Funding you earn now, next payment 04:00 UTC−0.1792%/8h= −196.2% APRnext payment −$8.96 per $10,000 · paid last 24h −0.628%
Price spread now: BloFin against Bybit+0.319%92s7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3163.157% of the position
Funding, last 7 days−0.691%−$69 on $10k
+Price spread, last 3 days (all we have)−0.266%−$27 · spread now +0.319%, 7d avg +0.179%
=The price spread pays, funding is against you. BloFin is 0.140% dearer against Bybit than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.179%): +$14 on $10k if it goes back. Holding the pair costs −$54 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.691% in total) that is about 34 hours. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.691% in total (about -36.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.96 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 | 0.06591 | 0.2371 | pay 0.1185% / 4h | 3h 39m | $974K | $364K | 20x |
| Short | BloFin SLX-USDT | 0.06612 | 0.0579 | get 0.0289% / 4h | 3h 39m | $166K | $3K | 25x |
Bybit SLXUSDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$376.27
- Price spread: +0.319% → +0.179%
- $14
- Slippage, 4 orders
- −$292.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$677.94
- Costs to cover
- 3.157%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 31 min ago; BloFin: live order book, 17 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, 31 min ago | 3.78 bp | 137.4 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.75 bp | 15.0 bp −$15 | 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 | 0.06613 | +0.334% | $973K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06626 | +0.531% | $917 | $433K | 20x | as long as short |
| Gate SLX_USDT | +0.0170% | 4h | 0.06607 | +0.243% | $305K | $661K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0274% | 4h | 0.06612 | +0.319% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDT | +0.0438% | 4h | 0.06609 | +0.273% | $1.0M | $325K | 20x | as long as short |
| Binance SLXUSDT | +0.0544% | 4h | 0.06610 | +0.288% | $2.5M | $3.0M | 25x | as long as short |
| MEXC SLX_USDT | +0.0554% | 4h | 0.06600 | +0.137% | $1.9M | $220K | 20x | as long as short |
| BloFin SLX-USDTshort | +0.0579% | 4h | 0.06612 | +0.319% | $166K | $3K | 25x | |
| Aster SLXUSDT | +0.0599% | 4h | 0.06616 | +0.379% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.2112% | 4h | 0.06604 | +0.197% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Binance SLXUSDT
MEXC 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 | +0.2371% | 4h | 0.06591 | long leg | $974K | $364K | 20x |