Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.84 per $10,000 · paid last 24h +0.037%
Price spread now: OKX against Gate+0.075%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$739as in the Funding arb table
Net, price: spread back to 7d avg − costs−$770as in the Price arb table
costs, in and out, $10k−$7687.680% of the position
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.075%, 7d avg +0.097%
=Funding pays, the price is against you. OKX is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.097%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SLX_USDT | 0.06644 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $315K | $606K | 25x |
| Short | OKX SLX-USDT-SWAP | 0.06649 | 0.0269 | get 0.0134% / 4h | 2h 49m | $1.8M | $1.8M | 20x |
Gate SLX_USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $35.45
- Price spread: +0.075% → +0.097%
- −$2.15
- Slippage, 4 orders
- −$742.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$734.66
- Costs to cover
- 7.680%
- Break-even
- 152.1 days
Slippage from Gate: live order book, 36 min ago; OKX: live order book, 2 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, 36 min ago | 6.06 bp | 317.4 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.50 bp | 27.2 bp −$27 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDTlong | +0.0100% | 4h | 0.06644 | long leg | $315K | $606K | 25x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06649 | +0.075% | $979K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06660 | +0.241% | $1K | $397K | 20x | as long as short |
| Bitget SLXUSDT | +0.0140% | 4h | 0.06648 | +0.060% | $1.0M | $371K | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0269% | 4h | 0.06649 | +0.075% | $1.8M | $1.8M | 20x | |
| MEXC SLX_USDT | +0.0524% | 4h | 0.06640 | −0.060% | $2.0M | $206K | 20x | as long as short |
| Binance SLXUSDT | +0.0528% | 4h | 0.06649 | +0.075% | $2.6M | $2.8M | 25x | as long as short |
| BloFin SLX-USDT | +0.0537% | 4h | 0.06651 | +0.105% | $171K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0608% | 4h | 0.06646 | +0.030% | $16K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3470% | 4h | 0.06644 | 0.000% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
MEXC SLX_USDT
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 SLXUSDT | +0.3552% | 4h | 0.06629 | −0.226% | $954K | $323K | 20x | as long as short |
Bybit SLXUSDT