Funding you earn now, next payment 12:00 UTC−0.3010%/8h= −329.6% APRnext payment −$15.05 per $10,000 · paid last 24h −0.732%
Price spread now: Bitget against Bybit+0.266%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2682.683% of the position
Funding, last 7 days−0.928%−$93 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.266%, 7d avg +0.132%
=The price spread pays, funding is against you. Bitget is 0.133% dearer against Bybit than usual: you sell high and buy low (spread +0.266% now, against its 7-day average of +0.132%): +$13 on $10k if it goes back. Holding the pair costs −$90 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.928% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.928% in total (about -48.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.05 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 | Bybit SLXUSDT | 0.06775 | 0.3110 | pay 0.1555% / 4h | 3h 53m | $1.0M | $598K | 20x |
| Short | Bitget SLXUSDT | 0.06793 | 0.0100 | get 0.0050% / 4h | 3h 53m | $1.0M | $375K | 20x |
Bybit SLXUSDT
Bitget SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$632.11
- Price spread: +0.266% → +0.132%
- $13.33
- Slippage, 4 orders
- −$245.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$887.04
- Costs to cover
- 2.683%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago | 4.43 bp | 90.3 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.42 bp | 27.2 bp −$27 | 293.3 bp −$2,933 | 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 | 0.06789 | +0.207% | $999K | $1.6M | 20x | as long as short |
| Bitget SLXUSDTshort | +0.0100% | 4h | 0.06793 | +0.266% | $1.0M | $375K | 20x | |
| SunX SLX-USDT | +0.0100% | 4h | 0.06799 | +0.354% | $1K | $527K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0114% | 4h | 0.06790 | +0.221% | $1.8M | $2.1M | 20x | as long as short |
| BloFin SLX-USDT | +0.0275% | 4h | 0.06790 | +0.221% | $168K | $8K | 25x | as long as short |
| MEXC SLX_USDT | +0.0320% | 4h | 0.06780 | +0.074% | $1.8M | $272K | 20x | as long as short |
| Binance SLXUSDT | +0.0320% | 4h | 0.06792 | +0.257% | $2.5M | $3.7M | 25x | as long as short |
| Gate SLX_USDT | +0.0482% | 4h | 0.06791 | +0.236% | $323K | $769K | 25x | as long as short |
| Aster SLXUSDT | +0.0674% | 4h | 0.06794 | +0.273% | $20K | $35K | 10x | as long as short |
| Bybit SLXUSDTlong | +0.3110% | 4h | 0.06775 | long leg | $1.0M | $598K | 20x |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
BloFin SLX-USDT
MEXC SLX_USDT
Binance SLXUSDT
Gate SLX_USDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.4108% | 4h | 0.06788 | +0.192% | — | $1.7M | — | as long as short |
BingX SLX-USDT