Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin−0.438%411s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.438%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.412% cheaper against BloFin than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 411 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SLX-USDT | 0.06627 | 0.0746 | pay 0.0373% / 4h | 2h 42m | $168K | $3K | 25x |
| Short | Binance SLXUSDT | 0.06598 | 0.0720 | get 0.0360% / 4h | 2h 42m | $2.5M | $3.0M | 25x |
BloFin SLX-USDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.52
- Price spread: −0.438% → −0.026%
- −$41.17
- Slippage, 4 orders
- −$41.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.94
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 8 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 BloFin live order book, 9 min ago | 3.78 bp | 14.8 bp −$15 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.75 bp | 17.2 bp −$17 | 96.7 bp −$967 | 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 | 0.06600 | −0.407% | $971K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06630 | +0.045% | $1K | $438K | 20x | as long as short |
| Bitget SLXUSDT | +0.0310% | 4h | 0.06600 | −0.407% | $1.0M | $310K | 20x | as long as short |
| Gate SLX_USDT | +0.0330% | 4h | 0.06596 | −0.468% | $303K | $664K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0344% | 4h | 0.06598 | −0.438% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0718% | 4h | 0.06590 | −0.558% | $1.9M | $220K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0720% | 4h | 0.06598 | −0.438% | $2.5M | $3.0M | 25x | |
| BloFin SLX-USDTlong | +0.0746% | 4h | 0.06627 | long leg | $168K | $3K | 25x | |
| Aster SLXUSDT | +0.0772% | 4h | 0.06600 | −0.400% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.1910% | 4h | 0.06597 | −0.453% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
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 | +0.1963% | 4h | 0.06579 | −0.724% | $965K | $371K | 20x | as long as short |
Bybit SLXUSDT