Funding you earn now, next payment 00:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.62 per $10,000 · paid last 24h +0.117%
Price spread now: OKX against Bitget−0.030%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.030%, 7d avg +0.064%
=Funding pays, the price is against you. OKX is 0.094% cheaper against Bitget than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.064%). If the spread goes back, that is −$9 on $10k: about 2.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SLXUSDT | 0.06673 | 0.0148 | pay 0.0074% / 4h | 2h 09m | $1.0M | $371K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06671 | 0.0273 | get 0.0136% / 4h | 2h 09m | $1.8M | $1.8M | 20x |
Bitget SLXUSDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $26.18
- Price spread: −0.030% → +0.064%
- −$9.41
- Slippage, 4 orders
- −$74.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.9
- Costs to cover
- 0.967%
- Break-even
- 28.4 days
Slippage from Bitget: live order book, 6 min ago; OKX: live order book, 2 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, 6 min ago | 5.99 bp | 32.2 bp −$32 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.75 bp | 21.1 bp −$21 | 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 | 0.06671 | −0.030% | $314K | $619K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06673 | 0.000% | $981K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06688 | +0.225% | $2K | $404K | 20x | as long as short |
| Bitget SLXUSDTlong | +0.0148% | 4h | 0.06673 | long leg | $1.0M | $371K | 20x | |
| OKX SLX-USDT-SWAPshort | +0.0273% | 4h | 0.06671 | −0.030% | $1.8M | $1.8M | 20x | |
| Binance SLXUSDT | +0.0589% | 4h | 0.06673 | 0.000% | $2.6M | $2.8M | 25x | as long as short |
| MEXC SLX_USDT | +0.0594% | 4h | 0.06670 | −0.045% | $2.0M | $208K | 20x | as long as short |
| BloFin SLX-USDT | +0.0625% | 4h | 0.06681 | +0.120% | $170K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0652% | 4h | 0.06664 | −0.132% | $17K | $21K | 10x | as long as short |
| BingX SLX-USDT | +0.3212% | 4h | 0.06664 | −0.135% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
SunX SLX-USDT
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 SLXUSDT | +0.3319% | 4h | 0.06646 | −0.405% | $959K | $326K | 20x | as long as short |
Bybit SLXUSDT