Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.015%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.015%, 7d avg +0.058%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06720 | 0.0752 | pay 0.0376% / 4h | 3h 24m | $1.7M | $237K | 20x |
| Short | Binance SLXUSDT | 0.06721 | 0.0740 | get 0.0370% / 4h | 3h 24m | $2.5M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$2.45
- Price spread: +0.015% → +0.058%
- −$4.35
- Slippage, 4 orders
- −$60.19
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$80.99
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 11 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 MEXC live order book, 2 min ago | 14.88 bp | 16.9 bp −$17 | 55.7 bp −$557 | 292.4 bp −$29.2K | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.21 bp | 19.7 bp −$20 | 95.4 bp −$954 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SLX-USDT | +0.0100% | 4h | 0.06738 | +0.268% | $1K | $479K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0160% | 4h | 0.06724 | +0.060% | $983K | $1.6M | 20x | as long as short |
| Gate SLX_USDT | +0.0190% | 4h | 0.06723 | +0.045% | $311K | $737K | 25x | as long as short |
| OKX SLX-USDT-SWAP | +0.0348% | 4h | 0.06725 | +0.074% | $1.8M | $1.9M | 20x | as long as short |
| Bybit SLXUSDT | +0.0413% | 4h | 0.06709 | −0.164% | $988K | $472K | 20x | as long as short |
| Bitget SLXUSDT | +0.0456% | 4h | 0.06719 | −0.015% | $1.0M | $338K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0740% | 4h | 0.06721 | +0.015% | $2.5M | $3.4M | 25x | |
| MEXC SLX_USDTlong | +0.0752% | 4h | 0.06720 | long leg | $1.7M | $237K | 20x | |
| BloFin SLX-USDT | +0.0759% | 4h | 0.06718 | −0.030% | $170K | $7K | 25x | as long as short |
| Aster SLXUSDT | +0.0866% | 4h | 0.06723 | +0.047% | $16K | $32K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.1030% | 4h | 0.06721 | +0.015% | — | $1.7M | — | as long as short |
MEXC SLX_USDT
Binance SLXUSDT
SunX SLX-USDT
KuCoin SLXUSDTM
Gate SLX_USDT
OKX SLX-USDT-SWAP
Bybit SLXUSDT
Bitget SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDT