96.2 bp −$962 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.56 bp | 39.4 bp −$39 | 174.1 bp −$1,741 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SXTUSDT | +0.0100% | 4h | 0.008848 | −0.277% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDTshort | +0.0100% | 4h | 0.008869 | −0.045% | $1.7M | $2.2M | 25x | |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008864 | −0.101% | $542K | $271K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008868 | −0.056% | $2.0M | $124K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008870 | −0.034% | $128K | $91K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008866 | −0.079% | $485K | $99K | 25x | as long as short |
| BingX SXT-USDT | +0.0100% | 4h | 0.008865 | −0.090% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008855 | −0.206% | $526 | $4K | — | as long as short |
| BloFin SXT-USDTlong | +0.0124% | 4h | 0.008873 | long leg | $109K | $13K | 25x |
Aster SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
BingX SXT-USDT
Variational Omni SXT