Funding you earn now, next payment 00:00 UTC+0.3096%/8h= +339.0% APRnext payment +$15.48 per $10,000 · paid last 24h +0.618%
Price spread now: Bybit against Bitget−0.391%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4584.580% of the position
Funding, last 7 days+0.684%+$68 on $10k
+Price spread, last 4 days (all we have)+0.412%+$41 · spread now −0.391%, 7d avg −0.112%
=Funding pays, the price is against you. Bybit is 0.278% cheaper against Bitget than usual: you would sell low and buy high (spread −0.391% now, against its 7-day average of −0.112%). If the spread goes back, that is −$28 on $10k: about 7 hours of funding at the current rate (+$93 a day). At the pace of the last 7 days (+0.684% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.684% in total (about 35.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.48 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 | 0.06658 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $1.0M | $370K | 20x |
| Short | Bybit SLXUSDT | 0.06632 | 0.3196 | get 0.1598% / 4h | 1h 36m | $962K | $336K | 20x |
Bitget SLXUSDT
Bybit SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $650.07
- Price spread: −0.391% → −0.112%
- −$27.81
- Slippage, 4 orders
- −$435
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $164.27
- Costs to cover
- 4.580%
- Break-even
- 5.2 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 44 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, 5 min ago | 4.50 bp | 26.5 bp −$27 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 44 min ago | 0.75 bp | 206.8 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06662 | +0.060% | $314K | $621K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06661 | +0.045% | $976K | $1.7M | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0100% | 4h | 0.06658 | long leg | $1.0M | $370K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06686 | +0.421% | $1K | $406K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0179% | 4h | 0.06658 | 0.000% | $1.8M | $1.8M | 20x | as long as short |
| Binance SLXUSDT | +0.0524% | 4h | 0.06657 | −0.015% | $2.5M | $2.8M | 25x | as long as short |
| MEXC SLX_USDT | +0.0534% | 4h | 0.06650 | −0.120% | $2.0M | $206K | 20x | as long as short |
| BloFin SLX-USDT | +0.0539% | 4h | 0.06667 | +0.135% | $135K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0573% | 4h | 0.06660 | +0.026% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3050% | 4h | 0.06657 | −0.015% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Binance SLXUSDT
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 SLXUSDTshort | +0.3196% | 4h | 0.06632 | −0.391% | $962K | $336K | 20x |