Funding you earn now, next payment 08:00 UTC+0.0628%/8h= +68.8% APRnext payment +$3.14 per $10,000 · paid last 24h +0.189%
Price spread now: MEXC against SunX−0.148%7-day average −0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2602.600% of the position
Funding, last 7 days+0.385%+$38 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.148%, 7d avg −0.242%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and MEXC is 0.094% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.242%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.385% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.14 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 | 0.06740 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $1K | $479K | 20x |
| Short | MEXC SLX_USDT | 0.06730 | 0.0728 | get 0.0364% / 4h | 3h 21m | $1.7M | $237K | 20x |
SunX SLX-USDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $131.88
- Price spread: −0.148% → −0.242%
- $9.37
- Slippage, 4 orders
- −$248.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$118.77
- Costs to cover
- 2.600%
- Break-even
- 13.3 days
Slippage from SunX: live order book, 59 min ago; MEXC: live order book, 5 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, 59 min ago | 56.95 bp | 75.7 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 14.88 bp | 16.9 bp −$17 | 51.8 bp −$518 | 280.6 bp −$28.1K | 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-USDTlong | +0.0100% | 4h | 0.06740 | long leg | $1K | $479K | 20x | |
| KuCoin SLXUSDTM | +0.0164% | 4h | 0.06736 | −0.059% | $986K | $1.6M | 20x | as long as short |
| Gate SLX_USDT | +0.0168% | 4h | 0.06738 | −0.030% | $311K | $738K | 25x | as long as short |
| Bybit SLXUSDT | +0.0300% | 4h | 0.06722 | −0.267% | $990K | $473K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0341% | 4h | 0.06740 | 0.000% | $1.8M | $1.9M | 20x | as long as short |
| Bitget SLXUSDT | +0.0438% | 4h | 0.06738 | −0.030% | $1.0M | $339K | 20x | as long as short |
| BingX SLX-USDT | +0.0720% | 4h | 0.06736 | −0.059% | — | $1.7M | — | as long as short |
| Binance SLXUSDT | +0.0726% | 4h | 0.06737 | −0.048% | $2.6M | $3.4M | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0728% | 4h | 0.06730 | −0.148% | $1.7M | $237K | 20x | |
| BloFin SLX-USDT | +0.0749% | 4h | 0.06732 | −0.119% | $170K | $7K | 25x | as long as short |
KuCoin SLXUSDTM
Gate SLX_USDT
Bybit SLXUSDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BingX SLX-USDT
Binance SLXUSDT
BloFin SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0856% | 4h | 0.06738 | −0.036% | $16K | $32K | 10x | as long as short |
Aster SLXUSDT