Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.135%49s7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.135%, 7d avg +0.111%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.024% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.111%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06670 | 0.0512 | pay 0.0256% / 4h | 44m 23s | $1.9M | $215K | 20x |
| Short | BloFin SLX-USDT | 0.06679 | 0.0552 | get 0.0276% / 4h | 44m 23s | $167K | $3K | 25x |
MEXC SLX_USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $8.34
- Price spread: +0.135% → +0.111%
- $2.36
- Slippage, 4 orders
- −$32.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.66
- Costs to cover
- 0.484%
- Break-even
- 38.6 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 18 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 MEXC live order book, 2 min ago | 7.49 bp | 9.5 bp −$9 | 36.7 bp −$367 | 237.1 bp −$23.7K | doesn't fit |
| Sell BloFin live order book, 18 min ago | 3.76 bp | 16.9 bp −$17 | 35.7 bp −$357 | 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_USDT | +0.0100% | 4h | 0.06674 | +0.060% | $318K | $639K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06672 | +0.030% | $975K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06672 | +0.030% | $1.0M | $361K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06688 | +0.270% | $1K | $420K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0293% | 4h | 0.06673 | +0.045% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDTlong | +0.0512% | 4h | 0.06670 | long leg | $1.9M | $215K | 20x | |
| Binance SLXUSDT | +0.0512% | 4h | 0.06671 | +0.013% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0552% | 4h | 0.06679 | +0.135% | $167K | $3K | 25x | |
| Aster SLXUSDT | +0.0582% | 4h | 0.06664 | −0.090% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.3444% | 4h | 0.06667 | −0.045% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
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 SLXUSDT | +0.3694% | 4h | 0.06643 | −0.405% | $963K | $349K | 20x | as long as short |
Bybit SLXUSDT