Funding you earn now, next payment 04:00 UTC+0.1812%/8h= +198.4% APRnext payment +$9.06 per $10,000 · paid last 24h +0.645%
Price spread now: BingX against OKX−0.135%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days+0.673%+$67 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.135%, 7d avg −0.033%
=Funding pays, the price is against you. BingX is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.033%). If the spread goes back, that is −$10 on $10k: about 4 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.673% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.673% in total (about 35.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.06 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 | OKX SLX-USDT-SWAP | 0.06679 | 0.0324 | pay 0.0162% / 4h | 1h 56m | $1.8M | $1.7M | 20x |
| Short | BingX SLX-USDT | 0.06670 | 0.2136 | get 0.1068% / 4h | 1h 56m | — | $1.7M | — |
OKX SLX-USDT-SWAP
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $380.57
- Price spread: −0.135% → −0.033%
- −$10.18
- Slippage, 4 orders
- −$53.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $297.17
- Costs to cover
- 0.732%
- Break-even
- 1.5 days
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 6 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 OKX live order book, 5 min ago | 0.75 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.00 bp | 17.8 bp −$18 | 68.8 bp −$688 | doesn't fit | doesn't fit |
SLX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06674 | −0.075% | $977K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06673 | −0.090% | $1K | $436K | 20x | as long as short |
| Bitget SLXUSDT | +0.0182% | 4h | 0.06681 | +0.030% | $1.0M | $274K | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0324% | 4h | 0.06679 | long leg | $1.8M | $1.7M | 20x | |
| Gate SLX_USDT | +0.0474% | 4h | 0.06666 | −0.195% | $307K | $674K | 25x | as long as short |
| MEXC SLX_USDT | +0.0704% | 4h | 0.06670 | −0.135% | $1.8M | $229K | 20x | as long as short |
| Binance SLXUSDT | +0.0707% | 4h | 0.06677 | −0.035% | $2.6M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0765% | 4h | 0.06667 | −0.184% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDTshort | +0.2136% | 4h | 0.06670 | −0.135% | — | $1.7M | — | |
| Bybit SLXUSDT | +0.2288% | 4h | 0.06656 | −0.344% | $1.0M | $403K | 20x | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
Gate SLX_USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
Bybit SLXUSDT