Funding you earn now, next payment 04:00 UTC−0.0331%/8h= −36.2% APRnext payment −$1.65 per $10,000 · paid last 24h −0.139%
Price spread now: Bitget against Binance+0.019%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now +0.019%, 7d avg −0.023%
=The price spread pays, funding is against you. Bitget is 0.041% dearer against Binance than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.134% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 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 | 0.06605 | 0.0735 | pay 0.0367% / 4h | 44m 36s | $2.5M | $3.0M | 25x |
| Short | Bitget SLXUSDT | 0.06606 | 0.0404 | get 0.0202% / 4h | 44m 36s | $1.0M | $278K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$69.46
- Price spread: +0.019% → −0.023%
- $4.15
- Slippage, 4 orders
- −$59.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$147.18
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 0.76 bp | 17.2 bp −$17 | 95.9 bp −$959 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.03 bp | 23.5 bp −$24 | 217.4 bp −$2,174 | 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 | 0.06598 | −0.103% | $966K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06618 | +0.200% | $1K | $431K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0323% | 4h | 0.06607 | +0.034% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0404% | 4h | 0.06606 | +0.019% | $1.0M | $278K | 20x | |
| Gate SLX_USDT | +0.0498% | 4h | 0.06601 | −0.057% | $303K | $689K | 25x | as long as short |
| BloFin SLX-USDT | +0.0729% | 4h | 0.06596 | −0.133% | $168K | $3K | 25x | as long as short |
| Binance SLXUSDTlong | +0.0735% | 4h | 0.06605 | long leg | $2.5M | $3.0M | 25x | |
| MEXC SLX_USDT | +0.0736% | 4h | 0.06590 | −0.224% | $1.8M | $226K | 20x | as long as short |
| Aster SLXUSDT | +0.0775% | 4h | 0.06598 | −0.104% | $15K | $27K | 10x | as long as short |
| Bybit SLXUSDT | +0.1705% | 4h | 0.06581 | −0.360% | $993K | $411K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.1722% | 4h | 0.06593 | −0.178% | — | $1.7M | — | as long as short |
Binance SLXUSDT
Bitget SLXUSDT
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
BloFin SLX-USDT
MEXC SLX_USDT
Aster SLXUSDT
Bybit SLXUSDT
BingX SLX-USDT