Funding you earn now, next payment 04:00 UTC−0.0398%/8h= −43.6% APRnext payment −$1.99 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against MEXC+0.151%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days−0.148%−$15 · spread now +0.151%, 7d avg +0.068%
=The price spread pays, funding is against you. OKX is 0.083% dearer against MEXC than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.068%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.99 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 | MEXC SLX_USDT | 0.06640 | 0.0754 | pay 0.0377% / 4h | 1h 27m | $1.8M | $231K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06650 | 0.0356 | get 0.0178% / 4h | 1h 27m | $1.8M | $1.7M | 20x |
MEXC SLX_USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$83.55
- Price spread: +0.151% → +0.068%
- $8.26
- Slippage, 4 orders
- −$50.19
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$139.48
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 7.50 bp | 9.5 bp −$10 | 41.2 bp −$412 | 280.5 bp −$28.0K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.75 bp | 18.5 bp −$19 | 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-USDT | +0.0100% | 4h | 0.06667 | +0.407% | $1K | $433K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0126% | 4h | 0.06647 | +0.105% | $975K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0356% | 4h | 0.06650 | +0.151% | $1.8M | $1.7M | 20x | |
| Bitget SLXUSDT | +0.0384% | 4h | 0.06653 | +0.196% | $1.0M | $275K | 20x | as long as short |
| Gate SLX_USDT | +0.0498% | 4h | 0.06652 | +0.181% | $305K | $687K | 25x | as long as short |
| BloFin SLX-USDT | +0.0704% | 4h | 0.06644 | +0.060% | $167K | $3K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0754% | 4h | 0.06640 | long leg | $1.8M | $231K | 20x | |
| Binance SLXUSDT | +0.0755% | 4h | 0.06650 | +0.157% | $2.5M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0810% | 4h | 0.06652 | +0.173% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1932% | 4h | 0.06648 | +0.120% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
Gate SLX_USDT
BloFin SLX-USDT
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 | +0.1975% | 4h | 0.06631 | −0.136% | $1.0M | $408K | 20x | as long as short |
Bybit SLXUSDT