Funding you earn now, next payment 12:00 UTC−0.0254%/8h= −27.8% APRnext payment −$1.27 per $10,000 · paid last 24h −0.113%
Price spread now: Bitget against BloFin0.000%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.050%
=The price spread pays, funding is against you. Bitget is 0.050% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.050%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.160% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.160% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.27 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 | BloFin SLX-USDT | 0.06810 | 0.0424 | pay 0.0212% / 4h | 2h 59m | $167K | $8K | 25x |
| Short | Bitget SLXUSDT | 0.06810 | 0.0170 | get 0.0085% / 4h | 2h 59m | $1.1M | $386K | 20x |
BloFin SLX-USDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$53.33
- Price spread: 0.000% → −0.050%
- $5.04
- Slippage, 4 orders
- −$80.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.71
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Bitget: 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 BloFin live order book, 66 min ago | 2.95 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.19 bp | 32.4 bp −$32 | 356.2 bp −$3,562 | 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 | 0.06809 | −0.015% | $999K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06818 | +0.117% | $1K | $524K | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0170% | 4h | 0.06810 | 0.000% | $1.1M | $386K | 20x | |
| OKX SLX-USDT-SWAP | +0.0206% | 4h | 0.06806 | −0.059% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDT | +0.0418% | 4h | 0.06807 | −0.044% | $324K | $766K | 25x | as long as short |
| BloFin SLX-USDTlong | +0.0424% | 4h | 0.06810 | long leg | $167K | $8K | 25x | |
| MEXC SLX_USDT | +0.0432% | 4h | 0.06790 | −0.294% | $1.8M | $288K | 20x | as long as short |
| Binance SLXUSDT | +0.0433% | 4h | 0.06807 | −0.042% | $2.6M | $3.7M | 25x | as long as short |
| Aster SLXUSDT | +0.0819% | 4h | 0.06814 | +0.060% | $19K | $35K | 10x | as long as short |
| BingX SLX-USDT | +0.1126% | 4h | 0.06804 | −0.088% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate 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 SLXUSDT | +0.1152% | 4h | 0.06788 | −0.323% | $1.0M | $617K | 20x | as long as short |
Bybit SLXUSDT