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

SXT

all SXT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.146%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$582as in the Price arb table
costs, in and out, $10k−$6056.049% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.146%, 7d avg −0.084%
Together, before fees−0.211%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.230% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SXTUSDTM0.0088800.0100pay 0.0050% / 4h3h 38m$127K$91K25x
ShortBloFin SXT-USDT0.0088930.0106get 0.0053% / 4h3h 38m$110K$13K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$1.25
Price spread: +0.146% → −0.084%
$22.99
Slippage, 4 orders
−$580.89
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$580.65
Costs to cover
6.049%
Break-even
3268.4 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 16 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 KuCoin live order book, 5 min ago11.25 bp242.3 bp −$242doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago2.25 bp29.4 bp −$2999.8 bp −$998doesn't fitdoesn'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
Aster SXTUSDT+0.0100%4h0.009095+2.423%$6K$2455xas long as short
Binance SXTUSDT+0.0100%4h0.008881+0.009%$1.7M$2.2M25xas long as short
Bybit SXTUSDT+0.0100%4h0.008874−0.068%$545K$284K13xas long as short
MEXC SXT_USDT+0.0100%4h0.008881+0.011%$2.0M$122K50xas long as short
KuCoin SXTUSDTMlong+0.0100%4h0.008880long leg$127K$91K25x
Bitget SXTUSDT+0.0100%4h0.008876−0.045%$486K$105K25xas long as short
BingX SXT-USDT+0.0100%4h0.0088800.000%$6.5Mas long as short
Variational Omni SXT+0.0100%4h0.008891+0.120%$528$4Kas long as short
BloFin SXT-USDTshort+0.0106%4h0.008893+0.146%$110K$13K25x