Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC0.000%49s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now 0.000%, 7d avg +0.113%
=Funding pays, the price is against you. BloFin is 0.113% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.113%). If the spread goes back, that is −$11 on $10k: about 9.2 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06680 | 0.0528 | pay 0.0264% / 4h | 2h 24m | $2.0M | $207K | 20x |
| Short | BloFin SLX-USDT | 0.06680 | 0.0569 | get 0.0284% / 4h | 2h 24m | $170K | $3K | 25x |
MEXC SLX_USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $8.57
- Price spread: 0.000% → +0.113%
- −$11.28
- Slippage, 4 orders
- −$33.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.35
- Costs to cover
- 0.496%
- Break-even
- 49.8 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 57 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, 2 min ago | 7.49 bp | 9.5 bp −$9 | 34.6 bp −$346 | 275.5 bp −$27.6K | doesn't fit |
| Sell BloFin live order book, 57 min ago | 2.27 bp | 14.9 bp −$15 | 39.7 bp −$397 | 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_USDT | +0.0100% | 4h | 0.06680 | 0.000% | $316K | $613K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06679 | −0.015% | $983K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06698 | +0.269% | $1K | $402K | 20x | as long as short |
| Bitget SLXUSDT | +0.0158% | 4h | 0.06673 | −0.105% | $1.0M | $371K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0273% | 4h | 0.06676 | −0.060% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDTlong | +0.0528% | 4h | 0.06680 | long leg | $2.0M | $207K | 20x | |
| Binance SLXUSDT | +0.0538% | 4h | 0.06680 | 0.000% | $2.6M | $2.8M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0569% | 4h | 0.06680 | 0.000% | $170K | $3K | 25x | |
| Aster SLXUSDT | +0.0605% | 4h | 0.06667 | −0.197% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3260% | 4h | 0.06674 | −0.090% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
OKX SLX-USDT-SWAP
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 | +0.3503% | 4h | 0.06654 | −0.389% | $956K | $322K | 20x | as long as short |
Bybit SLXUSDT