Funding you earn now, next payment 12:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.181%61s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as 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−$890.885% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.181%, 7d avg −0.026%
=The price spread pays, funding is against you. Binance is 0.207% dearer against BloFin than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of −0.026%): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 49 days. At the pace of the last 7 days (−0.005% in total) that is about 9 months. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SLX-USDT | 0.06794 | 0.0367 | pay 0.0184% / 4h | 2h 00m | $168K | $8K | 25x |
| Short | Binance SLXUSDT | 0.06806 | 0.0353 | get 0.0177% / 4h | 2h 00m | $2.6M | $3.6M | 25x |
BloFin SLX-USDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$2.96
- Price spread: +0.181% → −0.026%
- $20.71
- Slippage, 4 orders
- −$66.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.77
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; Binance: live order book, 14 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 BloFin live order book, 44 min ago | 1.47 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.47 bp | 24.4 bp −$24 | 199.4 bp −$1,994 | doesn't fit | doesn't fit |
SLX on 11 exchanges
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 | 0.06801 | +0.103% | $1.0M | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06806 | +0.177% | $2K | $514K | 20x | as long as short |
| Gate SLX_USDT | +0.0126% | 4h | 0.06796 | +0.029% | $321K | $784K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0155% | 4h | 0.06807 | +0.191% | $1.8M | $2.0M | 20x | as long as short |
| Bitget SLXUSDT | +0.0200% | 4h | 0.06800 | +0.088% | $1.1M | $376K | 20x | as long as short |
| Bybit SLXUSDT | +0.0261% | 4h | 0.06788 | −0.088% | $1.0M | $613K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0353% | 4h | 0.06806 | +0.181% | $2.6M | $3.6M | 25x | |
| MEXC SLX_USDT | +0.0358% | 4h | 0.06800 | +0.088% | $1.8M | $295K | 20x | as long as short |
| BloFin SLX-USDTlong | +0.0367% | 4h | 0.06794 | long leg | $168K | $8K | 25x | |
| BingX SLX-USDT | +0.0368% | 4h | 0.06796 | +0.029% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
Gate SLX_USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Bybit SLXUSDT
MEXC SLX_USDT
BingX SLX-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SLXUSDT | +0.0761% | 4h | 0.06799 | +0.072% | $19K | $36K | 10x | as long as short |
Aster SLXUSDT