Funding you earn now, next payment 00:00 UTC+0.0327%/8h= +35.8% APRnext payment +$1.64 per $10,000 · paid last 24h +0.161%
Price spread now: Binance against KuCoin+0.090%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$738as in the Price arb table
costs, in and out, $10k−$7417.415% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.090%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SLXUSDTM | 0.06641 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $970K | $1.7M | 20x |
| Short | Binance SLXUSDT | 0.06647 | 0.0427 | get 0.0214% / 4h | 1h 03m | $2.5M | $2.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $68.69
- Price spread: +0.090% → +0.056%
- $3.48
- Slippage, 4 orders
- −$719.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$669.31
- Costs to cover
- 7.415%
- Break-even
- 75.2 days
Slippage from KuCoin: live order book, 2 min ago; Binance: 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 KuCoin live order book, 2 min ago | 2.26 bp | 294.1 bp −$294 | 2551.3 bp −$25.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.75 bp | 17.7 bp −$18 | 67.4 bp −$674 | 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 | 0.06645 | +0.060% | $312K | $632K | 25x | as long as short |
| KuCoin SLXUSDTMlong | +0.0100% | 4h | 0.06641 | long leg | $970K | $1.7M | 20x | |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06639 | −0.030% | $1.0M | $363K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06655 | +0.211% | $1K | $418K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0209% | 4h | 0.06649 | +0.120% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0416% | 4h | 0.06640 | −0.015% | $2.0M | $208K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0427% | 4h | 0.06647 | +0.090% | $2.5M | $2.9M | 25x | |
| BloFin SLX-USDT | +0.0440% | 4h | 0.06634 | −0.105% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0483% | 4h | 0.06636 | −0.075% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.3056% | 4h | 0.06639 | −0.030% | — | $1.7M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3409% | 4h | 0.06618 | −0.346% | $958K | $347K | 20x | as long as short |
KuCoin SLXUSDTM
Binance SLXUSDT
Gate SLX_USDT
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDT
Bybit SLXUSDT