Funding you earn now, next payment 04:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.137%
Price spread now: Bitget against MEXC+0.303%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.303%, 7d avg +0.064%
=The price spread pays, funding is against you. Bitget is 0.238% dearer against MEXC than usual: you sell high and buy low (spread +0.303% now, against its 7-day average of +0.064%): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.133% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.11 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 | MEXC SLX_USDT | 0.06610 | 0.0592 | pay 0.0296% / 4h | 3h 18m | $1.9M | $222K | 20x |
| Short | Bitget SLXUSDT | 0.06630 | 0.0370 | get 0.0185% / 4h | 3h 18m | $1.0M | $320K | 20x |
MEXC SLX_USDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$46.62
- Price spread: +0.303% → +0.064%
- $23.81
- Slippage, 4 orders
- −$49.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.7
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 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 MEXC live order book, 3 min ago | 7.54 bp | 9.5 bp −$10 | 37.5 bp −$375 | 279.7 bp −$28.0K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.02 bp | 22.2 bp −$22 | 218.7 bp −$2,187 | 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 | 0.06623 | +0.197% | $977K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06649 | +0.590% | $1K | $433K | 20x | as long as short |
| Gate SLX_USDT | +0.0308% | 4h | 0.06623 | +0.197% | $306K | $670K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0356% | 4h | 0.06633 | +0.348% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0370% | 4h | 0.06630 | +0.303% | $1.0M | $320K | 20x | |
| MEXC SLX_USDTlong | +0.0592% | 4h | 0.06610 | long leg | $1.9M | $222K | 20x | |
| Binance SLXUSDT | +0.0594% | 4h | 0.06622 | +0.188% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0627% | 4h | 0.06635 | +0.378% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0647% | 4h | 0.06622 | +0.188% | $15K | $26K | 10x | as long as short |
| Bybit SLXUSDT | +0.2170% | 4h | 0.06604 | −0.091% | $974K | $365K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
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-USDT | +0.2530% | 4h | 0.06621 | +0.166% | — | $1.7M | — | as long as short |
BingX SLX-USDT