Funding you earn now, next payment 12:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.017%
Price spread now: OKX against Gate+0.029%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$841as in the Funding arb table
Net, price: spread back to 7d avg − costs−$874as in the Price arb table
costs, in and out, $10k−$8688.683% of the position
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now +0.029%, 7d avg +0.089%
=Funding pays, the price is against you. OKX is 0.059% cheaper against Gate than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.089%). If the spread goes back, that is −$6 on $10k: about 13 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.269% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SLX_USDT | 0.06789 | 0.0130 | pay 0.0065% / 4h | 1h 53m | $321K | $773K | 25x |
| Short | OKX SLX-USDT-SWAP | 0.06791 | 0.0145 | get 0.0073% / 4h | 1h 53m | $1.8M | $2.0M | 20x |
Gate SLX_USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.25
- Price spread: +0.029% → +0.089%
- −$5.93
- Slippage, 4 orders
- −$843.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$871.01
- Costs to cover
- 8.683%
- Break-even
- 1882.0 days
Slippage from Gate: live order book, 55 min ago; OKX: live order book, 1 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, 55 min ago | 2.21 bp | 403.8 bp −$404 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.74 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
SLX on 11 exchanges
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 | 0.06792 | +0.044% | $1.0M | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06801 | +0.177% | $1K | $512K | 20x | as long as short |
| Gate SLX_USDTlong | +0.0130% | 4h | 0.06789 | long leg | $321K | $773K | 25x | |
| OKX SLX-USDT-SWAPshort | +0.0145% | 4h | 0.06791 | +0.029% | $1.8M | $2.0M | 20x | |
| Bybit SLXUSDT | +0.0163% | 4h | 0.06778 | −0.162% | $1.0M | $612K | 20x | as long as short |
| Bitget SLXUSDT | +0.0220% | 4h | 0.06794 | +0.074% | $1.1M | $376K | 20x | as long as short |
| BingX SLX-USDT | +0.0354% | 4h | 0.06789 | 0.000% | — | $1.7M | — | as long as short |
| MEXC SLX_USDT | +0.0356% | 4h | 0.06790 | +0.015% | $1.8M | $274K | 20x | as long as short |
| Binance SLXUSDT | +0.0357% | 4h | 0.06791 | +0.023% | $2.6M | $3.6M | 25x | as long as short |
| BloFin SLX-USDT | +0.0363% | 4h | 0.06798 | +0.133% | $168K | $8K | 25x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bybit SLXUSDT
Bitget SLXUSDT
BingX SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0758% | 4h | 0.06793 | +0.065% | $19K | $36K | 10x | as long as short |
Aster SLXUSDT