Funding you earn now, next payment 04:00 UTC+0.0370%/8h= +40.5% APRnext payment +$1.85 per $10,000 · paid last 24h +0.042%
Price spread now: Bitget against SunX−0.211%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2822.817% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.211%, 7d avg −0.173%
=Funding pays, the price is against you. Bitget is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of −0.173%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.217% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.217% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SLX-USDT | 0.06630 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $1K | $430K | 20x |
| Short | Bitget SLXUSDT | 0.06616 | 0.0470 | get 0.0235% / 4h | 3h 46m | $1.0M | $333K | 20x |
SunX SLX-USDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $77.7
- Price spread: −0.211% → −0.173%
- −$3.78
- Slippage, 4 orders
- −$261.68
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$207.76
- Costs to cover
- 2.817%
- Break-even
- 25.7 days
Slippage from SunX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 57.26 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.53 bp | 29.1 bp −$29 | 189.8 bp −$1,898 | 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 | 0.06616 | −0.211% | $970K | $1.7M | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06630 | long leg | $1K | $430K | 20x | |
| Gate SLX_USDT | +0.0152% | 4h | 0.06610 | −0.302% | $311K | $646K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0289% | 4h | 0.06617 | −0.196% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0470% | 4h | 0.06616 | −0.211% | $1.0M | $333K | 20x | |
| Binance SLXUSDT | +0.0546% | 4h | 0.06617 | −0.196% | $2.5M | $3.0M | 25x | as long as short |
| MEXC SLX_USDT | +0.0548% | 4h | 0.06610 | −0.302% | $1.9M | $220K | 20x | as long as short |
| BloFin SLX-USDT | +0.0563% | 4h | 0.06618 | −0.181% | $166K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0594% | 4h | 0.06611 | −0.285% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.1394% | 4h | 0.06607 | −0.347% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
Gate SLX_USDT
OKX SLX-USDT-SWAP
Binance SLXUSDT
MEXC SLX_USDT
BloFin 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 | +0.1780% | 4h | 0.06592 | −0.573% | $972K | $363K | 20x | as long as short |
Bybit SLXUSDT