Funding you earn now, next payment 04:00 UTC+0.0701%/8h= +76.8% APRnext payment +$3.50 per $10,000 · paid last 24h +0.183%
Price spread now: BloFin against SunX−0.150%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2612.613% of the position
Funding, last 7 days+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.150%, 7d avg −0.128%
=Funding pays, the price is against you. BloFin is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.128%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.354% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.354% in total (about 18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.50 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 | 0.06656 | 0.0100 | pay 0.0050% / 4h | 27m 18s | $2K | $436K | 20x |
| Short | BloFin SLX-USDT | 0.06646 | 0.0801 | get 0.0400% / 4h | 27m 18s | $166K | $3K | 25x |
SunX SLX-USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $147.2
- Price spread: −0.150% → −0.128%
- −$2.2
- Slippage, 4 orders
- −$241.32
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$116.32
- Costs to cover
- 2.613%
- Break-even
- 12.5 days
Slippage from SunX: live order book, 64 min ago; BloFin: live order book, 3 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, 64 min ago | 56.85 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.26 bp | 17.9 bp −$18 | 50.2 bp −$502 | 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 | 0.06644 | −0.180% | $971K | $1.6M | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06656 | long leg | $2K | $436K | 20x | |
| OKX SLX-USDT-SWAP | +0.0320% | 4h | 0.06647 | −0.135% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0470% | 4h | 0.06647 | −0.135% | $1.0M | $277K | 20x | as long as short |
| Gate SLX_USDT | +0.0544% | 4h | 0.06645 | −0.165% | $305K | $697K | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0801% | 4h | 0.06646 | −0.150% | $166K | $3K | 25x | |
| Binance SLXUSDT | +0.0805% | 4h | 0.06645 | −0.165% | $2.5M | $3.0M | 25x | as long as short |
| MEXC SLX_USDT | +0.0814% | 4h | 0.06640 | −0.240% | $1.8M | $227K | 20x | as long as short |
| Aster SLXUSDT | +0.0857% | 4h | 0.06633 | −0.346% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDT | +0.1594% | 4h | 0.06638 | −0.270% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
Binance SLXUSDT
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 | +0.1652% | 4h | 0.06627 | −0.436% | $1.0M | $421K | 20x | as long as short |
Bybit SLXUSDT