Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX+0.169%96s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.169%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.154% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SXT-USDT | 0.008864 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $6.5M | — |
| Short | BloFin SXT-USDT | 0.008879 | 0.0160 | get 0.0080% / 4h | 2h 55m | $111K | $11K | 25x |
BingX SXT-USDT
BloFin SXT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $12.59
- Price spread: +0.169% → +0.015%
- $15.45
- Slippage, 4 orders
- −$94.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.39
- Costs to cover
- 1.164%
- Break-even
- 56.1 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 60 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 BingX live order book, 5 min ago | 5.62 bp | 32.1 bp −$32 | 114.0 bp −$1,140 | 1039.1 bp −$103.9K | doesn't fit |
| Sell BloFin live order book, 60 min ago | 6.74 bp | 21.2 bp −$21 | 73.2 bp −$732 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SXTUSDT | −0.0034% | 4h | 0.008866 | +0.017% | $6K | $44 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008871 | +0.085% | $1.7M | $2.2M | 25x | as long as short |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008865 | +0.011% | $565K | $320K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008875 | +0.124% | $1.9M | $125K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008890 | +0.293% | $127K | $76K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008879 | +0.169% | $480K | $110K | 25x | as long as short |
| BingX SXT-USDTlong | +0.0100% | 4h | 0.008864 | long leg | — | $6.5M | — | |
| Variational Omni SXT | +0.0100% | 4h | 0.008874 | +0.116% | $438 | $6K | — | as long as short |
| BloFin SXT-USDTshort | +0.0160% | 4h | 0.008879 | +0.169% | $111K | $11K | 25x |
Aster SXTUSDT
Binance SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
Variational Omni SXT