Funding you earn now, next payment 04:00 UTC−0.0277%/8h= −30.4% APRnext payment −$1.39 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against Binance+0.014%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.014%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.162%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.39 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 | Binance SLXUSDT | 0.06631 | 0.0539 | pay 0.0270% / 4h | 3h 31m | $2.5M | $3.0M | 25x |
| Short | OKX SLX-USDT-SWAP | 0.06632 | 0.0262 | get 0.0131% / 4h | 3h 31m | $1.8M | $1.8M | 20x |
Binance SLXUSDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$58.23
- Price spread: +0.014% → +0.010%
- $0.38
- Slippage, 4 orders
- −$59.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$137.85
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago | 2.26 bp | 17.5 bp −$18 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.75 bp | 25.4 bp −$25 | 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 | 0.06630 | −0.016% | $975K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06641 | +0.150% | $1K | $433K | 20x | as long as short |
| Gate SLX_USDT | +0.0220% | 4h | 0.06629 | −0.031% | $306K | $665K | 25x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0262% | 4h | 0.06632 | +0.014% | $1.8M | $1.8M | 20x | |
| Bitget SLXUSDT | +0.0408% | 4h | 0.06631 | −0.001% | $1.0M | $322K | 20x | as long as short |
| BloFin SLX-USDT | +0.0534% | 4h | 0.06634 | +0.044% | $166K | $3K | 25x | as long as short |
| Binance SLXUSDTlong | +0.0539% | 4h | 0.06631 | long leg | $2.5M | $3.0M | 25x | |
| MEXC SLX_USDT | +0.0548% | 4h | 0.06630 | −0.016% | $1.9M | $221K | 20x | as long as short |
| Aster SLXUSDT | +0.0596% | 4h | 0.06624 | −0.108% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.2062% | 4h | 0.06627 | −0.061% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
Bitget SLXUSDT
BloFin 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 | +0.2441% | 4h | 0.06609 | −0.333% | $976K | $365K | 20x | as long as short |
Bybit SLXUSDT