Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.007%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.007%, 7d avg +0.026%
=Funding pays, the price is against you. BloFin is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.026%). If the spread goes back, that is −$3 on $10k: about 9.9 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.003% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SLXUSDT | 0.06660 | 0.0779 | pay 0.0390% / 4h | 1h 08m | $2.5M | $3.0M | 25x |
| Short | BloFin SLX-USDT | 0.06660 | 0.0791 | get 0.0395% / 4h | 1h 08m | $168K | $3K | 25x |
Binance SLXUSDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $2.34
- Price spread: −0.007% → +0.026%
- −$3.3
- Slippage, 4 orders
- −$38.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.43
- Costs to cover
- 0.605%
- Break-even
- 190.6 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 28 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 Binance live order book, 12 min ago | 0.75 bp | 16.9 bp −$17 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 1.50 bp | 12.5 bp −$12 | 48.0 bp −$480 | 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-USDT | +0.0100% | 4h | 0.06674 | +0.203% | $1K | $432K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0124% | 4h | 0.06657 | −0.052% | $978K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0382% | 4h | 0.06665 | +0.068% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0468% | 4h | 0.06662 | +0.023% | $1.0M | $277K | 20x | as long as short |
| Gate SLX_USDT | +0.0538% | 4h | 0.06658 | −0.037% | $306K | $695K | 25x | as long as short |
| MEXC SLX_USDT | +0.0774% | 4h | 0.06650 | −0.157% | $1.8M | $233K | 20x | as long as short |
| Binance SLXUSDTlong | +0.0779% | 4h | 0.06660 | long leg | $2.5M | $3.0M | 25x | |
| BloFin SLX-USDTshort | +0.0791% | 4h | 0.06660 | −0.007% | $168K | $3K | 25x | |
| Aster SLXUSDT | +0.0835% | 4h | 0.06654 | −0.097% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.2060% | 4h | 0.06653 | −0.112% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
MEXC SLX_USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2130% | 4h | 0.06640 | −0.307% | $1.0M | $411K | 20x | as long as short |
Bybit SLXUSDT