Funding you earn now, next payment 08:00 UTC+0.0564%/8h= +61.8% APRnext payment +$2.82 per $10,000 · paid last 24h +0.189%
Price spread now: MEXC against SunX−0.384%7-day average −0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2452.451% of the position
Funding, last 7 days+0.385%+$38 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.384%, 7d avg −0.242%
=Funding pays, the price is against you. MEXC is 0.142% cheaper against SunX than usual: you would sell low and buy high (spread −0.384% now, against its 7-day average of −0.242%). If the spread goes back, that is −$14 on $10k: about 20 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.385% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.385% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 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 | 0.06766 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $1K | $480K | 20x |
| Short | MEXC SLX_USDT | 0.06740 | 0.0664 | get 0.0332% / 4h | 3h 10m | $1.7M | $238K | 20x |
SunX SLX-USDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $118.44
- Price spread: −0.384% → −0.242%
- −$14.22
- Slippage, 4 orders
- −$233.06
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$140.84
- Costs to cover
- 2.451%
- Break-even
- 15.3 days
Slippage from SunX: live order book, 70 min ago; MEXC: live order book, 6 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, 70 min ago | 56.95 bp | 75.7 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 7.40 bp | 9.4 bp −$9 | 37.8 bp −$378 | 278.3 bp −$27.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.0100% | 4h | 0.06727 | −0.576% | $993K | $476K | 20x | as long as short |
| Gate SLX_USDT | +0.0100% | 4h | 0.06745 | −0.310% | $311K | $744K | 25x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06766 | long leg | $1K | $480K | 20x | |
| KuCoin SLXUSDTM | +0.0142% | 4h | 0.06749 | −0.251% | $987K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0306% | 4h | 0.06748 | −0.266% | $1.8M | $1.9M | 20x | as long as short |
| Bitget SLXUSDT | +0.0396% | 4h | 0.06740 | −0.384% | $1.0M | $336K | 20x | as long as short |
| BloFin SLX-USDT | +0.0634% | 4h | 0.06748 | −0.266% | $170K | $7K | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0664% | 4h | 0.06740 | −0.384% | $1.7M | $238K | 20x | |
| Binance SLXUSDT | +0.0665% | 4h | 0.06745 | −0.306% | $2.6M | $3.4M | 25x | as long as short |
| BingX SLX-USDT | +0.0666% | 4h | 0.06742 | −0.355% | — | $1.7M | — | as long as short |
Bybit SLXUSDT
Gate SLX_USDT
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BloFin SLX-USDT
Binance SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0809% | 4h | 0.06750 | −0.234% | $16K | $32K | 10x | as long as short |
Aster SLXUSDT