Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.65 per $10,000 · paid last 24h −0.064%
Price spread now: Gate against MEXC+0.074%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$630as in the Price arb table
costs, in and out, $10k−$6336.331% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.074%, 7d avg +0.039%
=The price spread pays, funding is against you. Gate is 0.034% dearer against MEXC than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.039%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.134% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06800 | 0.0230 | pay 0.0115% / 4h | 1h 44m | $1.9M | $255K | 20x |
| Short | Gate SLX_USDT | 0.06805 | 0.0100 | get 0.0050% / 4h | 1h 44m | $309K | $756K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$27.3
- Price spread: +0.074% → +0.039%
- $3.43
- Slippage, 4 orders
- −$614.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$657
- Costs to cover
- 6.331%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 62 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 | 7.36 bp | 9.4 bp −$9 | 34.6 bp −$346 | 267.2 bp −$26.7K | doesn't fit |
| Sell Gate live order book, 62 min ago | 2.93 bp | 421.5 bp −$421 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SLX-USDT-SWAP | +0.0100% | 4h | 0.06810 | +0.147% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDTshort | +0.0100% | 4h | 0.06805 | +0.074% | $309K | $756K | 25x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06806 | +0.088% | $1.0M | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06792 | −0.118% | $1.0M | $360K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06811 | +0.162% | $812 | $522K | 20x | as long as short |
| Binance SLXUSDT | +0.0230% | 4h | 0.06809 | +0.133% | $2.6M | $3.8M | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0230% | 4h | 0.06800 | long leg | $1.9M | $255K | 20x | |
| BloFin SLX-USDT | +0.0288% | 4h | 0.06806 | +0.088% | $168K | $8K | 25x | as long as short |
| Aster SLXUSDT | +0.0442% | 4h | 0.06796 | −0.053% | $18K | $34K | 10x | as long as short |
| Bybit SLXUSDT | +0.0542% | 4h | 0.06790 | −0.147% | $1.0M | $583K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.0542% | 4h | 0.06796 | −0.059% | — | $1.7M | — | as long as short |
MEXC SLX_USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
Bybit SLXUSDT
BingX SLX-USDT