Funding you earn now, next payment 00:00 UTC−0.3094%/8h= −338.8% APRnext payment −$15.47 per $10,000 · paid last 24h −0.626%
Price spread now: Bitget against BingX+0.166%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$870.873% of the position
Funding, last 7 days−0.841%−$84 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.166%, 7d avg +0.012%
=The price spread pays, funding is against you. Bitget is 0.154% dearer against BingX than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.012%): +$15 on $10k if it goes back. Holding the pair costs −$93 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.841% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.841% in total (about -43.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.47 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 | BingX SLX-USDT | 0.06646 | 0.3194 | pay 0.1597% / 4h | 1h 01m | — | $1.7M | — |
| Short | Bitget SLXUSDT | 0.06657 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1.0M | $363K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$649.74
- Price spread: +0.166% → +0.012%
- $15.35
- Slippage, 4 orders
- −$65.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$721.7
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 10 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, 11 min ago | 3.02 bp | 18.1 bp −$18 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 1.51 bp | 24.9 bp −$25 | 226.2 bp −$2,262 | 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_USDT | +0.0100% | 4h | 0.06650 | +0.060% | $313K | $632K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06650 | +0.060% | $972K | $1.7M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0100% | 4h | 0.06657 | +0.166% | $1.0M | $363K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06657 | +0.166% | $1K | $417K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0221% | 4h | 0.06657 | +0.166% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0434% | 4h | 0.06640 | −0.090% | $2.0M | $208K | 20x | as long as short |
| Binance SLXUSDT | +0.0435% | 4h | 0.06655 | +0.137% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDT | +0.0472% | 4h | 0.06657 | +0.166% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0498% | 4h | 0.06637 | −0.134% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDTlong | +0.3194% | 4h | 0.06646 | long leg | — | $1.7M | — |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3397% | 4h | 0.06629 | −0.256% | $960K | $348K | 20x | as long as short |
BingX SLX-USDT
Bitget SLXUSDT
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
Bybit SLXUSDT