Funding you earn now, next payment 04:00 UTC−0.0308%/8h= −33.7% APRnext payment −$1.54 per $10,000 · paid last 24h −0.059%
Price spread now: Gate against MEXC−0.241%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$548as in the Funding arb table
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$5365.359% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.241%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.273% cheaper against MEXC than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.54 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 | 0.06640 | 0.0532 | pay 0.0266% / 4h | 3h 35m | $1.9M | $221K | 20x |
| Short | Gate SLX_USDT | 0.06624 | 0.0224 | get 0.0112% / 4h | 3h 35m | $306K | $662K | 25x |
MEXC SLX_USDT
Gate SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$64.68
- Price spread: −0.241% → +0.033%
- −$27.35
- Slippage, 4 orders
- −$516.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$627.96
- Costs to cover
- 5.359%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 36 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 | 7.55 bp | 9.5 bp −$10 | 38.3 bp −$383 | 277.4 bp −$27.7K | doesn't fit |
| Sell Gate live order book, 36 min ago | 3.01 bp | 300.5 bp −$300 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06636 | −0.060% | $975K | $1.7M | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06638 | −0.030% | $1K | $432K | 20x | as long as short |
| Gate SLX_USDTshort | +0.0224% | 4h | 0.06624 | −0.241% | $306K | $662K | 25x | |
| OKX SLX-USDT-SWAP | +0.0265% | 4h | 0.06639 | −0.015% | $1.8M | $1.8M | 20x | as long as short |
| Bitget SLXUSDT | +0.0428% | 4h | 0.06628 | −0.181% | $1.0M | $320K | 20x | as long as short |
| BloFin SLX-USDT | +0.0479% | 4h | 0.06627 | −0.196% | $167K | $3K | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0532% | 4h | 0.06640 | long leg | $1.9M | $221K | 20x | |
| Binance SLXUSDT | +0.0543% | 4h | 0.06639 | −0.015% | $2.5M | $2.9M | 25x | as long as short |
| Aster SLXUSDT | +0.0601% | 4h | 0.06616 | −0.361% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.2252% | 4h | 0.06623 | −0.256% | — | $1.7M | — | as long as short |
KuCoin SLXUSDTM
SunX SLX-USDT
OKX SLX-USDT-SWAP
Bitget SLXUSDT
BloFin 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 | +0.2323% | 4h | 0.06613 | −0.407% | $976K | $364K | 20x | as long as short |
Bybit SLXUSDT