Funding you earn now, next payment 00:00 UTC+0.0417%/8h= +45.7% APRnext payment +$2.09 per $10,000 · paid last 24h +0.158%
Price spread now: BloFin against KuCoin−0.015%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$633as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6716.710% of the position
Funding, last 7 days+0.383%+$38 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now −0.015%, 7d avg +0.067%
=Funding pays, the price is against you. BloFin is 0.082% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.067%). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.383% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SLXUSDTM | 0.06652 | 0.0100 | pay 0.0050% / 4h | 41m 07s | $971K | $1.7M | 20x |
| Short | BloFin SLX-USDT | 0.06651 | 0.0517 | get 0.0259% / 4h | 41m 07s | $166K | $3K | 25x |
KuCoin SLXUSDTM
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $87.6
- Price spread: −0.015% → +0.067%
- −$8.2
- Slippage, 4 orders
- −$647
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$591.61
- Costs to cover
- 6.710%
- Break-even
- 54.3 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 21 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, 5 min ago | 2.99 bp | 208.4 bp −$208 | 2352.9 bp −$23.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.76 bp | 16.9 bp −$17 | 35.7 bp −$357 | 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 | 0.06652 | 0.000% | $317K | $640K | 25x | as long as short |
| KuCoin SLXUSDTMlong | +0.0100% | 4h | 0.06652 | long leg | $971K | $1.7M | 20x | |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06657 | +0.075% | $1.0M | $361K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06661 | +0.135% | $1K | $421K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0275% | 4h | 0.06649 | −0.045% | $1.8M | $1.8M | 20x | as long as short |
| MEXC SLX_USDT | +0.0506% | 4h | 0.06650 | −0.030% | $1.9M | $215K | 20x | as long as short |
| Binance SLXUSDT | +0.0506% | 4h | 0.06650 | −0.030% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0517% | 4h | 0.06651 | −0.015% | $166K | $3K | 25x | |
| Aster SLXUSDT | +0.0563% | 4h | 0.06650 | −0.029% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.3510% | 4h | 0.06642 | −0.150% | — | $1.7M | — | as long as short |
Gate SLX_USDT
Bitget SLXUSDT
SunX SLX-USDT
OKX SLX-USDT-SWAP
MEXC 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 | +0.3693% | 4h | 0.06621 | −0.466% | $960K | $349K | 20x | as long as short |
Bybit SLXUSDT