Funding you earn now, next payment 00:00 UTC+0.2441%/8h= +267.3% APRnext payment +$12.21 per $10,000 · paid last 24h +0.503%
Price spread now: BingX against Binance−0.135%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 7 days+0.721%+$72 on $10k
+Price spread, last 7 days+0.143%+$14 · spread now −0.135%, 7d avg −0.020%
=Funding pays, the price is against you. BingX is 0.115% cheaper against Binance than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.020%). If the spread goes back, that is −$11 on $10k: about 4 hours of funding at the current rate (+$73 a day). At the pace of the last 7 days (+0.721% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.721% in total (about 37.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SLXUSDT | 0.06681 | 0.0535 | pay 0.0267% / 4h | 1h 39m | $2.6M | $2.8M | 25x |
| Short | BingX SLX-USDT | 0.06672 | 0.2976 | get 0.1488% / 4h | 1h 39m | — | $1.7M | — |
Binance SLXUSDT
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $512.63
- Price spread: −0.135% → −0.020%
- −$11.5
- Slippage, 4 orders
- −$54.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $426.64
- Costs to cover
- 0.745%
- Break-even
- 1.2 days
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 8 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 Binance live order book, 11 min ago | 2.25 bp | 23.4 bp −$23 | 76.4 bp −$764 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.26 bp | 20.7 bp −$21 | 67.4 bp −$674 | doesn't fit | doesn't fit |
SLX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06680 | −0.015% | $315K | $620K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06681 | 0.000% | $979K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06681 | 0.000% | $1.0M | $371K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06682 | +0.015% | $1K | $406K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0193% | 4h | 0.06680 | −0.015% | $1.8M | $1.8M | 20x | as long as short |
| Binance SLXUSDTlong | +0.0535% | 4h | 0.06681 | long leg | $2.6M | $2.8M | 25x | |
| MEXC SLX_USDT | +0.0536% | 4h | 0.06670 | −0.165% | $2.0M | $206K | 20x | as long as short |
| BloFin SLX-USDT | +0.0579% | 4h | 0.06673 | −0.120% | $169K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0580% | 4h | 0.06668 | −0.194% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDTshort | +0.2976% | 4h | 0.06672 | −0.135% | — | $1.7M | — |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3192% | 4h | 0.06656 | −0.374% | $965K | $336K | 20x | as long as short |
Bybit SLXUSDT