Funding you earn now, next payment 00:00 UTC−0.3138%/8h= −343.6% APRnext payment −$15.69 per $10,000 · paid last 24h −0.539%
Price spread now: Gate against Bybit+0.347%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,197as in the Price arb table
costs, in and out, $10k−$1,22412.237% of the position
Funding, last 7 days−0.674%−$67 on $10k
+Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.347%, 7d avg +0.080%
=The price spread pays, funding is against you. Gate is 0.267% dearer against Bybit than usual: you sell high and buy low (spread +0.347% now, against its 7-day average of +0.080%): +$27 on $10k if it goes back. Holding the pair costs −$94 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.674% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.674% in total (about -35.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.69 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 | 0.06621 | 0.3238 | pay 0.1619% / 4h | 1h 25m | $959K | $338K | 20x |
| Short | Gate SLX_USDT | 0.06644 | 0.0100 | get 0.0050% / 4h | 1h 25m | $313K | $625K | 25x |
Bybit SLXUSDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$658.88
- Price spread: +0.347% → +0.080%
- $26.73
- Slippage, 4 orders
- −$1,197.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,855.87
- Costs to cover
- 12.237%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 55 min ago; Gate: live order book, 56 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, 55 min ago | 0.75 bp | 201.1 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 5.98 bp | 498.2 bp −$498 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDTshort | +0.0100% | 4h | 0.06644 | +0.347% | $313K | $625K | 25x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06647 | +0.393% | $974K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06651 | +0.453% | $1.0M | $366K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06655 | +0.514% | $953 | $409K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0183% | 4h | 0.06649 | +0.423% | $1.8M | $1.8M | 20x | as long as short |
| BloFin SLX-USDT | +0.0443% | 4h | 0.06649 | +0.423% | $168K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0490% | 4h | 0.06640 | +0.287% | $2.0M | $207K | 20x | as long as short |
| Binance SLXUSDT | +0.0490% | 4h | 0.06646 | +0.377% | $2.5M | $2.9M | 25x | as long as short |
| Aster SLXUSDT | +0.0528% | 4h | 0.06644 | +0.350% | $16K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3012% | 4h | 0.06640 | +0.287% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
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 SLXUSDTlong | +0.3238% | 4h | 0.06621 | long leg | $959K | $338K | 20x |