Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Gate−0.019%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$983as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,004as in the Price arb table
costs, in and out, $10k−$9979.967% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.019%, 7d avg +0.051%
=Funding pays, the price is against you. Binance is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.051%). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SLX_USDT | 0.06809 | 0.0120 | pay 0.0060% / 4h | 1h 08m | $322K | $779K | 25x |
| Short | Binance SLXUSDT | 0.06808 | 0.0237 | get 0.0118% / 4h | 1h 08m | $2.5M | $3.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $24.52
- Price spread: −0.019% → +0.051%
- −$7.04
- Slippage, 4 orders
- −$971.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$979.18
- Costs to cover
- 9.967%
- Break-even
- 286.5 days
Slippage from Gate: live order book, 34 min ago; Binance: live order book, 13 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 Gate live order book, 34 min ago | 2.94 bp | 477.2 bp −$477 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.73 bp | 23.6 bp −$24 | 201.8 bp −$2,018 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SLX-USDT-SWAP | +0.0100% | 4h | 0.06810 | +0.015% | $1.8M | $2.1M | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06808 | −0.015% | $1.0M | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06811 | +0.029% | $1.0M | $362K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06822 | +0.191% | $1K | $519K | 20x | as long as short |
| Gate SLX_USDTlong | +0.0120% | 4h | 0.06809 | long leg | $322K | $779K | 25x | |
| BloFin SLX-USDT | +0.0200% | 4h | 0.06804 | −0.073% | $168K | $8K | 25x | as long as short |
| MEXC SLX_USDT | +0.0234% | 4h | 0.06800 | −0.132% | $1.9M | $259K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0237% | 4h | 0.06808 | −0.019% | $2.5M | $3.7M | 25x | |
| Aster SLXUSDT | +0.0513% | 4h | 0.06805 | −0.059% | $18K | $34K | 10x | as long as short |
| BingX SLX-USDT | +0.0938% | 4h | 0.06803 | −0.088% | — | $1.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.1014% | 4h | 0.06788 | −0.308% | $1.0M | $587K | 20x | as long as short |
Gate SLX_USDT
Binance SLXUSDT
OKX SLX-USDT-SWAP
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
BloFin SLX-USDT
MEXC SLX_USDT
Aster SLXUSDT
BingX SLX-USDT
Bybit SLXUSDT