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

SXT

all SXT markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against BloFin+0.147%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)−0.216%−$22 · spread now +0.147%, 7d avg −0.016%
Together, before fees−0.206%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.163% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SXT-USDT0.0088690.0086pay 0.0043% / 4h6m 52s$109K$13K25x
ShortBingX SXT-USDT0.0088820.0100get 0.0050% / 4h6m 52s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$3.02
Price spread: +0.147% → −0.016%
$16.3
Slippage, 4 orders
−$107.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$110.58
Costs to cover
1.299%
Break-even
262.9 days
Slippage from BloFin: live order book, 53 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 53 min ago1.12 bp27.2 bp −$2796.2 bp −$962doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago5.07 bp31.9 bp −$32104.1 bp −$1,041802.9 bp −$80.3K1010.1 bp −$505.0K

SXT on 9 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
BloFin SXT-USDTlong+0.0086%4h0.008869long leg$109K$13K25x
Aster SXTUSDT+0.0100%4h0.008863−0.064%$6K$2455xas long as short
Binance SXTUSDT+0.0100%4h0.008885+0.180%$1.7M$2.2M25xas long as short
Bybit SXTUSDT+0.0100%4h0.008881+0.135%$544K$272K13xas long as short
MEXC SXT_USDT+0.0100%4h0.008884+0.169%$2.0M$124K50xas long as short
KuCoin SXTUSDTM+0.0100%4h0.008880+0.124%$128K$91K25xas long as short
Bitget SXTUSDT+0.0100%4h0.008879+0.113%$486K$99K25xas long as short
BingX SXT-USDTshort+0.0100%4h0.008882+0.147%$6.5M
Variational Omni SXT+0.0100%4h0.008855−0.161%$526$4Kas long as short