Funding you earn now, next payment 04:00 UTC−0.0613%/8h= −67.1% APRnext payment −$3.07 per $10,000 · paid last 24h −0.180%
Price spread now: SunX against Binance+0.198%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3343.338% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.198%, 7d avg +0.150%
=The price spread pays, funding is against you. SunX is 0.048% dearer against Binance than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.150%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.351% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.351% in total (about -18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.07 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 | 0.06649 | 0.0713 | pay 0.0357% / 4h | 1h 54m | $2.6M | $3.0M | 25x |
| Short | SunX SLX-USDT | 0.06662 | 0.0100 | get 0.0050% / 4h | 1h 54m | $1K | $433K | 20x |
Binance SLXUSDT
SunX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$128.73
- Price spread: +0.198% → +0.150%
- $4.76
- Slippage, 4 orders
- −$315.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$457.78
- Costs to cover
- 3.338%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; SunX: live order book, 47 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, 12 min ago | 1.50 bp | 18.1 bp −$18 | 128.0 bp −$1,280 | doesn't fit | doesn't fit |
| Sell SunX live order book, 47 min ago | 92.35 bp | 185.9 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
SLX on 10 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 | 0.06646 | −0.043% | $974K | $1.6M | 20x | as long as short |
| SunX SLX-USDTshort | +0.0100% | 4h | 0.06662 | +0.198% | $1K | $433K | 20x | |
| Bitget SLXUSDT | +0.0178% | 4h | 0.06651 | +0.032% | $1.0M | $274K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0319% | 4h | 0.06647 | −0.028% | $1.8M | $1.7M | 20x | as long as short |
| Gate SLX_USDT | +0.0450% | 4h | 0.06651 | +0.032% | $306K | $676K | 25x | as long as short |
| MEXC SLX_USDT | +0.0706% | 4h | 0.06640 | −0.133% | $1.8M | $229K | 20x | as long as short |
| Binance SLXUSDTlong | +0.0713% | 4h | 0.06649 | long leg | $2.6M | $3.0M | 25x | |
| Aster SLXUSDT | +0.0767% | 4h | 0.06659 | +0.158% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.2136% | 4h | 0.06648 | −0.013% | — | $1.7M | — | as long as short |
| Bybit SLXUSDT | +0.2211% | 4h | 0.06628 | −0.314% | $998K | $405K | 20x | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
MEXC SLX_USDT
Aster SLXUSDT
BingX SLX-USDT
Bybit SLXUSDT