Funding you earn now, next payment 00:00 UTC−0.0483%/8h= −52.9% APRnext payment −$2.42 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against Binance−0.130%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$861as in the Funding arb table
Net, price: spread back to 7d avg − costs−$857as in the Price arb table
costs, in and out, $10k−$8508.498% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.130%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.075% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | 0.06687 | 0.0583 | pay 0.0292% / 4h | 2h 13m | $2.6M | $2.8M | 25x |
| Short | Gate SLX_USDT | 0.06678 | 0.0100 | get 0.0050% / 4h | 2h 13m | $315K | $617K | 25x |
Binance SLXUSDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$101.44
- Price spread: −0.130% → −0.055%
- −$7.54
- Slippage, 4 orders
- −$824.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$958.78
- Costs to cover
- 8.498%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: 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, 7 min ago | 1.50 bp | 18.0 bp −$18 | 115.2 bp −$1,152 | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 5.98 bp | 498.2 bp −$498 | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.06678 | −0.130% | $315K | $617K | 25x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06682 | −0.071% | $983K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06693 | +0.094% | $1K | $403K | 20x | as long as short |
| Bitget SLXUSDT | +0.0160% | 4h | 0.06679 | −0.115% | $1.0M | $371K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0288% | 4h | 0.06685 | −0.026% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0582% | 4h | 0.06680 | −0.100% | $2.0M | $208K | 20x | as long as short |
| Binance SLXUSDTlong | +0.0583% | 4h | 0.06687 | long leg | $2.6M | $2.8M | 25x | |
| BloFin SLX-USDT | +0.0620% | 4h | 0.06677 | −0.145% | $169K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0650% | 4h | 0.06668 | −0.276% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3244% | 4h | 0.06672 | −0.220% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
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 | +0.3372% | 4h | 0.06654 | −0.489% | $960K | $327K | 20x | as long as short |
Bybit SLXUSDT