Funding you earn now, next payment 04:00 UTC−0.0705%/8h= −77.2% APRnext payment −$3.53 per $10,000 · paid last 24h −0.180%
Price spread now: KuCoin against Binance−0.015%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$515as in the Price arb table
costs, in and out, $10k−$5195.186% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.015%, 7d avg −0.053%
=The price spread pays, funding is against you. KuCoin is 0.038% dearer against Binance than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.053%): +$4 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.376% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.376% in total (about -19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.53 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 | 0.06649 | 0.0805 | pay 0.0403% / 4h | 26m 23s | $2.5M | $3.0M | 25x |
| Short | KuCoin SLXUSDTM | 0.06648 | 0.0100 | get 0.0050% / 4h | 26m 23s | $971K | $1.6M | 20x |
Binance SLXUSDT
KuCoin SLXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$148.07
- Price spread: −0.015% → −0.053%
- $3.84
- Slippage, 4 orders
- −$496.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$662.86
- Costs to cover
- 5.186%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 5 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 | 1.51 bp | 16.7 bp −$17 | 112.7 bp −$1,127 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.25 bp | 225.6 bp −$226 | 974.3 bp −$9,743 | 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 SLXUSDTMshort | +0.0100% | 4h | 0.06648 | −0.015% | $971K | $1.6M | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06656 | +0.105% | $2K | $436K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0314% | 4h | 0.06649 | 0.000% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0476% | 4h | 0.06647 | −0.030% | $1.0M | $277K | 20x | as long as short |
| Gate SLX_USDT | +0.0558% | 4h | 0.06645 | −0.060% | $305K | $698K | 25x | as long as short |
| BloFin SLX-USDT | +0.0801% | 4h | 0.06646 | −0.045% | $166K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0804% | 4h | 0.06640 | −0.135% | $1.8M | $227K | 20x | as long as short |
| Binance SLXUSDTlong | +0.0805% | 4h | 0.06649 | long leg | $2.5M | $3.0M | 25x | |
| Aster SLXUSDT | +0.0857% | 4h | 0.06634 | −0.226% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDT | +0.1594% | 4h | 0.06644 | −0.075% | — | $1.7M | — | as long as short |
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
BloFin SLX-USDT
MEXC 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 | +0.1679% | 4h | 0.06631 | −0.271% | $1.0M | $421K | 20x | as long as short |
Bybit SLXUSDT