Funding you earn now, next payment 04:00 UTC+0.0275%/8h= +30.1% APRnext payment +$1.37 per $10,000 · paid last 24h +0.151%
Price spread now: OKX against SunX−0.165%47s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2882.885% of the position
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.165%, 7d avg −0.118%
=Funding pays, the price is against you. OKX is 0.047% cheaper against SunX than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of −0.118%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$8 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SLX-USDT | 0.06664 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $1K | $431K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06653 | 0.0375 | get 0.0187% / 4h | 1h 04m | $1.8M | $1.7M | 20x |
SunX SLX-USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $57.74
- Price spread: −0.165% → −0.118%
- −$4.71
- Slippage, 4 orders
- −$270.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$235.44
- Costs to cover
- 2.885%
- Break-even
- 35.5 days
Slippage from SunX: live order book, 27 min ago; OKX: 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, 27 min ago | 56.85 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.75 bp | 32.0 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDTlong | +0.0100% | 4h | 0.06664 | long leg | $1K | $431K | 20x | |
| KuCoin SLXUSDTM | +0.0128% | 4h | 0.06655 | −0.135% | $976K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0375% | 4h | 0.06653 | −0.165% | $1.8M | $1.7M | 20x | |
| Bitget SLXUSDT | +0.0464% | 4h | 0.06651 | −0.195% | $1.0M | $275K | 20x | as long as short |
| Gate SLX_USDT | +0.0536% | 4h | 0.06651 | −0.195% | $305K | $697K | 25x | as long as short |
| BloFin SLX-USDT | +0.0729% | 4h | 0.06650 | −0.210% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0774% | 4h | 0.06650 | −0.210% | $1.8M | $233K | 20x | as long as short |
| Binance SLXUSDT | +0.0780% | 4h | 0.06657 | −0.105% | $2.5M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0827% | 4h | 0.06652 | −0.182% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.2044% | 4h | 0.06647 | −0.255% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
Gate SLX_USDT
BloFin SLX-USDT
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 | +0.2070% | 4h | 0.06636 | −0.420% | $1.0M | $411K | 20x | as long as short |
Bybit SLXUSDT