Funding you earn now, next payment 12:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.113%
Price spread now: Binance against Bitget−0.044%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1031.027% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.044%, 7d avg +0.026%
=Funding pays, the price is against you. Binance is 0.070% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.155% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SLXUSDT | 0.06793 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $1.0M | $375K | 20x |
| Short | Binance SLXUSDT | 0.06790 | 0.0318 | get 0.0159% / 4h | 3h 53m | $2.5M | $3.7M | 25x |
Bitget SLXUSDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $45.82
- Price spread: −0.044% → +0.026%
- −$6.97
- Slippage, 4 orders
- −$80.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.85
- Costs to cover
- 1.027%
- Break-even
- 16.8 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 13 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 Bitget live order book, 3 min ago | 4.42 bp | 23.6 bp −$24 | 377.5 bp −$3,775 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.21 bp | 24.4 bp −$24 | 198.1 bp −$1,981 | 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 | 0.06790 | −0.044% | $998K | $1.6M | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0100% | 4h | 0.06793 | long leg | $1.0M | $375K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06799 | +0.088% | $1K | $527K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0114% | 4h | 0.06786 | −0.103% | $1.8M | $2.1M | 20x | as long as short |
| Binance SLXUSDTshort | +0.0318% | 4h | 0.06790 | −0.044% | $2.5M | $3.7M | 25x | |
| MEXC SLX_USDT | +0.0320% | 4h | 0.06790 | −0.044% | $1.8M | $272K | 20x | as long as short |
| BloFin SLX-USDT | +0.0360% | 4h | 0.06797 | +0.059% | $167K | $8K | 25x | as long as short |
| Gate SLX_USDT | +0.0462% | 4h | 0.06791 | −0.029% | $323K | $770K | 25x | as long as short |
| Aster SLXUSDT | +0.0676% | 4h | 0.06793 | −0.003% | $20K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.3213% | 4h | 0.06776 | −0.250% | $1.0M | $598K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
BloFin SLX-USDT
Gate 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-USDT | +0.4108% | 4h | 0.06788 | −0.074% | — | $1.7M | — | as long as short |
BingX SLX-USDT