Funding you earn now, next payment 12:00 UTC+0.1422%/8h= +155.7% APRnext payment +$7.11 per $10,000 · paid last 24h +0.586%
Price spread now: BingX against MEXC−0.133%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days+0.918%+$92 on $10k
+Price spread, last 7 days+0.192%+$19 · spread now −0.133%, 7d avg +0.034%
=Funding pays, the price is against you. BingX is 0.167% cheaper against MEXC than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.034%). If the spread goes back, that is −$17 on $10k: about 9 hours of funding at the current rate (+$43 a day). At the pace of the last 7 days (+0.918% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.918% in total (about 47.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.11 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 | MEXC SLX_USDT | 0.06770 | 0.0316 | pay 0.0158% / 4h | 3h 27m | $1.8M | $273K | 20x |
| Short | BingX SLX-USDT | 0.06761 | 0.1738 | get 0.0869% / 4h | 3h 27m | — | $1.7M | — |
MEXC SLX_USDT
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $298.62
- Price spread: −0.133% → +0.034%
- −$16.74
- Slippage, 4 orders
- −$52.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $215.09
- Costs to cover
- 0.668%
- Break-even
- 2.0 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 5 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, 3 min ago | 7.41 bp | 9.4 bp −$9 | 37.9 bp −$379 | 276.5 bp −$27.6K | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.96 bp | 22.5 bp −$23 | 96.4 bp −$964 | 1179.6 bp −$118.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SLX-USDT-SWAP | +0.0100% | 4h | 0.06775 | +0.074% | $1.8M | $2.1M | 20x | as long as short |
| Gate SLX_USDT | +0.0100% | 4h | 0.06771 | +0.015% | $322K | $779K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06767 | −0.044% | $994K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06782 | +0.177% | $1.1M | $389K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06766 | −0.059% | $1K | $531K | 20x | as long as short |
| BloFin SLX-USDT | +0.0293% | 4h | 0.06768 | −0.030% | $168K | $8K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0316% | 4h | 0.06770 | long leg | $1.8M | $273K | 20x | |
| Binance SLXUSDT | +0.0320% | 4h | 0.06779 | +0.133% | $2.5M | $3.8M | 25x | as long as short |
| Aster SLXUSDT | +0.0672% | 4h | 0.06771 | +0.011% | $19K | $35K | 10x | as long as short |
| BingX SLX-USDTshort | +0.1738% | 4h | 0.06761 | −0.133% | — | $1.7M | — |
OKX SLX-USDT-SWAP
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
BloFin SLX-USDT
Binance SLXUSDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2051% | 4h | 0.06756 | −0.207% | $1.0M | $612K | 20x | as long as short |
Bybit SLXUSDT