Funding you earn now, next payment 12:00 UTC−0.1749%/8h= −191.6% APRnext payment −$8.75 per $10,000 · paid last 24h −0.587%
Price spread now: BloFin against BingX+0.192%96s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as 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−$900.900% of the position
Funding, last 7 days−0.912%−$91 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.192%, 7d avg +0.071%
=The price spread pays, funding is against you. BloFin is 0.120% dearer against BingX than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of +0.071%): +$12 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.912% in total) that is about 22 hours. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.912% in total (about -47.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.75 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 | BingX SLX-USDT | 0.06785 | 0.2158 | pay 0.1079% / 4h | 3h 37m | — | $1.7M | — |
| Short | BloFin SLX-USDT | 0.06798 | 0.0409 | get 0.0204% / 4h | 3h 37m | $167K | $8K | 25x |
BingX SLX-USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$367.38
- Price spread: +0.192% → +0.071%
- $12.02
- Slippage, 4 orders
- −$68.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$445.41
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 27 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 BingX live order book, 10 min ago | 3.68 bp | 27.7 bp −$28 | 146.8 bp −$1,468 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 2.95 bp | 17.3 bp −$17 | 98.1 bp −$981 | 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 | 0.06790 | +0.074% | $998K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06794 | +0.133% | $1.0M | $377K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06801 | +0.236% | $1K | $531K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0111% | 4h | 0.06789 | +0.059% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDT | +0.0182% | 4h | 0.06789 | +0.059% | $323K | $775K | 25x | as long as short |
| MEXC SLX_USDT | +0.0352% | 4h | 0.06790 | +0.074% | $1.8M | $273K | 20x | as long as short |
| Binance SLXUSDT | +0.0353% | 4h | 0.06795 | +0.140% | $2.6M | $3.7M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0409% | 4h | 0.06798 | +0.192% | $167K | $8K | 25x | |
| Aster SLXUSDT | +0.0711% | 4h | 0.06791 | +0.088% | $19K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.1922% | 4h | 0.06772 | −0.192% | $1.0M | $609K | 20x | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDTlong | +0.2158% | 4h | 0.06785 | long leg | — | $1.7M | — |