Funding you earn now, next payment 12:00 UTC−0.0254%/8h= −27.8% APRnext payment −$1.27 per $10,000 · paid last 24h −0.162%
Price spread now: KuCoin against MEXC−0.044%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6736.733% of the position
Funding, last 7 days−0.375%−$37 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.044%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.052% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06790 | 0.0354 | pay 0.0177% / 4h | 3h 38m | $1.8M | $273K | 20x |
| Short | KuCoin SLXUSDTM | 0.06787 | 0.0100 | get 0.0050% / 4h | 3h 38m | $998K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$53.34
- Price spread: −0.044% → +0.008%
- −$5.23
- Slippage, 4 orders
- −$657.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$731.9
- Costs to cover
- 6.733%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 7 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 | 7.36 bp | 9.4 bp −$9 | 37.0 bp −$370 | 263.2 bp −$26.3K | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 4.41 bp | 243.5 bp −$243 | 979.2 bp −$9,792 | 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 SLXUSDTMshort | +0.0100% | 4h | 0.06787 | −0.044% | $998K | $1.6M | 20x | |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06791 | +0.015% | $1.0M | $377K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06807 | +0.250% | $1K | $531K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0112% | 4h | 0.06787 | −0.044% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDT | +0.0178% | 4h | 0.06788 | −0.029% | $323K | $775K | 25x | as long as short |
| Binance SLXUSDT | +0.0353% | 4h | 0.06791 | +0.021% | $2.5M | $3.7M | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0354% | 4h | 0.06790 | long leg | $1.8M | $273K | 20x | |
| BloFin SLX-USDT | +0.0409% | 4h | 0.06798 | +0.118% | $167K | $8K | 25x | as long as short |
| Aster SLXUSDT | +0.0712% | 4h | 0.06791 | +0.010% | $19K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.1831% | 4h | 0.06768 | −0.324% | $1.0M | $609K | 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 | +0.2668% | 4h | 0.06784 | −0.088% | — | $1.7M | — | as long as short |
MEXC SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
Bybit SLXUSDT
BingX SLX-USDT