Funding you earn now, next payment 04:00 UTC+0.2176%/8h= +238.3% APRnext payment +$10.88 per $10,000 · paid last 24h +0.676%
Price spread now: BingX against Gate−0.105%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costs−$566as in the Price arb table
costs, in and out, $10k−$5545.537% of the position
Funding, last 7 days+0.958%+$96 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.105%, 7d avg +0.016%
=Funding pays, the price is against you. BingX is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.016%). If the spread goes back, that is −$12 on $10k: about 4 hours of funding at the current rate (+$65 a day). At the pace of the last 7 days (+0.958% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.958% in total (about 50.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.88 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 | Gate SLX_USDT | 0.06636 | 0.0354 | pay 0.0177% / 4h | 3h 20m | $306K | $669K | 25x |
| Short | BingX SLX-USDT | 0.06629 | 0.2530 | get 0.1265% / 4h | 3h 20m | — | $1.7M | — |
Gate SLX_USDT
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $456.96
- Price spread: −0.105% → +0.016%
- −$12.18
- Slippage, 4 orders
- −$528.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.91
- Costs to cover
- 5.537%
- Break-even
- 8.7 days
Slippage from Gate: live order book, 51 min ago; BingX: live order book, 11 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, 51 min ago | 3.01 bp | 216.4 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.77 bp | 22.2 bp −$22 | 66.4 bp −$664 | 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 | 0.06635 | −0.015% | $978K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06651 | +0.226% | $1K | $433K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0351% | 4h | 0.06632 | −0.060% | $1.8M | $1.8M | 20x | as long as short |
| Gate SLX_USDTlong | +0.0354% | 4h | 0.06636 | long leg | $306K | $669K | 25x | |
| Bitget SLXUSDT | +0.0382% | 4h | 0.06635 | −0.015% | $1.0M | $320K | 20x | as long as short |
| MEXC SLX_USDT | +0.0590% | 4h | 0.06630 | −0.090% | $1.9M | $222K | 20x | as long as short |
| Binance SLXUSDT | +0.0592% | 4h | 0.06632 | −0.060% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0608% | 4h | 0.06636 | 0.000% | $166K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0647% | 4h | 0.06636 | 0.000% | $15K | $26K | 10x | as long as short |
| Bybit SLXUSDT | +0.2252% | 4h | 0.06609 | −0.407% | $975K | $364K | 20x | 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
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDTshort | +0.2530% | 4h | 0.06629 | −0.105% | — | $1.7M | — |