Settings8H · net · $10k
Funding arb · Price arb /

SXT

all SXT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.178%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,152as in the Price arb table
costs, in and out, $10k−$1,15811.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.178%, 7d avg +0.125%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SXTUSDT0.0089640.0040pay 0.0020% / 4h1h 20m$549K$309K13x
ShortKuCoin SXTUSDTM0.0089800.0100get 0.0050% / 4h1h 20m$129K$81K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$12.57
Price spread: +0.178% → +0.125%
$5.36
Slippage, 4 orders
−$1,134.83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,139.91
Costs to cover
11.578%
Break-even
642.0 days
Slippage from Bybit: live order book, 14 min ago; KuCoin: live order book, 20 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 Bybit live order book, 14 min ago3.94 bp93.5 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 20 min ago11.25 bp232.9 bp −$233doesn't fitdoesn'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
Bybit SXTUSDTlong+0.0040%4h0.008964long leg$549K$309K13x
BloFin SXT-USDT+0.0061%4h0.008958−0.067%$110K$12K25xas long as short
Aster SXTUSDT+0.0100%4h0.008976+0.134%$6K$755xas long as short
Binance SXTUSDT+0.0100%4h0.008976+0.134%$1.7M$2.2M25xas long as short
MEXC SXT_USDT+0.0100%4h0.008976+0.134%$2.0M$123K50xas long as short
KuCoin SXTUSDTMshort+0.0100%4h0.008980+0.178%$129K$81K25x
Bitget SXTUSDT+0.0100%4h0.008966+0.022%$485K$118K25xas long as short
BingX SXT-USDT+0.0100%4h0.008970+0.067%$6.5Mas long as short
Variational Omni SXT+0.0100%4h0.008959−0.057%$441$5Kas long as short