Funding you earn now, next payment 08:00 UTC+0.0668%/8h= +73.2% APRnext payment +$3.34 per $10,000 · paid last 24h +0.180%
Price spread now: Binance against KuCoin+0.104%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$464as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$5025.021% of the position
Funding, last 7 days+0.376%+$38 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.104%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Binance is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.376% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.34 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 | KuCoin SLXUSDTM | 0.06715 | 0.0126 | pay 0.0063% / 4h | 3h 56m | $979K | $1.6M | 20x |
| Short | Binance SLXUSDT | 0.06722 | 0.0794 | get 0.0397% / 4h | 3h 56m | $2.6M | $3.2M | 25x |
KuCoin SLXUSDTM
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $140.34
- Price spread: +0.104% → +0.053%
- $5.08
- Slippage, 4 orders
- −$480.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$356.67
- Costs to cover
- 5.021%
- Break-even
- 24.8 days
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 9 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 KuCoin live order book, 9 min ago | 3.00 bp | 222.8 bp −$223 | 2351.1 bp −$23.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.25 bp | 12.8 bp −$13 | 107.9 bp −$1,079 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06732 | +0.253% | $1K | $450K | 20x | as long as short |
| KuCoin SLXUSDTMlong | +0.0126% | 4h | 0.06715 | long leg | $979K | $1.6M | 20x | |
| OKX SLX-USDT-SWAP | +0.0367% | 4h | 0.06717 | +0.030% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDT | +0.0576% | 4h | 0.06712 | −0.045% | $1.0M | $296K | 20x | as long as short |
| MEXC SLX_USDT | +0.0788% | 4h | 0.06710 | −0.074% | $1.8M | $221K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0794% | 4h | 0.06722 | +0.104% | $2.6M | $3.2M | 25x | |
| BloFin SLX-USDT | +0.0826% | 4h | 0.06724 | +0.134% | $168K | $7K | 25x | as long as short |
| Aster SLXUSDT | +0.0866% | 4h | 0.06720 | +0.074% | $15K | $30K | 10x | as long as short |
| Gate SLX_USDT | +0.2064% | 4h | 0.06717 | +0.030% | $306K | $698K | 25x | as long as short |
| BingX SLX-USDT | +0.2339% | 4h | 0.06718 | +0.045% | — | $1.7M | — | as long as short |
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDT
Gate SLX_USDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3442% | 4h | 0.06702 | −0.194% | $985K | $447K | 20x | as long as short |
Bybit SLXUSDT