Funding you earn now, next payment 04:00 UTC−0.1636%/8h= −179.1% APRnext payment −$8.18 per $10,000 · paid last 24h −0.645%
Price spread now: OKX against BingX+0.030%7-day average +0.033% · 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−$74as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.673%−$67 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.030%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$49 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.673% in total (about -35.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.18 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 | 0.06651 | 0.1956 | pay 0.0978% / 4h | 2h 05m | — | $1.7M | — |
| Short | OKX SLX-USDT-SWAP | 0.06653 | 0.0320 | get 0.0160% / 4h | 2h 05m | $1.8M | $1.7M | 20x |
BingX SLX-USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$343.5
- Price spread: +0.030% → +0.033%
- −$0.29
- Slippage, 4 orders
- −$54.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$418
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; OKX: live order book, 1 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 | 3.01 bp | 19.2 bp −$19 | 73.5 bp −$735 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.75 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SLX on 10 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 | 0.06657 | +0.090% | $975K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06670 | +0.286% | $900 | $441K | 20x | as long as short |
| Bitget SLXUSDT | +0.0210% | 4h | 0.06659 | +0.120% | $1.0M | $290K | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0320% | 4h | 0.06653 | +0.030% | $1.8M | $1.7M | 20x | |
| Gate SLX_USDT | +0.0384% | 4h | 0.06659 | +0.120% | $306K | $683K | 25x | as long as short |
| MEXC SLX_USDT | +0.0676% | 4h | 0.06650 | −0.015% | $1.8M | $234K | 20x | as long as short |
| Binance SLXUSDT | +0.0678% | 4h | 0.06659 | +0.117% | $2.5M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0745% | 4h | 0.06647 | −0.064% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDTlong | +0.1956% | 4h | 0.06651 | long leg | — | $1.7M | — | |
| Bybit SLXUSDT | +0.2114% | 4h | 0.06641 | −0.150% | $968K | $384K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
Gate SLX_USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
Bybit SLXUSDT