Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.120%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.120%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.065% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SLXUSDT | 0.06648 | 0.0665 | pay 0.0333% / 4h | 3h 13m | $2.5M | $3.0M | 25x |
| Short | MEXC SLX_USDT | 0.06640 | 0.0640 | get 0.0320% / 4h | 3h 13m | $1.9M | $222K | 20x |
Binance SLXUSDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.27
- Price spread: −0.120% → −0.055%
- −$6.53
- Slippage, 4 orders
- −$37.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.39
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 3 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 | 0.75 bp | 16.3 bp −$16 | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 7.52 bp | 9.5 bp −$10 | 32.0 bp −$320 | 274.5 bp −$27.5K | 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 | 0.06646 | −0.030% | $981K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06662 | +0.211% | $1K | $432K | 20x | as long as short |
| Bitget SLXUSDT | +0.0370% | 4h | 0.06647 | −0.015% | $1.0M | $306K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0386% | 4h | 0.06649 | +0.015% | $1.8M | $1.8M | 20x | as long as short |
| Gate SLX_USDT | +0.0542% | 4h | 0.06644 | −0.060% | $307K | $672K | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0640% | 4h | 0.06640 | −0.120% | $1.9M | $222K | 20x | |
| Binance SLXUSDTlong | +0.0665% | 4h | 0.06648 | long leg | $2.5M | $3.0M | 25x | |
| BloFin SLX-USDT | +0.0670% | 4h | 0.06655 | +0.105% | $168K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0704% | 4h | 0.06647 | −0.010% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.2104% | 4h | 0.06639 | −0.135% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
OKX SLX-USDT-SWAP
Gate 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 | +0.2672% | 4h | 0.06628 | −0.301% | $978K | $365K | 20x | as long as short |
Bybit SLXUSDT