Funding you earn now, next payment 08:00 UTC+0.0415%/8h= +45.5% APRnext payment +$2.08 per $10,000 · paid last 24h +0.873%
Price spread now: Bybit against SunX−0.410%7-day average −0.317% · you buy dearer than you sell
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4234.229% of the position
Funding, last 7 days+1.108%+$111 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.410%, 7d avg −0.317%
=Funding pays, the price is against you. Bybit is 0.093% cheaper against SunX than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.317%). If the spread goes back, that is −$9 on $10k: about 18 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SLX-USDT | 0.06830 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $1K | $515K | 20x |
| Short | Bybit SLXUSDT | 0.06802 | 0.0515 | get 0.0258% / 4h | 2h 13m | $1.0M | $563K | 20x |
SunX SLX-USDT
Bybit SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $87.24
- Price spread: −0.410% → −0.317%
- −$9.34
- Slippage, 4 orders
- −$403.93
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$345.03
- Costs to cover
- 4.229%
- Break-even
- 34.7 days
Slippage from SunX: live order book, 58 min ago; Bybit: live order book, 2 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, 58 min ago | 56.98 bp | 86.7 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.69 bp | 81.8 bp −$82 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06813 | −0.249% | $1.0M | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06803 | −0.395% | $1.0M | $362K | 20x | as long as short |
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06830 | long leg | $1K | $515K | 20x | |
| Gate SLX_USDT | +0.0118% | 4h | 0.06806 | −0.351% | $309K | $765K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0194% | 4h | 0.06820 | −0.146% | $1.8M | $2.1M | 20x | as long as short |
| MEXC SLX_USDT | +0.0306% | 4h | 0.06810 | −0.293% | $1.9M | $257K | 20x | as long as short |
| Binance SLXUSDT | +0.0307% | 4h | 0.06820 | −0.146% | $2.6M | $3.7M | 25x | as long as short |
| BloFin SLX-USDT | +0.0361% | 4h | 0.06823 | −0.102% | $170K | $8K | 25x | as long as short |
| BingX SLX-USDT | +0.0378% | 4h | 0.06792 | −0.556% | — | $1.7M | — | as long as short |
| Aster SLXUSDT | +0.0503% | 4h | 0.06803 | −0.401% | $16K | $31K | 10x | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
BingX SLX-USDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDTshort | +0.0515% | 4h | 0.06802 | −0.410% | $1.0M | $563K | 20x |