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

SXT

all SXT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin+0.102%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.102%, 7d avg +0.006%
Together, before fees−0.193%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.096% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SXT-USDT0.0088500.0041pay 0.0021% / 4h2h 37m$111K$12K25x
ShortMEXC SXT_USDT0.0088590.0100get 0.0050% / 4h2h 37m$2.0M$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$12.39
Price spread: +0.102% → +0.006%
$9.58
Slippage, 4 orders
−$113.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$107.28
Costs to cover
1.293%
Break-even
67.6 days
Slippage from BloFin: live order book, 41 min ago; MEXC: live order book, 5 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, 41 min ago2.25 bp31.4 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago3.38 bp30.1 bp −$3075.9 bp −$759232.9 bp −$23.3Kdoesn't fit

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+0.0041%4h0.008850long leg$111K$12K25x
Aster SXTUSDT+0.0100%4h0.008875+0.278%$6K$2455xas long as short
Binance SXTUSDT+0.0100%4h0.008861+0.125%$1.7M$2.2M25xas long as short
Bybit SXTUSDT+0.0100%4h0.008854+0.045%$549K$315K13xas long as short
MEXC SXT_USDTshort+0.0100%4h0.008859+0.102%$2.0M$120K50x
KuCoin SXTUSDTM+0.0100%4h0.008860+0.113%$127K$84K25xas long as short
Bitget SXTUSDT+0.0100%4h0.008866+0.181%$480K$116K25xas long as short
BingX SXT-USDT+0.0100%4h0.008861+0.124%$6.5Mas long as short
Variational Omni SXT+0.0100%4h0.008867+0.187%$437$5Kas long as short