Funding you earn now, next payment 04:00 UTC+0.1720%/8h= +188.3% APRnext payment +$8.60 per $10,000 · paid last 24h +0.616%
Price spread now: BingX against Binance−0.274%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days+0.836%+$84 on $10k
+Price spread, last 7 days+0.287%+$29 · spread now −0.274%, 7d avg −0.022%
=Funding pays, the price is against you. BingX is 0.252% cheaper against Binance than usual: you would sell low and buy high (spread −0.274% now, against its 7-day average of −0.022%). If the spread goes back, that is −$25 on $10k: about 12 hours of funding at the current rate (+$52 a day). At the pace of the last 7 days (+0.836% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.836% in total (about 43.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.60 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 | Binance SLXUSDT | 0.06631 | 0.0532 | pay 0.0266% / 4h | 3h 36m | $2.5M | $2.9M | 25x |
| Short | BingX SLX-USDT | 0.06613 | 0.2252 | get 0.1126% / 4h | 3h 36m | — | $1.7M | — |
Binance SLXUSDT
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $361.1
- Price spread: −0.274% → −0.022%
- −$25.23
- Slippage, 4 orders
- −$42.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $273.48
- Costs to cover
- 0.624%
- Break-even
- 1.7 days
Slippage from Binance: live order book, 14 min ago; BingX: 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 Binance live order book, 14 min ago | 1.51 bp | 12.5 bp −$13 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.78 bp | 19.2 bp −$19 | 70.5 bp −$705 | 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 | 0.06626 | −0.078% | $974K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06638 | +0.103% | $1K | $432K | 20x | as long as short |
| Gate SLX_USDT | +0.0224% | 4h | 0.06623 | −0.123% | $306K | $662K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0265% | 4h | 0.06631 | −0.003% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDT | +0.0426% | 4h | 0.06628 | −0.048% | $1.0M | $323K | 20x | as long as short |
| BloFin SLX-USDT | +0.0479% | 4h | 0.06627 | −0.063% | $167K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0532% | 4h | 0.06620 | −0.169% | $1.9M | $221K | 20x | as long as short |
| Binance SLXUSDTlong | +0.0532% | 4h | 0.06631 | long leg | $2.5M | $2.9M | 25x | |
| Aster SLXUSDT | +0.0591% | 4h | 0.06616 | −0.229% | $15K | $26K | 10x | as long as short |
| Bybit SLXUSDT | +0.2239% | 4h | 0.06604 | −0.410% | $975K | $364K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BloFin SLX-USDT
MEXC SLX_USDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDTshort | +0.2252% | 4h | 0.06613 | −0.274% | — | $1.7M | — |