Funding you earn now, next payment 12:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.82 per $10,000 · paid last 24h +0.049%
Price spread now: MEXC against OKX−0.220%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$820.816% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 7 days+0.209%+$21 · spread now −0.220%, 7d avg −0.073%
=Funding pays, the price is against you. MEXC is 0.146% cheaper against OKX than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of −0.073%). If the spread goes back, that is −$15 on $10k: about 3.0 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.132%, 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 | 0.06825 | 0.0211 | pay 0.0105% / 4h | 3h 14m | $1.8M | $2.1M | 20x |
| Short | MEXC SLX_USDT | 0.06810 | 0.0374 | get 0.0187% / 4h | 3h 14m | $1.8M | $274K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $34.25
- Price spread: −0.220% → −0.073%
- −$14.63
- Slippage, 4 orders
- −$67.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.96
- Costs to cover
- 0.816%
- Break-even
- 19.7 days
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 0.73 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 14.62 bp | 16.6 bp −$17 | 50.7 bp −$507 | 288.3 bp −$28.8K | 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 SLXUSDTM | +0.0100% | 4h | 0.06825 | 0.000% | $1.0M | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06833 | +0.117% | $1.1M | $391K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06838 | +0.190% | $1K | $525K | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0211% | 4h | 0.06825 | long leg | $1.8M | $2.1M | 20x | |
| MEXC SLX_USDTshort | +0.0374% | 4h | 0.06810 | −0.220% | $1.8M | $274K | 20x | |
| Binance SLXUSDT | +0.0380% | 4h | 0.06828 | +0.044% | $2.6M | $3.7M | 25x | as long as short |
| BloFin SLX-USDT | +0.0395% | 4h | 0.06831 | +0.088% | $167K | $8K | 25x | as long as short |
| Gate SLX_USDT | +0.0478% | 4h | 0.06828 | +0.044% | $325K | $784K | 25x | as long as short |
| Aster SLXUSDT | +0.0766% | 4h | 0.06837 | +0.181% | $19K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.1980% | 4h | 0.06814 | −0.161% | $1.0M | $613K | 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 | +0.2002% | 4h | 0.06825 | 0.000% | — | $1.7M | — | as long as short |
OKX SLX-USDT-SWAP
MEXC SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Binance SLXUSDT
BloFin SLX-USDT
Gate SLX_USDT
Aster SLXUSDT
Bybit SLXUSDT
BingX SLX-USDT