Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.281%64s7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$590.593% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.281%, 7d avg −0.115%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.166% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.115%). Swap the legs. The two prices were read 64 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 | 0.06759 | 0.0250 | pay 0.0125% / 4h | 36m 11s | $167K | $8K | 25x |
| Short | MEXC SLX_USDT | 0.06740 | 0.0192 | get 0.0096% / 4h | 36m 11s | $1.9M | $258K | 20x |
BloFin SLX-USDT
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$12.08
- Price spread: −0.281% → −0.115%
- −$16.57
- Slippage, 4 orders
- −$43.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.95
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, 6 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, 34 min ago | 4.41 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 7.38 bp | 9.4 bp −$9 | 36.7 bp −$367 | 278.8 bp −$27.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SLX-USDT-SWAP | +0.0100% | 4h | 0.06742 | −0.252% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDT | +0.0100% | 4h | 0.06742 | −0.252% | $320K | $776K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06737 | −0.325% | $991K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06742 | −0.252% | $1.0M | $371K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06755 | −0.059% | $1K | $527K | 20x | as long as short |
| Binance SLXUSDT | +0.0188% | 4h | 0.06743 | −0.237% | $2.5M | $3.7M | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0192% | 4h | 0.06740 | −0.281% | $1.9M | $258K | 20x | |
| BloFin SLX-USDTlong | +0.0250% | 4h | 0.06759 | long leg | $167K | $8K | 25x | |
| Aster SLXUSDT | +0.0498% | 4h | 0.06740 | −0.288% | $18K | $34K | 10x | as long as short |
| BingX SLX-USDT | +0.1034% | 4h | 0.06731 | −0.414% | — | $1.7M | — | as long as short |
OKX SLX-USDT-SWAP
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Binance SLXUSDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.1139% | 4h | 0.06723 | −0.533% | $1.0M | $595K | 20x | as long as short |
Bybit SLXUSDT