Funding you earn now, next payment 04:00 UTC−0.2190%/8h= −239.8% APRnext payment −$10.95 per $10,000 · paid last 24h −0.686%
Price spread now: Gate against Bybit+0.273%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$882as in the Funding arb table
Net, price: spread back to 7d avg − costs−$783as in the Price arb table
costs, in and out, $10k−$8028.016% of the position
Funding, last 7 days−0.809%−$81 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.273%, 7d avg +0.088%
=The price spread pays, funding is against you. Gate is 0.185% dearer against Bybit than usual: you sell high and buy low (spread +0.273% now, against its 7-day average of +0.088%): +$19 on $10k if it goes back. Holding the pair costs −$66 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.809% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.809% in total (about -42.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.95 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 | 0.2632 | pay 0.1316% / 4h | 3h 43m | $973K | $364K | 20x |
| Short | Gate SLX_USDT | 0.06609 | 0.0442 | get 0.0221% / 4h | 3h 43m | $311K | $648K | 25x |
Bybit SLXUSDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$459.97
- Price spread: +0.273% → +0.088%
- $18.51
- Slippage, 4 orders
- −$775.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,243.06
- Costs to cover
- 8.016%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 27 min ago; Gate: live order book, 28 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, 27 min ago | 3.78 bp | 137.4 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 3.01 bp | 300.5 bp −$300 | 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 | 0.06608 | +0.258% | $972K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06621 | +0.455% | $1K | $432K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0291% | 4h | 0.06621 | +0.455% | $1.8M | $1.8M | 20x | as long as short |
| Gate SLX_USDTshort | +0.0442% | 4h | 0.06609 | +0.273% | $311K | $648K | 25x | |
| Bitget SLXUSDT | +0.0450% | 4h | 0.06615 | +0.364% | $1.0M | $333K | 20x | as long as short |
| MEXC SLX_USDT | +0.0542% | 4h | 0.06600 | +0.137% | $1.9M | $220K | 20x | as long as short |
| Binance SLXUSDT | +0.0543% | 4h | 0.06619 | +0.424% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0588% | 4h | 0.06608 | +0.258% | $166K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0597% | 4h | 0.06608 | +0.257% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.1394% | 4h | 0.06606 | +0.228% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
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 | +0.2632% | 4h | 0.06591 | long leg | $973K | $364K | 20x |