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

SENT

all SENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.310%109s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.310%, 7d avg +0.014%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.296% dearer against MEXC than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SENT_USDT0.019360.0100pay 0.0050% / 4h59m 25s$484K$261K20x
ShortBloFin SENT-USDT0.019420.0140get 0.0070% / 4h59m 25s$287K$18K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$8.48
Price spread: +0.310% → +0.014%
$29.56
Slippage, 4 orders
−$52.41
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$30.38
Costs to cover
0.684%
Break-even
32.1 days
Slippage from MEXC: live order book, 35 min ago; BloFin: 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 MEXC live order book, 35 min ago2.55 bp10.9 bp −$1161.7 bp −$617318.5 bp −$31.9Kdoesn't fit
Sell BloFin live order book, 20 min ago5.10 bp20.5 bp −$2161.1 bp −$611329.1 bp −$32.9Kdoesn't fit

SENT on 11 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
Aster SENTUSDT+0.0100%4h0.01937+0.055%$10K$7K5xas long as short
Binance SENTUSDT+0.0100%4h0.01936+0.024%$6.3M$3.4M75xas long as short
Bybit SENTUSDT+0.0100%4h0.01936−0.005%$1.9M$1.0M50xas long as short
OKX SENT-USDT-SWAP+0.0100%4h0.01933−0.155%$1.2M$890K50xas long as short
Gate SENT_USDT+0.0100%4h0.01935−0.052%$272K$69K50xas long as short
MEXC SENT_USDTlong+0.0100%4h0.01936long leg$484K$261K20x
KuCoin SENTUSDTM+0.0100%4h0.019360.000%$580K$146K50xas long as short
Bitget SENTUSDT+0.0100%4h0.01935−0.052%$1.1M$374K20xas long as short
BingX SENT-USDT+0.0100%4h0.01935−0.052%$1.9Mas long as short
SunX SENT-USDT+0.0100%4h0.01941+0.258%$3K$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SENT-USDTshort+0.0140%4h0.01942+0.310%$287K$18K75x