Funding you earn now, next payment 00:00 UTC+0.2611%/8h= +285.9% APRnext payment +$13.06 per $10,000 · paid last 24h +0.495%
Price spread now: Bybit against MEXC−0.389%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4274.269% of the position
Funding, last 7 days+0.565%+$56 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.389%, 7d avg −0.048%
=Funding pays, the price is against you. Bybit is 0.341% cheaper against MEXC than usual: you would sell low and buy high (spread −0.389% now, against its 7-day average of −0.048%). If the spread goes back, that is −$34 on $10k: about 10 hours of funding at the current rate (+$78 a day). At the pace of the last 7 days (+0.565% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.565% in total (about 29.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.06 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 | 0.06680 | 0.0534 | pay 0.0267% / 4h | 1h 43m | $2.0M | $206K | 20x |
| Short | Bybit SLXUSDT | 0.06654 | 0.3145 | get 0.1573% / 4h | 1h 43m | $965K | $336K | 20x |
MEXC SLX_USDT
Bybit SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $548.39
- Price spread: −0.389% → −0.048%
- −$34.08
- Slippage, 4 orders
- −$411.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $87.38
- Costs to cover
- 4.269%
- Break-even
- 5.9 days
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 37 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 | 7.49 bp | 9.5 bp −$9 | 45.5 bp −$455 | 271.2 bp −$27.1K | doesn't fit |
| Sell Bybit live order book, 37 min ago | 0.75 bp | 206.8 bp −$207 | 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_USDT | +0.0100% | 4h | 0.06679 | −0.015% | $315K | $618K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06680 | 0.000% | $983K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06676 | −0.060% | $1.0M | $371K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06687 | +0.105% | $1K | $406K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0191% | 4h | 0.06677 | −0.045% | $1.8M | $1.8M | 20x | as long as short |
| BloFin SLX-USDT | +0.0504% | 4h | 0.06678 | −0.030% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0534% | 4h | 0.06680 | long leg | $2.0M | $206K | 20x | |
| Binance SLXUSDT | +0.0538% | 4h | 0.06679 | −0.015% | $2.6M | $2.8M | 25x | as long as short |
| Aster SLXUSDT | +0.0585% | 4h | 0.06670 | −0.146% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.2946% | 4h | 0.06673 | −0.105% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
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 SLXUSDTshort | +0.3145% | 4h | 0.06654 | −0.389% | $965K | $336K | 20x |