Funding you earn now, next payment 00:00 UTC+0.0497%/8h= +54.4% APRnext payment +$2.48 per $10,000 · paid last 24h +0.158%
Price spread now: BloFin against SunX−0.150%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2662.664% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.150%, 7d avg −0.123%
=Funding pays, the price is against you. BloFin is 0.027% cheaper against SunX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.123%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.317% in total) that is about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 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 | SunX SLX-USDT | 0.06685 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1K | $405K | 20x |
| Short | BloFin SLX-USDT | 0.06675 | 0.0597 | get 0.0298% / 4h | 1h 59m | $170K | $3K | 25x |
SunX SLX-USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $104.34
- Price spread: −0.150% → −0.123%
- −$2.66
- Slippage, 4 orders
- −$246.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$164.72
- Costs to cover
- 2.664%
- Break-even
- 18.1 days
Slippage from SunX: live order book, 12 min ago; BloFin: live order book, 15 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 SunX live order book, 12 min ago | 59.03 bp | 80.4 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 5.23 bp | 15.5 bp −$15 | 41.6 bp −$416 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06670 | −0.224% | $314K | $610K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06675 | −0.150% | $981K | $1.7M | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06685 | long leg | $1K | $405K | 20x | |
| Bitget SLXUSDT | +0.0124% | 4h | 0.06674 | −0.165% | $1.0M | $371K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0228% | 4h | 0.06678 | −0.105% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0582% | 4h | 0.06670 | −0.224% | $2.0M | $205K | 20x | as long as short |
| Binance SLXUSDT | +0.0583% | 4h | 0.06677 | −0.120% | $2.6M | $2.8M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0597% | 4h | 0.06675 | −0.150% | $170K | $3K | 25x | |
| Aster SLXUSDT | +0.0640% | 4h | 0.06667 | −0.274% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3022% | 4h | 0.06666 | −0.284% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
OKX SLX-USDT-SWAP
MEXC 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 | +0.3196% | 4h | 0.06650 | −0.524% | $960K | $329K | 20x | as long as short |
Bybit SLXUSDT