Funding you earn now, next payment 12:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against OKX−0.044%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$898as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8718.709% of the position
Funding, last 7 days−0.269%−$27 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.044%, 7d avg −0.089%
=The price spread pays, funding is against you. Gate is 0.045% dearer against OKX than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.089%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.269% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SLX-USDT-SWAP | 0.06804 | 0.0154 | pay 0.0077% / 4h | 1h 57m | $1.8M | $2.0M | 20x |
| Short | Gate SLX_USDT | 0.06801 | 0.0142 | get 0.0071% / 4h | 1h 57m | $321K | $772K | 25x |
OKX SLX-USDT-SWAP
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.43
- Price spread: −0.044% → −0.089%
- $4.47
- Slippage, 4 orders
- −$845.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$868.88
- Costs to cover
- 8.709%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 52 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, 3 min ago | 1.47 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 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 | 0.06803 | −0.015% | $1.0M | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06816 | +0.176% | $1K | $513K | 20x | as long as short |
| Gate SLX_USDTshort | +0.0142% | 4h | 0.06801 | −0.044% | $321K | $772K | 25x | |
| OKX SLX-USDT-SWAPlong | +0.0154% | 4h | 0.06804 | long leg | $1.8M | $2.0M | 20x | |
| Bybit SLXUSDT | +0.0219% | 4h | 0.06790 | −0.206% | $1.0M | $612K | 20x | as long as short |
| Bitget SLXUSDT | +0.0220% | 4h | 0.06800 | −0.059% | $1.1M | $376K | 20x | as long as short |
| BloFin SLX-USDT | +0.0316% | 4h | 0.06803 | −0.015% | $168K | $8K | 25x | as long as short |
| MEXC SLX_USDT | +0.0354% | 4h | 0.06800 | −0.059% | $1.8M | $274K | 20x | as long as short |
| Binance SLXUSDT | +0.0356% | 4h | 0.06806 | +0.025% | $2.6M | $3.6M | 25x | as long as short |
| BingX SLX-USDT | +0.0358% | 4h | 0.06798 | −0.088% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Bybit SLXUSDT
Bitget SLXUSDT
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
BingX SLX-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0765% | 4h | 0.06804 | −0.004% | $19K | $36K | 10x | as long as short |
Aster SLXUSDT