Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against BingX−0.135%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2142.139% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.135%, 7d avg −0.108%
=Funding pays, the price is against you. Bybit is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.108%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.149%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SLX-USDT | 0.06645 | 0.1824 | pay 0.0912% / 4h | 1h 33m | — | $1.7M | — |
| Short | Bybit SLXUSDT | 0.06636 | 0.1933 | get 0.0967% / 4h | 1h 33m | $1.0M | $407K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $22.97
- Price spread: −0.135% → −0.108%
- −$2.75
- Slippage, 4 orders
- −$192.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$193.67
- Costs to cover
- 2.139%
- Break-even
- 66.0 days
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 22 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, 13 min ago | 3.77 bp | 19.3 bp −$19 | 74.4 bp −$744 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 22 min ago | 3.77 bp | 75.3 bp −$75 | 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 | 0.06649 | +0.060% | $976K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06667 | +0.331% | $1K | $432K | 20x | as long as short |
| Bitget SLXUSDT | +0.0280% | 4h | 0.06654 | +0.135% | $1.0M | $275K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0345% | 4h | 0.06657 | +0.181% | $1.8M | $1.7M | 20x | as long as short |
| Gate SLX_USDT | +0.0482% | 4h | 0.06651 | +0.090% | $305K | $685K | 25x | as long as short |
| BloFin SLX-USDT | +0.0700% | 4h | 0.06659 | +0.211% | $169K | $3K | 25x | as long as short |
| MEXC SLX_USDT | +0.0714% | 4h | 0.06650 | +0.075% | $1.8M | $231K | 20x | as long as short |
| Binance SLXUSDT | +0.0725% | 4h | 0.06655 | +0.155% | $2.5M | $3.0M | 25x | as long as short |
| Aster SLXUSDT | +0.0782% | 4h | 0.06650 | +0.082% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDTlong | +0.1824% | 4h | 0.06645 | long leg | — | $1.7M | — |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDTshort | +0.1933% | 4h | 0.06636 | −0.135% | $1.0M | $407K | 20x |
BingX SLX-USDT
Bybit SLXUSDT
KuCoin SLXUSDTM
SunX SLX-USDT
Bitget SLXUSDT
OKX SLX-USDT-SWAP
Gate SLX_USDT
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Aster SLXUSDT