Funding you earn now, next payment 00:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against BingX−0.210%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$464as in the Funding arb table
Net, price: spread back to 7d avg − costs−$459as in the Price arb table
costs, in and out, $10k−$4484.481% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.210%, 7d avg −0.100%
=Funding pays, the price is against you. Bybit is 0.110% cheaper against BingX than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.100%). If the spread goes back, that is −$11 on $10k: about 47 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SLX-USDT | 0.06666 | 0.2946 | pay 0.1473% / 4h | 1h 44m | — | $1.7M | — |
| Short | Bybit SLXUSDT | 0.06652 | 0.3132 | get 0.1566% / 4h | 1h 44m | $965K | $336K | 20x |
BingX SLX-USDT
Bybit SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $39.1
- Price spread: −0.210% → −0.100%
- −$10.96
- Slippage, 4 orders
- −$427.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$419.95
- Costs to cover
- 4.481%
- Break-even
- 82.2 days
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 36 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, 3 min ago | 5.26 bp | 19.4 bp −$19 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 36 min ago | 0.75 bp | 206.8 bp −$207 | 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_USDT | +0.0100% | 4h | 0.06672 | +0.090% | $314K | $617K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06674 | +0.120% | $981K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06676 | +0.150% | $1.0M | $371K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06687 | +0.315% | $1K | $406K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0191% | 4h | 0.06680 | +0.210% | $1.8M | $1.8M | 20x | as long as short |
| BloFin SLX-USDT | +0.0504% | 4h | 0.06678 | +0.180% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0534% | 4h | 0.06670 | +0.060% | $2.0M | $206K | 20x | as long as short |
| Binance SLXUSDT | +0.0535% | 4h | 0.06681 | +0.221% | $2.6M | $2.8M | 25x | as long as short |
| Aster SLXUSDT | +0.0585% | 4h | 0.06663 | −0.045% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDTlong | +0.2946% | 4h | 0.06666 | long leg | — | $1.7M | — |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDTshort | +0.3132% | 4h | 0.06652 | −0.210% | $965K | $336K | 20x |