Funding you earn now, next payment 12:00 UTC−0.0243%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against MEXC−0.015%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.015%, 7d avg +0.073%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.088% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 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 | 0.06790 | 0.0354 | pay 0.0177% / 4h | 3h 37m | $1.8M | $273K | 20x |
| Short | OKX SLX-USDT-SWAP | 0.06789 | 0.0111 | get 0.0055% / 4h | 3h 37m | $1.8M | $2.1M | 20x |
MEXC SLX_USDT
OKX SLX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$51.11
- Price spread: −0.015% → +0.073%
- −$8.82
- Slippage, 4 orders
- −$48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$121.94
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 7.36 bp | 9.4 bp −$9 | 37.0 bp −$370 | 263.2 bp −$26.3K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.74 bp | 19.3 bp −$19 | 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 | 0.06789 | −0.015% | $998K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06793 | +0.044% | $1.0M | $377K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06801 | +0.162% | $1K | $531K | 20x | as long as short |
| OKX SLX-USDT-SWAPshort | +0.0111% | 4h | 0.06789 | −0.015% | $1.8M | $2.1M | 20x | |
| Gate SLX_USDT | +0.0178% | 4h | 0.06788 | −0.029% | $323K | $775K | 25x | as long as short |
| Binance SLXUSDT | +0.0353% | 4h | 0.06793 | +0.044% | $2.6M | $3.7M | 25x | as long as short |
| MEXC SLX_USDTlong | +0.0354% | 4h | 0.06790 | long leg | $1.8M | $273K | 20x | |
| BloFin SLX-USDT | +0.0409% | 4h | 0.06798 | +0.118% | $167K | $8K | 25x | as long as short |
| Aster SLXUSDT | +0.0712% | 4h | 0.06791 | +0.015% | $19K | $35K | 10x | as long as short |
| Bybit SLXUSDT | +0.1831% | 4h | 0.06771 | −0.280% | $1.0M | $609K | 20x | as long as short |
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Gate SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
Bybit SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.2498% | 4h | 0.06784 | −0.088% | — | $1.7M | — | as long as short |
BingX SLX-USDT