Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.137%
Price spread now: OKX against SunX−0.162%57s7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3043.038% of the position
Funding, last 7 days+0.526%+$53 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.162%, 7d avg −0.119%
=Funding pays, the price is against you. OKX is 0.043% cheaper against SunX than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.119%). If the spread goes back, that is −$4 on $10k: about 5.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.526% in total) that is about 14 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SLX-USDT | 0.06807 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1K | $518K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06796 | 0.0126 | get 0.0063% / 4h | 1h 59m | $1.8M | $2.1M | 20x |
SunX SLX-USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.46
- Price spread: −0.162% → −0.119%
- −$4.26
- Slippage, 4 orders
- −$285.83
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$302.63
- Costs to cover
- 3.038%
- Break-even
- 394.8 days
Slippage from SunX: live order book, 2 min ago; OKX: 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, 2 min ago | 56.53 bp | 88.1 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.74 bp | 32.6 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06790 | −0.250% | $308K | $748K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06789 | −0.264% | $1.0M | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06795 | −0.176% | $1.0M | $354K | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06807 | long leg | $1K | $518K | 20x | |
| OKX SLX-USDT-SWAPshort | +0.0126% | 4h | 0.06796 | −0.162% | $1.8M | $2.1M | 20x | |
| BloFin SLX-USDT | +0.0231% | 4h | 0.06798 | −0.132% | $169K | $8K | 25x | as long as short |
| Binance SLXUSDT | +0.0265% | 4h | 0.06795 | −0.173% | $2.6M | $3.7M | 25x | as long as short |
| MEXC SLX_USDT | +0.0272% | 4h | 0.06790 | −0.250% | $1.9M | $253K | 20x | as long as short |
| Aster SLXUSDT | +0.0461% | 4h | 0.06791 | −0.238% | $18K | $34K | 10x | as long as short |
| BingX SLX-USDT | +0.0472% | 4h | 0.06785 | −0.323% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
BloFin 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 | +0.0537% | 4h | 0.06774 | −0.485% | $1.0M | $577K | 20x | as long as short |
Bybit SLXUSDT