Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$0.69 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BloFin−0.200%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2512.515% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.200%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SXT-USDT | 0.008997 | 0.0101 | pay 0.0051% / 4h | 53m 03s | $111K | $11K | 25x |
| Short | Bybit SXTUSDT | 0.008979 | −0.0036 | pay 0.0018% / 4h | 53m 03s | $548K | $308K | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$28.81
- Price spread: −0.200% → −0.040%
- −$16.02
- Slippage, 4 orders
- −$228.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$296.31
- Costs to cover
- 2.515%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 42 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, 13 min ago | 3.89 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 42 min ago | 3.94 bp | 102.1 bp −$102 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SXTUSDTshort | −0.0036% | 4h | 0.008979 | −0.200% | $548K | $308K | 13x | |
| Aster SXTUSDT | +0.0100% | 4h | 0.008974 | −0.252% | $6K | $44 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008981 | −0.178% | $1.7M | $2.2M | 25x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008980 | −0.189% | $2.0M | $121K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.009010 | +0.144% | $129K | $81K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008970 | −0.300% | $486K | $116K | 25x | as long as short |
| BingX SXT-USDT | +0.0100% | 4h | 0.008974 | −0.256% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008956 | −0.452% | $442 | $5K | — | as long as short |
| BloFin SXT-USDTlong | +0.0101% | 4h | 0.008997 | long leg | $111K | $11K | 25x |
BloFin SXT-USDT
Bybit SXTUSDT
Aster SXTUSDT
Binance SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
BingX SXT-USDT
Variational Omni SXT