Funding you earn now, next payment 00:00 UTC+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.121%
Price spread now: BloFin against Bitget+0.196%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.196%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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 | Bitget SLXUSDT | 0.06641 | 0.0242 | pay 0.0121% / 4h | 9m 02s | $1.0M | $357K | 20x |
| Short | BloFin SLX-USDT | 0.06654 | 0.0534 | get 0.0267% / 4h | 9m 02s | $166K | $3K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $61.3
- Price spread: +0.196% → +0.050%
- $14.54
- Slippage, 4 orders
- −$55.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.88
- Costs to cover
- 0.797%
- Break-even
- 7.4 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 53 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 Bitget live order book, 2 min ago | 3.01 bp | 24.0 bp −$24 | 263.0 bp −$2,630 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 3.76 bp | 16.9 bp −$17 | 35.7 bp −$357 | 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 | 0.06645 | +0.060% | $967K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06655 | +0.211% | $1K | $423K | 20x | as long as short |
| Gate SLX_USDT | +0.0228% | 4h | 0.06645 | +0.060% | $316K | $649K | 25x | as long as short |
| Bitget SLXUSDTlong | +0.0242% | 4h | 0.06641 | long leg | $1.0M | $357K | 20x | |
| OKX SLX-USDT-SWAP | +0.0257% | 4h | 0.06649 | +0.120% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0520% | 4h | 0.06650 | +0.136% | $1.9M | $223K | 20x | as long as short |
| Binance SLXUSDT | +0.0523% | 4h | 0.06652 | +0.166% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0534% | 4h | 0.06654 | +0.196% | $166K | $3K | 25x | |
| Aster SLXUSDT | +0.0579% | 4h | 0.06647 | +0.094% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.3182% | 4h | 0.06642 | +0.015% | — | $1.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3232% | 4h | 0.06618 | −0.346% | $971K | $357K | 20x | as long as short |
Bitget SLXUSDT
BloFin SLX-USDT
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDT
Bybit SLXUSDT