Funding you earn now, next payment 04:00 UTC−0.0680%/8h= −74.4% APRnext payment −$3.40 per $10,000 · paid last 24h −0.183%
Price spread now: KuCoin against BloFin−0.106%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$764as in the Funding arb table
Net, price: spread back to 7d avg − costs−$731as in the Price arb table
costs, in and out, $10k−$7277.266% of the position
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.106%, 7d avg −0.062%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.044% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.379% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.40 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 | BloFin SLX-USDT | 0.06611 | 0.0780 | pay 0.0390% / 4h | 42m 34s | $168K | $3K | 25x |
| Short | KuCoin SLXUSDTM | 0.06604 | 0.0100 | get 0.0050% / 4h | 42m 34s | $967K | $1.6M | 20x |
BloFin SLX-USDT
KuCoin SLXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$142.71
- Price spread: −0.106% → −0.062%
- −$4.37
- Slippage, 4 orders
- −$702.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$873.63
- Costs to cover
- 7.266%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; KuCoin: 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 BloFin live order book, 55 min ago | 1.50 bp | 16.6 bp −$17 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.54 bp | 402.5 bp −$403 | 990.5 bp −$9,905 | 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 SLXUSDTMshort | +0.0100% | 4h | 0.06604 | −0.106% | $967K | $1.6M | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06625 | +0.212% | $1K | $431K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0325% | 4h | 0.06604 | −0.106% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0404% | 4h | 0.06605 | −0.091% | $1.0M | $276K | 20x | as long as short |
| Gate SLX_USDT | +0.0502% | 4h | 0.06607 | −0.061% | $303K | $690K | 25x | as long as short |
| MEXC SLX_USDT | +0.0734% | 4h | 0.06600 | −0.166% | $1.8M | $226K | 20x | as long as short |
| Binance SLXUSDT | +0.0745% | 4h | 0.06605 | −0.087% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDTlong | +0.0780% | 4h | 0.06611 | long leg | $168K | $3K | 25x | |
| Aster SLXUSDT | +0.0784% | 4h | 0.06602 | −0.136% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDT | +0.1661% | 4h | 0.06600 | −0.166% | — | $1.7M | — | as long as short |
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.1703% | 4h | 0.06584 | −0.408% | $993K | $411K | 20x | as long as short |
Bybit SLXUSDT