Funding you earn now, next payment 00:00 UTC−0.2994%/8h= −327.9% APRnext payment −$14.97 per $10,000 · paid last 24h −0.495%
Price spread now: MEXC against Bybit+0.347%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4544.537% of the position
Funding, last 7 days−0.565%−$56 on $10k
+Price spread, last 4 days (all we have)−0.395%−$39 · spread now +0.347%, 7d avg +0.045%
=The price spread pays, funding is against you. MEXC is 0.303% dearer against Bybit than usual: you sell high and buy low (spread +0.347% now, against its 7-day average of +0.045%): +$30 on $10k if it goes back. Holding the pair costs −$90 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.565% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.565% in total (about -29.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.97 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 | 0.06627 | 0.3492 | pay 0.1746% / 4h | 2h 31m | $954K | $321K | 20x |
| Short | MEXC SLX_USDT | 0.06650 | 0.0498 | get 0.0249% / 4h | 2h 31m | $2.0M | $207K | 20x |
Bybit SLXUSDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$628.77
- Price spread: +0.347% → +0.045%
- $30.25
- Slippage, 4 orders
- −$438.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,052.21
- Costs to cover
- 4.537%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 53 min ago; MEXC: live order book, 5 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, 53 min ago | 5.32 bp | 218.7 bp −$219 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 7.51 bp | 9.5 bp −$10 | 37.4 bp −$374 | 286.4 bp −$28.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06654 | +0.407% | $315K | $611K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06651 | +0.362% | $979K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06670 | +0.649% | $1K | $401K | 20x | as long as short |
| Bitget SLXUSDT | +0.0104% | 4h | 0.06653 | +0.392% | $1.0M | $371K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0233% | 4h | 0.06651 | +0.362% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDTshort | +0.0498% | 4h | 0.06650 | +0.347% | $2.0M | $207K | 20x | |
| Binance SLXUSDT | +0.0506% | 4h | 0.06655 | +0.419% | $2.6M | $2.8M | 25x | as long as short |
| BloFin SLX-USDT | +0.0557% | 4h | 0.06660 | +0.498% | $170K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0573% | 4h | 0.06660 | +0.500% | $16K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3393% | 4h | 0.06646 | +0.287% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
OKX SLX-USDT-SWAP
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 | +0.3492% | 4h | 0.06627 | long leg | $954K | $321K | 20x |