Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin+0.135%80s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$610as 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−$6116.105% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.135%, 7d avg +0.084%
=The price spread pays, funding is against you. KuCoin is 0.051% dearer against BloFin than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.084%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. The two prices were read 80 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 | 0.008868 | 0.0130 | pay 0.0065% / 4h | 37m 55s | $109K | $13K | 25x |
| Short | KuCoin SXTUSDTM | 0.008880 | 0.0100 | get 0.0050% / 4h | 37m 55s | $128K | $91K | 25x |
BloFin SXT-USDT
KuCoin SXTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.21
- Price spread: +0.135% → +0.084%
- $5.12
- Slippage, 4 orders
- −$586.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$611.62
- Costs to cover
- 6.105%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 16 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, 22 min ago | 1.12 bp | 27.2 bp −$27 | 96.2 bp −$962 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 11.20 bp | 335.5 bp −$336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SXTUSDT | +0.0100% | 4h | 0.008817 | −0.571% | $6K | $245 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008872 | +0.047% | $1.6M | $2.2M | 25x | as long as short |
| Bybit SXTUSDT | +0.0100% | 4h | 0.008863 | −0.056% | $542K | $263K | 13x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008872 | +0.045% | $2.0M | $122K | 50x | as long as short |
| KuCoin SXTUSDTMshort | +0.0100% | 4h | 0.008880 | +0.135% | $128K | $91K | 25x | |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008869 | +0.011% | $483K | $98K | 25x | as long as short |
| BingX SXT-USDT | +0.0100% | 4h | 0.008867 | −0.011% | — | $6.5M | — | as long as short |
| Variational Omni SXT | +0.0100% | 4h | 0.008878 | +0.117% | $526 | $4K | — | as long as short |
| BloFin SXT-USDTlong | +0.0130% | 4h | 0.008868 | long leg | $109K | $13K | 25x |
Aster SXTUSDT
Binance SXTUSDT
Bybit SXTUSDT
MEXC SXT_USDT
Bitget SXTUSDT
BingX SXT-USDT
Variational Omni SXT