Funding you earn now, next payment 04:00 UTC−0.0851%/8h= −93.2% APRnext payment −$4.26 per $10,000 · paid last 24h −0.616%
Price spread now: Binance against BingX+0.197%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days−0.836%−$84 on $10k
+Price spread, last 7 days−0.210%−$21 · spread now +0.197%, 7d avg +0.022%
=The price spread pays, funding is against you. Binance is 0.175% dearer against BingX than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.022%): +$17 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.836% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SLX-USDT | 0.06611 | 0.1394 | pay 0.0697% / 4h | 3h 43m | — | $1.7M | — |
| Short | Binance SLXUSDT | 0.06624 | 0.0543 | get 0.0271% / 4h | 3h 43m | $2.5M | $3.0M | 25x |
BingX SLX-USDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$178.78
- Price spread: +0.197% → +0.022%
- $17.47
- Slippage, 4 orders
- −$38.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$219.48
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 7 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 BingX live order book, 9 min ago | 3.02 bp | 13.3 bp −$13 | 48.4 bp −$484 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.51 bp | 14.6 bp −$15 | 67.5 bp −$675 | 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 | 0.06612 | +0.015% | $973K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06621 | +0.151% | $1K | $432K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0291% | 4h | 0.06627 | +0.242% | $1.8M | $1.8M | 20x | as long as short |
| Gate SLX_USDT | +0.0442% | 4h | 0.06612 | +0.015% | $306K | $648K | 25x | as long as short |
| Bitget SLXUSDT | +0.0450% | 4h | 0.06615 | +0.061% | $1.0M | $333K | 20x | as long as short |
| MEXC SLX_USDT | +0.0542% | 4h | 0.06620 | +0.136% | $1.9M | $220K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0543% | 4h | 0.06624 | +0.197% | $2.5M | $3.0M | 25x | |
| BloFin SLX-USDT | +0.0588% | 4h | 0.06608 | −0.045% | $166K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0597% | 4h | 0.06610 | −0.016% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDTlong | +0.1394% | 4h | 0.06611 | long leg | — | $1.7M | — |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
Bitget SLXUSDT
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 | +0.2632% | 4h | 0.06603 | −0.121% | $974K | $365K | 20x | as long as short |
Bybit SLXUSDT