Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin+0.106%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,020as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,031as in the Price arb table
costs, in and out, $10k−$1,02210.224% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.106%, 7d avg +0.190%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SunX is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.190%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SLXUSDTM | 0.06630 | 0.0112 | pay 0.0056% / 4h | 1h 01m | $973K | $1.6M | 20x |
| Short | SunX SLX-USDT | 0.06637 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1K | $431K | 20x |
KuCoin SLXUSDTM
SunX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$2.52
- Price spread: +0.106% → +0.190%
- −$8.42
- Slippage, 4 orders
- −$1,002.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1,033.29
- Costs to cover
- 10.224%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 30 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 KuCoin live order book, 5 min ago | 3.01 bp | 236.2 bp −$236 | 2390.2 bp −$23.9K | doesn't fit | doesn't fit |
| Sell SunX live order book, 30 min ago | 56.85 bp | 149.9 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDTshort | +0.0100% | 4h | 0.06637 | +0.106% | $1K | $431K | 20x | |
| KuCoin SLXUSDTMlong | +0.0112% | 4h | 0.06630 | long leg | $973K | $1.6M | 20x | |
| OKX SLX-USDT-SWAP | +0.0351% | 4h | 0.06629 | −0.015% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0446% | 4h | 0.06630 | 0.000% | $1.0M | $280K | 20x | as long as short |
| Gate SLX_USDT | +0.0504% | 4h | 0.06631 | +0.015% | $304K | $699K | 25x | as long as short |
| Binance SLXUSDT | +0.0767% | 4h | 0.06630 | −0.004% | $2.5M | $3.0M | 25x | as long as short |
| MEXC SLX_USDT | +0.0774% | 4h | 0.06620 | −0.151% | $1.8M | $234K | 20x | as long as short |
| BloFin SLX-USDT | +0.0781% | 4h | 0.06628 | −0.030% | $168K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0817% | 4h | 0.06630 | +0.006% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1966% | 4h | 0.06622 | −0.121% | — | $1.7M | — | as long as short |
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
Binance SLXUSDT
MEXC SLX_USDT
BloFin 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 SLXUSDT | +0.1985% | 4h | 0.06607 | −0.347% | $995K | $410K | 20x | as long as short |
Bybit SLXUSDT