Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRnext payment −$1.18 per $10,000 · paid last 24h +0.117%
Price spread now: OKX against Bitget+0.015%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.015%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.048% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.064%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.304%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SLXUSDT | 0.06626 | 0.0510 | pay 0.0255% / 4h | 3h 54m | $1.0M | $333K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06627 | 0.0274 | get 0.0137% / 4h | 3h 54m | $1.8M | $1.8M | 20x |
Bitget SLXUSDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$49.49
- Price spread: +0.015% → +0.064%
- −$4.84
- Slippage, 4 orders
- −$61.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$137.63
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 3.77 bp | 25.9 bp −$26 | 116.7 bp −$1,167 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.75 bp | 15.3 bp −$15 | 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 | 0.06622 | −0.060% | $972K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06652 | +0.392% | $1K | $426K | 20x | as long as short |
| Gate SLX_USDT | +0.0164% | 4h | 0.06622 | −0.060% | $316K | $633K | 25x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0274% | 4h | 0.06627 | +0.015% | $1.8M | $1.8M | 20x | |
| Bitget SLXUSDTlong | +0.0510% | 4h | 0.06626 | long leg | $1.0M | $333K | 20x | |
| BloFin SLX-USDT | +0.0544% | 4h | 0.06622 | −0.060% | $166K | $3K | 25x | as long as short |
| Binance SLXUSDT | +0.0561% | 4h | 0.06625 | −0.015% | $2.5M | $2.9M | 25x | as long as short |
| MEXC SLX_USDT | +0.0562% | 4h | 0.06620 | −0.091% | $1.9M | $219K | 20x | as long as short |
| Aster SLXUSDT | +0.0617% | 4h | 0.06625 | −0.022% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.2656% | 4h | 0.06616 | −0.151% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
BloFin SLX-USDT
Binance SLXUSDT
MEXC SLX_USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2677% | 4h | 0.06600 | −0.392% | $974K | $363K | 20x | as long as short |
Bybit SLXUSDT