Funding you earn now, next payment 00:00 UTC+0.0397%/8h= +43.5% APRnext payment +$1.99 per $10,000 · paid last 24h +0.123%
Price spread now: Binance against Bitget+0.174%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.174%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.151% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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 | Bitget SLXUSDT | 0.06656 | 0.0108 | pay 0.0054% / 4h | 2h 28m | $1.0M | $371K | 20x |
| Short | Binance SLXUSDT | 0.06668 | 0.0505 | get 0.0253% / 4h | 2h 28m | $2.6M | $2.8M | 25x |
Bitget SLXUSDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $83.4
- Price spread: +0.174% → +0.023%
- $15.13
- Slippage, 4 orders
- −$70.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.85
- Costs to cover
- 0.927%
- Break-even
- 6.5 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 7 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 Bitget live order book, 2 min ago | 6.76 bp | 30.6 bp −$31 | 296.6 bp −$2,966 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.50 bp | 16.7 bp −$17 | 64.3 bp −$643 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06657 | +0.015% | $315K | $612K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06659 | +0.045% | $980K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06670 | +0.210% | $957 | $402K | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0108% | 4h | 0.06656 | long leg | $1.0M | $371K | 20x | |
| OKX SLX-USDT-SWAP | +0.0245% | 4h | 0.06663 | +0.105% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0502% | 4h | 0.06660 | +0.060% | $2.0M | $207K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0505% | 4h | 0.06668 | +0.174% | $2.6M | $2.8M | 25x | |
| BloFin SLX-USDT | +0.0559% | 4h | 0.06657 | +0.015% | $169K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0566% | 4h | 0.06654 | −0.030% | $16K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3376% | 4h | 0.06652 | −0.060% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
BloFin 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 | +0.3434% | 4h | 0.06635 | −0.316% | $954K | $321K | 20x | as long as short |
Bybit SLXUSDT