Funding you earn now, next payment 04:00 UTC+0.1639%/8h= +179.5% APRnext payment +$8.20 per $10,000 · paid last 24h +0.765%
Price spread now: Bybit against Bitget−0.286%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2302.304% of the position
Funding, last 7 days+0.821%+$82 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.286%, 7d avg −0.124%
=Funding pays, the price is against you. Bybit is 0.161% cheaper against Bitget than usual: you would sell low and buy high (spread −0.286% now, against its 7-day average of −0.124%). If the spread goes back, that is −$16 on $10k: about 8 hours of funding at the current rate (+$49 a day). At the pace of the last 7 days (+0.821% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.821% in total (about 42.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.20 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 | Bitget SLXUSDT | 0.06654 | 0.0280 | pay 0.0140% / 4h | 1h 33m | $1.0M | $275K | 20x |
| Short | Bybit SLXUSDT | 0.06635 | 0.1919 | get 0.0960% / 4h | 1h 33m | $1.0M | $407K | 20x |
Bitget SLXUSDT
Bybit SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $344.29
- Price spread: −0.286% → −0.124%
- −$16.11
- Slippage, 4 orders
- −$207.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $97.78
- Costs to cover
- 2.304%
- Break-even
- 5.0 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 22 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, 2 min ago | 2.25 bp | 28.3 bp −$28 | 229.5 bp −$2,295 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 22 min ago | 3.77 bp | 75.3 bp −$75 | doesn't fit | 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 | 0.06649 | −0.075% | $976K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06667 | +0.195% | $1K | $432K | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0280% | 4h | 0.06654 | long leg | $1.0M | $275K | 20x | |
| OKX SLX-USDT-SWAP | +0.0345% | 4h | 0.06654 | 0.000% | $1.8M | $1.7M | 20x | as long as short |
| Gate SLX_USDT | +0.0482% | 4h | 0.06651 | −0.045% | $305K | $685K | 25x | as long as short |
| BloFin SLX-USDT | +0.0700% | 4h | 0.06659 | +0.075% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0714% | 4h | 0.06650 | −0.060% | $1.8M | $231K | 20x | as long as short |
| Binance SLXUSDT | +0.0716% | 4h | 0.06653 | −0.015% | $2.5M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0782% | 4h | 0.06649 | −0.076% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1824% | 4h | 0.06645 | −0.135% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDTshort | +0.1919% | 4h | 0.06635 | −0.286% | $1.0M | $407K | 20x |