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

SXT

all SXT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin−0.134%111s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1391.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now −0.134%, 7d avg −0.017%
Together, before fees−0.185%−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.117% cheaper against BloFin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SXT-USDT0.0089220.0097pay 0.0048% / 4h1h 11m$112K$11K25x
ShortBingX SXT-USDT0.0089100.0100get 0.0050% / 4h1h 11m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$0.69
Price spread: −0.134% → −0.017%
−$11.72
Slippage, 4 orders
−$117.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$150.41
Costs to cover
1.394%
Break-even
1534.2 days
Slippage from BloFin: live order book, 24 min ago; BingX: live order book, 4 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 BloFin live order book, 24 min ago2.81 bp26.3 bp −$2685.2 bp −$852doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.16 bp47.4 bp −$47119.3 bp −$1,1931007.3 bp −$100.7K1354.9 bp −$677.5K

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
BloFin SXT-USDTlong+0.0097%4h0.008922long leg$112K$11K25x
Aster SXTUSDT+0.0100%4h0.008913−0.103%$6K$2455xas long as short
Binance SXTUSDT+0.0100%4h0.008910−0.135%$1.7M$2.2M25xas long as short
Bybit SXTUSDT+0.0100%4h0.008897−0.280%$557K$303K13xas long as short
MEXC SXT_USDT+0.0100%4h0.008911−0.123%$2.0M$122K50xas long as short
KuCoin SXTUSDTM+0.0100%4h0.008920−0.022%$127K$90K25xas long as short
Bitget SXTUSDT+0.0100%4h0.008912−0.112%$490K$98K25xas long as short
BingX SXT-USDTshort+0.0100%4h0.008910−0.134%$6.5M
Variational Omni SXT+0.0100%4h0.008913−0.104%$439$4Kas long as short