Funding you earn now, next payment 00:00 UTC+0.0438%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.161%
Price spread now: Binance against SunX−0.270%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2682.679% of the position
Funding, last 7 days+0.321%+$32 on $10k
+Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.270%, 7d avg −0.151%
=Funding pays, the price is against you. Binance is 0.119% cheaper against SunX than usual: you would sell low and buy high (spread −0.270% now, against its 7-day average of −0.151%). If the spread goes back, that is −$12 on $10k: about 22 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.321% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SLX-USDT | 0.06674 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $1K | $393K | 20x |
| Short | Binance SLXUSDT | 0.06656 | 0.0538 | get 0.0269% / 4h | 2h 57m | $2.6M | $2.8M | 25x |
SunX SLX-USDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $92.08
- Price spread: −0.270% → −0.151%
- −$11.88
- Slippage, 4 orders
- −$249.9
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$187.7
- Costs to cover
- 2.679%
- Break-even
- 21.3 days
Slippage from SunX: live order book, 23 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 SunX live order book, 23 min ago | 57.30 bp | 80.0 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.75 bp | 17.1 bp −$17 | 97.9 bp −$979 | 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 SLXUSDTM | +0.0100% | 4h | 0.06661 | −0.195% | $984K | $1.7M | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06674 | long leg | $1K | $393K | 20x | |
| Gate SLX_USDT | +0.0106% | 4h | 0.06654 | −0.300% | $316K | $597K | 25x | as long as short |
| Bitget SLXUSDT | +0.0154% | 4h | 0.06659 | −0.225% | $1.0M | $367K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0267% | 4h | 0.06653 | −0.315% | $1.8M | $1.8M | 20x | as long as short |
| BloFin SLX-USDT | +0.0489% | 4h | 0.06676 | +0.030% | $172K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0538% | 4h | 0.06650 | −0.360% | $2.0M | $205K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0538% | 4h | 0.06656 | −0.270% | $2.6M | $2.8M | 25x | |
| Aster SLXUSDT | +0.0623% | 4h | 0.06664 | −0.152% | $16K | $21K | 10x | as long as short |
| Bybit SLXUSDT | +0.3751% | 4h | 0.06630 | −0.659% | $955K | $321K | 20x | as long as short |
KuCoin SLXUSDTM
Gate SLX_USDT
Bitget SLXUSDT
OKX SLX-USDT-SWAP
BloFin SLX-USDT
MEXC SLX_USDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.3790% | 4h | 0.06653 | −0.315% | — | $1.7M | — | as long as short |
BingX SLX-USDT