Funding you earn now, next payment 00:00 UTC−0.0308%/8h= −33.7% APRnext payment −$1.54 per $10,000 · paid last 24h −0.123%
Price spread now: Bitget against Binance0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg −0.024%
=The price spread pays, funding is against you. Bitget is 0.024% dearer against Binance than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.024%): +$2 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.120% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.54 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 | 0.06641 | 0.0522 | pay 0.0261% / 4h | 11m 31s | $2.5M | $2.9M | 25x |
| Short | Bitget SLXUSDT | 0.06641 | 0.0214 | get 0.0107% / 4h | 11m 31s | $1.0M | $357K | 20x |
Binance SLXUSDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$64.6
- Price spread: 0.000% → −0.024%
- $2.39
- Slippage, 4 orders
- −$61.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$146.2
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 4 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, 9 min ago | 0.75 bp | 15.1 bp −$15 | 93.0 bp −$930 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.26 bp | 24.5 bp −$25 | 113.2 bp −$1,132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06642 | +0.015% | $966K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06655 | +0.211% | $1K | $423K | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0214% | 4h | 0.06641 | 0.000% | $1.0M | $357K | 20x | |
| Gate SLX_USDT | +0.0220% | 4h | 0.06642 | +0.015% | $316K | $648K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0261% | 4h | 0.06638 | −0.045% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0516% | 4h | 0.06640 | −0.015% | $1.9M | $223K | 20x | as long as short |
| BloFin SLX-USDT | +0.0518% | 4h | 0.06643 | +0.030% | $166K | $3K | 25x | as long as short |
| Binance SLXUSDTlong | +0.0522% | 4h | 0.06641 | long leg | $2.5M | $2.9M | 25x | |
| Aster SLXUSDT | +0.0579% | 4h | 0.06643 | +0.035% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.3182% | 4h | 0.06632 | −0.136% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3275% | 4h | 0.06614 | −0.407% | $970K | $357K | 20x | as long as short |
Bybit SLXUSDT