Funding you earn now, next payment 04:00 UTC−0.1703%/8h= −186.5% APRnext payment −$8.52 per $10,000 · paid last 24h −0.765%
Price spread now: Bitget against Bybit+0.391%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2302.295% of the position
Funding, last 7 days−0.821%−$82 on $10k
+Price spread, last 4 days (all we have)−0.359%−$36 · spread now +0.391%, 7d avg +0.124%
=The price spread pays, funding is against you. Bitget is 0.266% dearer against Bybit than usual: you sell high and buy low (spread +0.391% now, against its 7-day average of +0.124%): +$27 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.821% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.821% in total (about -42.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.52 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 | Bybit SLXUSDT | 0.06653 | 0.2169 | pay 0.1085% / 4h | 1h 17m | $1.0M | $410K | 20x |
| Short | Bitget SLXUSDT | 0.06679 | 0.0466 | get 0.0233% / 4h | 1h 17m | $1.0M | $277K | 20x |
Bybit SLXUSDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$357.68
- Price spread: +0.391% → +0.124%
- $26.64
- Slippage, 4 orders
- −$206.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$560.58
- Costs to cover
- 2.295%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: 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 Bybit live order book, 3 min ago | 0.75 bp | 92.4 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.99 bp | 19.7 bp −$20 | 161.7 bp −$1,617 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06684 | +0.466% | $1K | $431K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0150% | 4h | 0.06676 | +0.346% | $980K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0396% | 4h | 0.06676 | +0.346% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0466% | 4h | 0.06679 | +0.391% | $1.0M | $277K | 20x | |
| Gate SLX_USDT | +0.0570% | 4h | 0.06677 | +0.361% | $307K | $692K | 25x | as long as short |
| MEXC SLX_USDT | +0.0794% | 4h | 0.06670 | +0.256% | $1.8M | $232K | 20x | as long as short |
| Binance SLXUSDT | +0.0796% | 4h | 0.06676 | +0.348% | $2.6M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0829% | 4h | 0.06688 | +0.526% | $168K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0852% | 4h | 0.06667 | +0.203% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1950% | 4h | 0.06671 | +0.271% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
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 SLXUSDTlong | +0.2169% | 4h | 0.06653 | long leg | $1.0M | $410K | 20x |