Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.6% APRnext payment +$0.80 per $10,000 · paid last 24h +0.117%
Price spread now: OKX against Bitget−0.015%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.015%, 7d avg +0.064%
=Funding pays, the price is against you. OKX is 0.079% cheaper against Bitget than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.064%). If the spread goes back, that is −$8 on $10k: about 39 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SLXUSDT | 0.06640 | 0.0100 | pay 0.0050% / 4h | 31m 18s | $1.0M | $361K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06639 | 0.0260 | get 0.0130% / 4h | 31m 18s | $1.8M | $1.8M | 20x |
Bitget SLXUSDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $33.67
- Price spread: −0.015% → +0.064%
- −$7.86
- Slippage, 4 orders
- −$71.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.87
- Costs to cover
- 0.937%
- Break-even
- 21.1 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago | 3.77 bp | 30.9 bp −$31 | 151.6 bp −$1,516 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 0.75 bp | 20.0 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06635 | −0.075% | $965K | $1.7M | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0100% | 4h | 0.06640 | long leg | $1.0M | $361K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06650 | +0.151% | $1K | $423K | 20x | as long as short |
| Gate SLX_USDT | +0.0128% | 4h | 0.06637 | −0.045% | $316K | $643K | 25x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0260% | 4h | 0.06639 | −0.015% | $1.8M | $1.8M | 20x | |
| MEXC SLX_USDT | +0.0474% | 4h | 0.06630 | −0.151% | $1.9M | $216K | 20x | as long as short |
| Binance SLXUSDT | +0.0483% | 4h | 0.06640 | −0.002% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDT | +0.0539% | 4h | 0.06642 | +0.030% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0542% | 4h | 0.06635 | −0.077% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.3455% | 4h | 0.06628 | −0.181% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3598% | 4h | 0.06611 | −0.437% | $970K | $356K | 20x | as long as short |
Bybit SLXUSDT