Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against Gate−0.211%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$642as in the Funding arb table
Net, price: spread back to 7d avg − costs−$665as in the Price arb table
costs, in and out, $10k−$6416.406% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.211%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.242% cheaper against Gate than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SLX_USDT | 0.06644 | 0.0210 | pay 0.0105% / 4h | 16m 12s | $316K | $647K | 25x |
| Short | Bitget SLXUSDT | 0.06630 | 0.0144 | get 0.0072% / 4h | 16m 12s | $1.0M | $357K | 20x |
Gate SLX_USDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$13.86
- Price spread: −0.211% → +0.031%
- −$24.2
- Slippage, 4 orders
- −$613.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$678.63
- Costs to cover
- 6.406%
- Break-even
- never at this rate
Slippage from Gate: live order book, 60 min ago; Bitget: 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 Gate live order book, 60 min ago | 3.01 bp | 256.8 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.01 bp | 22.1 bp −$22 | 106.7 bp −$1,067 | 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 | 0.06642 | −0.030% | $966K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06654 | +0.151% | $1K | $424K | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0144% | 4h | 0.06630 | −0.211% | $1.0M | $357K | 20x | |
| Gate SLX_USDTlong | +0.0210% | 4h | 0.06644 | long leg | $316K | $647K | 25x | |
| OKX SLX-USDT-SWAP | +0.0275% | 4h | 0.06643 | −0.015% | $1.8M | $1.8M | 20x | as long as short |
| BloFin SLX-USDT | +0.0477% | 4h | 0.06644 | 0.000% | $166K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0494% | 4h | 0.06640 | −0.060% | $1.9M | $223K | 20x | as long as short |
| Binance SLXUSDT | +0.0501% | 4h | 0.06644 | +0.004% | $2.5M | $2.9M | 25x | as long as short |
| Aster SLXUSDT | +0.0558% | 4h | 0.06646 | +0.024% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.3230% | 4h | 0.06637 | −0.105% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3389% | 4h | 0.06617 | −0.406% | $970K | $357K | 20x | as long as short |
Bybit SLXUSDT