Funding you earn now, next payment 12:00 UTC−0.2740%/8h= −300.1% APRnext payment −$13.70 per $10,000 · paid last 24h −0.732%
Price spread now: Bitget against Bybit+0.236%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2622.625% of the position
Funding, last 7 days−0.928%−$93 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.236%, 7d avg +0.133%
=The price spread pays, funding is against you. Bitget is 0.102% dearer against Bybit than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of +0.133%): +$10 on $10k if it goes back. Holding the pair costs −$82 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.928% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.928% in total (about -48.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.70 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 | Bybit SLXUSDT | 0.06787 | 0.2840 | pay 0.1420% / 4h | 3h 47m | $1.0M | $600K | 20x |
| Short | Bitget SLXUSDT | 0.06803 | 0.0100 | get 0.0050% / 4h | 3h 47m | $1.0M | $375K | 20x |
Bybit SLXUSDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$575.45
- Price spread: +0.236% → +0.133%
- $10.23
- Slippage, 4 orders
- −$239.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$827.68
- Costs to cover
- 2.625%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 4 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 Bybit live order book, 3 min ago | 2.95 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.41 bp | 28.3 bp −$28 | 284.9 bp −$2,849 | 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 | 0.06800 | +0.192% | $999K | $1.6M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0100% | 4h | 0.06803 | +0.236% | $1.0M | $375K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06810 | +0.339% | $1K | $530K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0128% | 4h | 0.06802 | +0.221% | $1.8M | $2.1M | 20x | as long as short |
| MEXC SLX_USDT | +0.0332% | 4h | 0.06800 | +0.192% | $1.8M | $272K | 20x | as long as short |
| Binance SLXUSDT | +0.0333% | 4h | 0.06806 | +0.283% | $2.6M | $3.7M | 25x | as long as short |
| BloFin SLX-USDT | +0.0365% | 4h | 0.06807 | +0.295% | $167K | $8K | 25x | as long as short |
| Gate SLX_USDT | +0.0514% | 4h | 0.06802 | +0.221% | $323K | $772K | 25x | as long as short |
| Aster SLXUSDT | +0.0691% | 4h | 0.06791 | +0.059% | $19K | $35K | 10x | as long as short |
| BingX SLX-USDT | +0.2704% | 4h | 0.06798 | +0.162% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Gate 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 SLXUSDTlong | +0.2840% | 4h | 0.06787 | long leg | $1.0M | $600K | 20x |