Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against BloFin−0.270%102s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as 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−$2452.447% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 3 days (all we have)+0.185%+$19 · spread now −0.270%, 7d avg −0.041%
=Funding pays, the price is against you. Bybit is 0.229% cheaper against BloFin than usual: you would sell low and buy high (spread −0.270% now, against its 7-day average of −0.041%). If the spread goes back, that is −$23 on $10k: about 13 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour. The two prices were read 102 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 | BloFin SXT-USDT | 0.008886 | 0.0041 | pay 0.0021% / 4h | 2h 47m | $110K | $13K | 25x |
| Short | Bybit SXTUSDT | 0.008862 | 0.0100 | get 0.0050% / 4h | 2h 47m | $548K | $306K | 13x |
BloFin SXT-USDT
Bybit SXTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $12.33
- Price spread: −0.270% → −0.041%
- −$22.87
- Slippage, 4 orders
- −$221.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$255.25
- Costs to cover
- 2.447%
- Break-even
- 152.0 days
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 13 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 BloFin live order book, 2 min ago | 2.25 bp | 12.7 bp −$13 | 90.7 bp −$907 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 13 min ago | 7.37 bp | 100.5 bp −$100 | doesn't fit | 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-USDTlong | +0.0041% | 4h | 0.008886 | long leg | $110K | $13K | 25x | |
| Aster SXTUSDT | +0.0100% | 4h | 0.008816 | −0.787% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008871 | −0.172% | $1.7M | $2.2M | 25x | as long as short |
| Bybit SXTUSDTshort | +0.0100% | 4h | 0.008862 | −0.270% | $548K | $306K | 13x | |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008869 | −0.191% | $2.0M | $121K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.008880 | −0.068% | $127K | $91K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008862 | −0.270% | $488K | $108K | 25x | as long as short |
| BingX SXT-USDT | +0.0100% | 4h | 0.008866 | −0.225% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008841 | −0.505% | $524 | $4K | — | as long as short |
Aster SXTUSDT
Binance SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
BingX SXT-USDT
Variational Omni SXT