Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.060%
Price spread now: MEXC against Gate0.000%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now 0.000%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 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 | 0.06670 | 0.0574 | pay 0.0287% / 4h | 1h 15m | $306K | $693K | 25x |
| Short | MEXC SLX_USDT | 0.06670 | 0.0794 | get 0.0397% / 4h | 1h 15m | $1.8M | $232K | 20x |
Gate SLX_USDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $46.2
- Price spread: 0.000% → −0.036%
- $3.62
- Slippage, 4 orders
- −$61.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$30.3
- Costs to cover
- 0.801%
- Break-even
- 11.6 days
Slippage from Gate: live order book, 46 min ago; MEXC: live order book, 6 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, 46 min ago | 2.25 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 7.48 bp | 9.5 bp −$9 | 37.1 bp −$371 | 272.3 bp −$27.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06691 | +0.315% | $1K | $432K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0150% | 4h | 0.06670 | 0.000% | $979K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0403% | 4h | 0.06669 | −0.015% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0468% | 4h | 0.06672 | +0.030% | $1.0M | $277K | 20x | as long as short |
| Gate SLX_USDTlong | +0.0574% | 4h | 0.06670 | long leg | $306K | $693K | 25x | |
| BloFin SLX-USDT | +0.0780% | 4h | 0.06685 | +0.225% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0794% | 4h | 0.06670 | 0.000% | $1.8M | $232K | 20x | |
| Binance SLXUSDT | +0.0796% | 4h | 0.06672 | +0.030% | $2.6M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0855% | 4h | 0.06665 | −0.080% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.2050% | 4h | 0.06665 | −0.075% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BloFin 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 | +0.2185% | 4h | 0.06652 | −0.270% | $1.0M | $411K | 20x | as long as short |
Bybit SLXUSDT