Funding you earn now, next payment 04:00 UTC−0.0958%/8h= −104.9% APRnext payment −$4.79 per $10,000 · paid last 24h −0.626%
Price spread now: Binance against Bybit+0.340%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2202.198% of the position
Funding, last 7 days−0.686%−$69 on $10k
+Price spread, last 4 days (all we have)−0.354%−$35 · spread now +0.340%, 7d avg +0.149%
=The price spread pays, funding is against you. Binance is 0.191% dearer against Bybit than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of +0.149%): +$19 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.686% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SLXUSDT | 0.06584 | 0.1703 | pay 0.0852% / 4h | 42m 29s | $993K | $411K | 20x |
| Short | Binance SLXUSDT | 0.06606 | 0.0745 | get 0.0373% / 4h | 42m 29s | $2.5M | $3.0M | 25x |
Bybit SLXUSDT
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$201.16
- Price spread: +0.340% → +0.149%
- $19.1
- Slippage, 4 orders
- −$198.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$401.86
- Costs to cover
- 2.198%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 8 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 Bybit live order book, 13 min ago | 2.27 bp | 132.1 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.76 bp | 15.3 bp −$15 | 126.2 bp −$1,262 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06604 | +0.304% | $967K | $1.6M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06625 | +0.623% | $1K | $431K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0326% | 4h | 0.06607 | +0.349% | $1.8M | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0404% | 4h | 0.06606 | +0.334% | $1.0M | $276K | 20x | as long as short |
| Gate SLX_USDT | +0.0502% | 4h | 0.06606 | +0.334% | $303K | $690K | 25x | as long as short |
| MEXC SLX_USDT | +0.0734% | 4h | 0.06600 | +0.243% | $1.8M | $226K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0745% | 4h | 0.06606 | +0.340% | $2.5M | $3.0M | 25x | |
| BloFin SLX-USDT | +0.0780% | 4h | 0.06611 | +0.410% | $168K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0784% | 4h | 0.06602 | +0.273% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDT | +0.1620% | 4h | 0.06600 | +0.243% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
Gate SLX_USDT
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 SLXUSDTlong | +0.1703% | 4h | 0.06584 | long leg | $993K | $411K | 20x |