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+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+0.213%94s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1311.310% 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 4 days (all we have)+0.087%+$9 · spread now +0.213%, 7d avg −0.003%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.216% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SXT_USDT0.0089150.0100pay 0.0050% / 4h1h 13m$2.0M$122K50x
ShortBloFin SXT-USDT0.0089340.0140get 0.0070% / 4h1h 13m$112K$11K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$8.35
Price spread: +0.213% → −0.003%
$21.59
Slippage, 4 orders
−$115.01
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$101.07
Costs to cover
1.310%
Break-even
91.7 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 22 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 MEXC live order book, 3 min ago3.92 bp35.1 bp −$3589.1 bp −$891246.6 bp −$24.7Kdoesn't fit
Sell BloFin live order book, 22 min ago2.81 bp32.2 bp −$32102.3 bp −$1,023doesn'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%4h0.008921+0.063%$6K$2455xas long as short
Binance SXTUSDT+0.0100%4h0.008915−0.001%$1.7M$2.2M25xas long as short
Bybit SXTUSDT+0.0100%4h0.008911−0.045%$558K$303K13xas long as short
MEXC SXT_USDTlong+0.0100%4h0.008915long leg$2.0M$122K50x
KuCoin SXTUSDTM+0.0100%4h0.008930+0.168%$127K$90K25xas long as short
Bitget SXTUSDT+0.0100%4h0.008918+0.034%$491K$98K25xas long as short
BingX SXT-USDT+0.0100%4h0.008919+0.045%$6.5Mas long as short
Variational Omni SXT+0.0100%4h0.008913−0.025%$439$4Kas long as short
BloFin SXT-USDTshort+0.0140%4h0.008934+0.213%$112K$11K25x