Funding you earn now, next payment 08:00 UTC−0.2350%/8h= −257.3% APRnext payment −$11.75 per $10,000 · paid last 24h −0.839%
Price spread now: KuCoin against BingX+0.059%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$970as in the Price arb table
costs, in and out, $10k−$9799.787% of the position
Funding, last 7 days−1.260%−$126 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now +0.059%, 7d avg −0.029%
=The price spread pays, funding is against you. KuCoin is 0.088% dearer against BingX than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.029%): +$9 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−1.260% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.260% in total (about -65.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.75 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 | BingX SLX-USDT | 0.06772 | 0.2496 | pay 0.1248% / 4h | 3h 45m | — | $1.7M | — |
| Short | KuCoin SLXUSDTM | 0.06776 | 0.0146 | get 0.0073% / 4h | 3h 45m | $995K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$493.5
- Price spread: +0.059% → −0.029%
- $8.83
- Slippage, 4 orders
- −$956.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,463.35
- Costs to cover
- 9.787%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, just now.
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 BingX live order book, 12 min ago | 4.47 bp | 21.7 bp −$22 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 2.21 bp | 505.4 bp −$505 | 997.8 bp −$9,978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06790 | +0.266% | $1K | $457K | 20x | as long as short |
| KuCoin SLXUSDTMshort | +0.0146% | 4h | 0.06776 | +0.059% | $995K | $1.6M | 20x | |
| OKX SLX-USDT-SWAP | +0.0350% | 4h | 0.06780 | +0.118% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDT | +0.0564% | 4h | 0.06772 | 0.000% | $1.0M | $326K | 20x | as long as short |
| Gate SLX_USDT | +0.0654% | 4h | 0.06775 | +0.044% | $308K | $714K | 25x | as long as short |
| BloFin SLX-USDT | +0.0746% | 4h | 0.06760 | −0.177% | $168K | $7K | 25x | as long as short |
| Binance SLXUSDT | +0.0798% | 4h | 0.06775 | +0.044% | $2.6M | $3.3M | 25x | as long as short |
| MEXC SLX_USDT | +0.0804% | 4h | 0.06770 | −0.030% | $1.7M | $235K | 20x | as long as short |
| Aster SLXUSDT | +0.0895% | 4h | 0.06777 | +0.080% | $14K | $31K | 10x | as long as short |
| Bybit SLXUSDT | +0.1887% | 4h | 0.06758 | −0.207% | $993K | $462K | 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-USDTlong | +0.2496% | 4h | 0.06772 | long leg | — | $1.7M | — |
BingX SLX-USDT
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
BloFin SLX-USDT
Binance SLXUSDT
MEXC SLX_USDT
Aster SLXUSDT
Bybit SLXUSDT