Funding you earn now, next payment 08:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.137%
Price spread now: KuCoin against OKX−0.235%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$834as in the Price arb table
costs, in and out, $10k−$8178.167% of the position
Funding, last 7 days−0.530%−$53 on $10k
+Price spread, last 7 days+0.183%+$18 · spread now −0.235%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.171% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SLX-USDT-SWAP | 0.06804 | 0.0360 | pay 0.0180% / 4h | 3h 50m | $1.8M | $1.8M | 20x |
| Short | KuCoin SLXUSDTM | 0.06788 | 0.0134 | get 0.0067% / 4h | 3h 50m | $993K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.37
- Price spread: −0.235% → −0.064%
- −$17.07
- Slippage, 4 orders
- −$794.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$881.13
- Costs to cover
- 8.167%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 1.47 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.45 bp | 295.2 bp −$295 | 989.5 bp −$9,895 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06793 | −0.162% | $1K | $451K | 20x | as long as short |
| KuCoin SLXUSDTMshort | +0.0134% | 4h | 0.06788 | −0.235% | $993K | $1.6M | 20x | |
| OKX SLX-USDT-SWAPlong | +0.0360% | 4h | 0.06804 | long leg | $1.8M | $1.8M | 20x | |
| Bitget SLXUSDT | +0.0574% | 4h | 0.06791 | −0.191% | $1.0M | $306K | 20x | as long as short |
| Binance SLXUSDT | +0.0797% | 4h | 0.06793 | −0.155% | $2.6M | $3.2M | 25x | as long as short |
| MEXC SLX_USDT | +0.0800% | 4h | 0.06780 | −0.353% | $1.9M | $222K | 20x | as long as short |
| BloFin SLX-USDT | +0.0842% | 4h | 0.06777 | −0.397% | $169K | $7K | 25x | as long as short |
| Aster SLXUSDT | +0.0885% | 4h | 0.06780 | −0.353% | $15K | $31K | 10x | as long as short |
| Gate SLX_USDT | +0.1118% | 4h | 0.06790 | −0.206% | $309K | $708K | 25x | as long as short |
| BingX SLX-USDT | +0.2310% | 4h | 0.06793 | −0.162% | — | $1.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2845% | 4h | 0.06778 | −0.382% | $996K | $459K | 20x | as long as short |
OKX SLX-USDT-SWAP
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
Binance SLXUSDT
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDT
Gate SLX_USDT
BingX SLX-USDT
Bybit SLXUSDT