Funding you earn now, next payment 04:00 UTC+0.0464%/8h= +50.8% APRnext payment +$2.32 per $10,000 · paid last 24h +0.120%
Price spread now: Gate against SunX−0.179%7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2892.895% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.179%, 7d avg −0.204%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Gate is 0.025% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.204%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.228% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 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 | 0.06689 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $1K | $432K | 20x |
| Short | Gate SLX_USDT | 0.06677 | 0.0564 | get 0.0282% / 4h | 1h 19m | $307K | $692K | 25x |
SunX SLX-USDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $97.44
- Price spread: −0.179% → −0.204%
- $2.48
- Slippage, 4 orders
- −$266.49
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$189.57
- Costs to cover
- 2.895%
- Break-even
- 20.6 days
Slippage from SunX: live order book, 11 min ago; Gate: live order book, 42 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, 11 min ago | 56.85 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 2.25 bp | 28.1 bp −$28 | doesn't fit | 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-USDTlong | +0.0100% | 4h | 0.06689 | long leg | $1K | $432K | 20x | |
| KuCoin SLXUSDTM | +0.0146% | 4h | 0.06674 | −0.224% | $980K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0380% | 4h | 0.06674 | −0.224% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0460% | 4h | 0.06674 | −0.224% | $1.0M | $277K | 20x | as long as short |
| Gate SLX_USDTshort | +0.0564% | 4h | 0.06677 | −0.179% | $307K | $692K | 25x | |
| BloFin SLX-USDT | +0.0732% | 4h | 0.06679 | −0.149% | $168K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0788% | 4h | 0.06670 | −0.284% | $1.8M | $231K | 20x | as long as short |
| Binance SLXUSDT | +0.0796% | 4h | 0.06674 | −0.224% | $2.6M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0856% | 4h | 0.06665 | −0.361% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1950% | 4h | 0.06669 | −0.299% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2158% | 4h | 0.06657 | −0.478% | $1.0M | $410K | 20x | as long as short |
Bybit SLXUSDT