Funding you earn now, next payment 00:00 UTC+0.0230%/8h= +25.1% APRnext payment +$1.15 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against OKX+0.011%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.011%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SLX-USDT-SWAP | 0.06663 | 0.0243 | pay 0.0121% / 4h | 57m 25s | $1.8M | $1.8M | 20x |
| Short | Binance SLXUSDT | 0.06664 | 0.0472 | get 0.0236% / 4h | 57m 25s | $2.5M | $2.9M | 25x |
OKX SLX-USDT-SWAP
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $48.2
- Price spread: +0.011% → −0.010%
- $2.09
- Slippage, 4 orders
- −$43.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$13.39
- Costs to cover
- 0.637%
- Break-even
- 8.9 days
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 8 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 OKX live order book, 4 min ago | 0.75 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.75 bp | 17.7 bp −$18 | 67.4 bp −$674 | 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 | 0.06663 | 0.000% | $313K | $623K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06661 | −0.030% | $973K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06664 | +0.015% | $1.0M | $366K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06675 | +0.180% | $1K | $418K | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0243% | 4h | 0.06663 | long leg | $1.8M | $1.8M | 20x | |
| BloFin SLX-USDT | +0.0433% | 4h | 0.06663 | 0.000% | $167K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0458% | 4h | 0.06660 | −0.045% | $2.0M | $203K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0472% | 4h | 0.06664 | +0.011% | $2.5M | $2.9M | 25x | |
| Aster SLXUSDT | +0.0537% | 4h | 0.06647 | −0.243% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.3194% | 4h | 0.06659 | −0.060% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
BloFin SLX-USDT
MEXC SLX_USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3419% | 4h | 0.06629 | −0.510% | $960K | $348K | 20x | as long as short |
Bybit SLXUSDT