Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.137%
Price spread now: MEXC against Bitget−0.287%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.287%, 7d avg −0.064%
=Funding pays, the price is against you. MEXC is 0.222% cheaper against Bitget than usual: you would sell low and buy high (spread −0.287% now, against its 7-day average of −0.064%). If the spread goes back, that is −$22 on $10k: about 3.3 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.133% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 | 0.06629 | 0.0370 | pay 0.0185% / 4h | 3h 18m | $1.0M | $320K | 20x |
| Short | MEXC SLX_USDT | 0.06610 | 0.0592 | get 0.0296% / 4h | 3h 18m | $1.9M | $222K | 20x |
Bitget SLXUSDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $46.62
- Price spread: −0.287% → −0.064%
- −$22.22
- Slippage, 4 orders
- −$49.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.5
- Costs to cover
- 0.659%
- Break-even
- 13.2 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 3 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 | 3.02 bp | 24.6 bp −$25 | 142.5 bp −$1,425 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 7.54 bp | 9.5 bp −$10 | 37.9 bp −$379 | 281.7 bp −$28.2K | 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 | 0.06626 | −0.045% | $978K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06649 | +0.302% | $1K | $433K | 20x | as long as short |
| Gate SLX_USDT | +0.0308% | 4h | 0.06627 | −0.030% | $306K | $670K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0356% | 4h | 0.06626 | −0.045% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0370% | 4h | 0.06629 | long leg | $1.0M | $320K | 20x | |
| MEXC SLX_USDTshort | +0.0592% | 4h | 0.06610 | −0.287% | $1.9M | $222K | 20x | |
| Binance SLXUSDT | +0.0594% | 4h | 0.06620 | −0.129% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0627% | 4h | 0.06635 | +0.091% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0647% | 4h | 0.06630 | +0.010% | $15K | $26K | 10x | as long as short |
| Bybit SLXUSDT | +0.2170% | 4h | 0.06604 | −0.377% | $974K | $365K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.2530% | 4h | 0.06619 | −0.151% | — | $1.7M | — | as long as short |
BingX SLX-USDT