Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.056%115s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as 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−$1471.465% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.056%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.060% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 115 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 | Bitget SXTUSDT | 0.008867 | 0.0100 | pay 0.0050% / 4h | 41m 24s | $480K | $113K | 25x |
| Short | BloFin SXT-USDT | 0.008862 | 0.0074 | get 0.0037% / 4h | 41m 24s | $112K | $12K | 25x |
Bitget SXTUSDT
BloFin SXT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$5.38
- Price spread: −0.056% → +0.004%
- −$6
- Slippage, 4 orders
- −$122.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$157.91
- Costs to cover
- 1.465%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; BloFin: live order book, 54 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 Bitget live order book, 9 min ago | 8.46 bp | 47.6 bp −$48 | 333.3 bp −$3,333 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 2.81 bp | 32.2 bp −$32 | 102.3 bp −$1,023 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SXT-USDTshort | +0.0074% | 4h | 0.008862 | −0.056% | $112K | $12K | 25x | |
| Aster SXTUSDT | +0.0100% | 4h | 0.008833 | −0.380% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008873 | +0.068% | $1.7M | $2.3M | 25x | as long as short |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008858 | −0.101% | $550K | $313K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008867 | 0.000% | $2.0M | $121K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008880 | +0.147% | $128K | $91K | 25x | as long as short |
| Bitget SXTUSDTlong | +0.0100% | 4h | 0.008867 | long leg | $480K | $113K | 25x | |
| BingX SXT-USDT | +0.0100% | 4h | 0.008862 | −0.056% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008880 | +0.151% | $437 | $4K | — | as long as short |
Aster SXTUSDT
Binance SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
BingX SXT-USDT
Variational Omni SXT