Funding you earn now, next payment 12:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.066%
Price spread now: Gate against MEXC+0.015%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$857as in the Funding arb table
Net, price: spread back to 7d avg − costs−$846as in the Price arb table
costs, in and out, $10k−$8448.436% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.015%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.025% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
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 −$1.13 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06790 | 0.0342 | pay 0.0171% / 4h | 1h 51m | $1.8M | $274K | 20x |
| Short | Gate SLX_USDT | 0.06791 | 0.0116 | get 0.0058% / 4h | 1h 51m | $321K | $773K | 25x |
MEXC SLX_USDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$47.46
- Price spread: +0.015% → +0.039%
- −$2.47
- Slippage, 4 orders
- −$824.61
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$893.54
- Costs to cover
- 8.436%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 58 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, 3 min ago | 7.36 bp | 9.4 bp −$9 | 36.8 bp −$368 | 266.5 bp −$26.7K | doesn't fit |
| Sell Gate live order book, 58 min ago | 2.21 bp | 421.1 bp −$421 | 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 | +0.029% | $999K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06802 | +0.177% | $1K | $512K | 20x | as long as short |
| Bybit SLXUSDT | +0.0112% | 4h | 0.06781 | −0.133% | $1.0M | $612K | 20x | as long as short |
| Gate SLX_USDTshort | +0.0116% | 4h | 0.06791 | +0.015% | $321K | $773K | 25x | |
| OKX SLX-USDT-SWAP | +0.0146% | 4h | 0.06791 | +0.015% | $1.8M | $2.0M | 20x | as long as short |
| Bitget SLXUSDT | +0.0208% | 4h | 0.06797 | +0.103% | $1.1M | $376K | 20x | as long as short |
| MEXC SLX_USDTlong | +0.0342% | 4h | 0.06790 | long leg | $1.8M | $274K | 20x | |
| Binance SLXUSDT | +0.0342% | 4h | 0.06791 | +0.015% | $2.6M | $3.6M | 25x | as long as short |
| BloFin SLX-USDT | +0.0344% | 4h | 0.06797 | +0.103% | $168K | $8K | 25x | as long as short |
| BingX SLX-USDT | +0.0354% | 4h | 0.06786 | −0.059% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bybit SLXUSDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Binance SLXUSDT
BloFin SLX-USDT
BingX SLX-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0737% | 4h | 0.06791 | +0.021% | $19K | $36K | 10x | as long as short |
Aster SLXUSDT