Funding you earn now, next payment 12:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.066%
Price spread now: MEXC against Gate0.000%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$856as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8708.695% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now 0.000%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.039%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 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 | Gate SLX_USDT | 0.06750 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $321K | $778K | 25x |
| Short | MEXC SLX_USDT | 0.06750 | 0.0336 | get 0.0168% / 4h | 3h 30m | $1.8M | $273K | 20x |
Gate SLX_USDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $49.56
- Price spread: 0.000% → −0.039%
- $3.94
- Slippage, 4 orders
- −$850.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$816.02
- Costs to cover
- 8.695%
- Break-even
- 122.3 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 6 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 Gate live order book, 1 min ago | 5.18 bp | 443.2 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 7.37 bp | 9.4 bp −$9 | 25.1 bp −$251 | 260.1 bp −$26.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SLX-USDT-SWAP | +0.0100% | 4h | 0.06750 | 0.000% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDTlong | +0.0100% | 4h | 0.06750 | long leg | $321K | $778K | 25x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06752 | +0.030% | $992K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06754 | +0.059% | $1.1M | $390K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06766 | +0.237% | $1K | $531K | 20x | as long as short |
| BloFin SLX-USDT | +0.0282% | 4h | 0.06751 | +0.015% | $166K | $8K | 25x | as long as short |
| Binance SLXUSDT | +0.0329% | 4h | 0.06749 | −0.015% | $2.5M | $3.8M | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0336% | 4h | 0.06750 | 0.000% | $1.8M | $273K | 20x | |
| Aster SLXUSDT | +0.0687% | 4h | 0.06754 | +0.061% | $19K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.1740% | 4h | 0.06727 | −0.341% | $1.0M | $611K | 20x | as long as short |
OKX SLX-USDT-SWAP
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
BloFin SLX-USDT
Binance SLXUSDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.1790% | 4h | 0.06746 | −0.059% | — | $1.7M | — | as long as short |
BingX SLX-USDT