Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC+0.165%49s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.165%, 7d avg +0.114%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.052% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.114%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SLX_USDT | 0.06660 | 0.0740 | pay 0.0370% / 4h | 1h 30m | $1.8M | $231K | 20x |
| Short | BloFin SLX-USDT | 0.06671 | 0.0760 | get 0.0380% / 4h | 1h 30m | $168K | $3K | 25x |
MEXC SLX_USDT
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.15
- Price spread: +0.165% → +0.114%
- $5.16
- Slippage, 4 orders
- −$32.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.74
- Costs to cover
- 0.481%
- Break-even
- 72.4 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 7 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, 1 min ago | 7.50 bp | 9.5 bp −$10 | 41.2 bp −$412 | 280.5 bp −$28.0K | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.50 bp | 12.5 bp −$12 | 48.0 bp −$480 | 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 | 0.06675 | +0.225% | $1K | $433K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0124% | 4h | 0.06663 | +0.045% | $977K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0356% | 4h | 0.06666 | +0.090% | $1.0M | $275K | 20x | as long as short |
| OKX SLX-USDT-SWAP | +0.0370% | 4h | 0.06660 | 0.000% | $1.8M | $1.7M | 20x | as long as short |
| Gate SLX_USDT | +0.0522% | 4h | 0.06665 | +0.075% | $306K | $686K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0740% | 4h | 0.06660 | long leg | $1.8M | $231K | 20x | |
| Binance SLXUSDT | +0.0750% | 4h | 0.06662 | +0.030% | $2.5M | $3.0M | 25x | as long as short |
| BloFin SLX-USDTshort | +0.0760% | 4h | 0.06671 | +0.165% | $168K | $3K | 25x | |
| Aster SLXUSDT | +0.0811% | 4h | 0.06654 | −0.090% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1824% | 4h | 0.06659 | −0.015% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
OKX SLX-USDT-SWAP
Gate 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 | +0.2023% | 4h | 0.06643 | −0.255% | $1.0M | $408K | 20x | as long as short |
Bybit SLXUSDT