Funding you earn now, next payment 12:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against MEXC−0.044%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.044%, 7d avg +0.073%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.117% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06750 | 0.0184 | pay 0.0092% / 4h | 51m 59s | $1.8M | $267K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06747 | 0.0100 | get 0.0050% / 4h | 51m 59s | $1.8M | $2.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$17.64
- Price spread: −0.044% → +0.073%
- −$11.72
- Slippage, 4 orders
- −$57.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$101.04
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: 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 | 7.40 bp | 9.4 bp −$9 | 39.2 bp −$392 | 260.6 bp −$26.1K | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.74 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SLX on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.0100% | 4h | 0.06742 | −0.119% | $1.0M | $623K | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0100% | 4h | 0.06747 | −0.044% | $1.8M | $2.0M | 20x | |
| Gate SLX_USDT | +0.0100% | 4h | 0.06752 | +0.030% | $318K | $772K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06745 | −0.074% | $985K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06760 | +0.148% | $1K | $512K | 20x | as long as short |
| Bitget SLXUSDT | +0.0152% | 4h | 0.06755 | +0.074% | $1.1M | $372K | 20x | as long as short |
| BloFin SLX-USDT | +0.0158% | 4h | 0.06748 | −0.030% | $167K | $8K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0184% | 4h | 0.06750 | long leg | $1.8M | $267K | 20x | |
| Binance SLXUSDT | +0.0185% | 4h | 0.06750 | 0.000% | $2.5M | $3.6M | 25x | as long as short |
| BingX SLX-USDT | +0.0202% | 4h | 0.06749 | −0.015% | — | $1.7M | — | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0515% | 4h | 0.06746 | −0.059% | $19K | $36K | 10x | as long as short |
MEXC SLX_USDT
OKX SLX-USDT-SWAP
Bybit SLXUSDT
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
BloFin SLX-USDT
Binance SLXUSDT
BingX SLX-USDT
Aster SLXUSDT