Funding you earn now, next payment 04:00 UTC+0.0313%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.028%
Price spread now: MEXC against OKX−0.091%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.091%, 7d avg −0.065%
=Funding pays, the price is against you. MEXC is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.065%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 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 | 0.06626 | 0.0419 | pay 0.0210% / 4h | 3h 01m | $1.8M | $1.8M | 20x |
| Short | MEXC SLX_USDT | 0.06620 | 0.0732 | get 0.0366% / 4h | 3h 01m | $1.9M | $223K | 20x |
OKX SLX-USDT-SWAP
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $65.66
- Price spread: −0.091% → −0.065%
- −$2.53
- Slippage, 4 orders
- −$48.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $0.56
- Costs to cover
- 0.626%
- Break-even
- 6.9 days
Slippage from OKX: live order book, 5 min ago; MEXC: 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 OKX live order book, 5 min ago | 0.75 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 7.51 bp | 9.5 bp −$10 | 39.7 bp −$397 | 289.0 bp −$28.9K | 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 | 0.06649 | +0.347% | $1K | $433K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0118% | 4h | 0.06625 | −0.015% | $978K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0352% | 4h | 0.06627 | +0.015% | $1.0M | $309K | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0419% | 4h | 0.06626 | long leg | $1.8M | $1.8M | 20x | |
| Gate SLX_USDT | +0.0576% | 4h | 0.06624 | −0.030% | $306K | $677K | 25x | as long as short |
| BloFin SLX-USDT | +0.0707% | 4h | 0.06634 | +0.121% | $167K | $3K | 25x | as long as short |
| Binance SLXUSDT | +0.0728% | 4h | 0.06628 | +0.032% | $2.5M | $3.0M | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0732% | 4h | 0.06620 | −0.091% | $1.9M | $223K | 20x | |
| Aster SLXUSDT | +0.0783% | 4h | 0.06628 | +0.030% | $15K | $26K | 10x | as long as short |
| Bybit SLXUSDT | +0.2611% | 4h | 0.06603 | −0.347% | $973K | $366K | 20x | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
Gate SLX_USDT
BloFin SLX-USDT
Binance SLXUSDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.2678% | 4h | 0.06620 | −0.091% | — | $1.7M | — | as long as short |
BingX SLX-USDT