Funding you earn now, next payment 00:00 UTC+0.0216%/8h= +23.7% APRnext payment +$1.08 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against OKX+0.045%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.045%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.056% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SLX-USDT-SWAP | 0.06616 | 0.0275 | pay 0.0138% / 4h | 24m 43s | $1.8M | $1.8M | 20x |
| Short | Binance SLXUSDT | 0.06619 | 0.0492 | get 0.0246% / 4h | 24m 43s | $2.5M | $2.9M | 25x |
OKX SLX-USDT-SWAP
Binance SLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $45.42
- Price spread: +0.045% → −0.010%
- $5.58
- Slippage, 4 orders
- −$49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18
- Costs to cover
- 0.690%
- Break-even
- 9.8 days
Slippage from OKX: 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 OKX live order book, 2 min ago | 0.75 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.51 bp | 14.6 bp −$15 | 86.3 bp −$863 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SLX-USDT | +0.0070% | 4h | 0.06618 | +0.030% | — | $1.7M | — | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06628 | +0.181% | $964K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06618 | +0.030% | $1.0M | $357K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06635 | +0.287% | $1K | $422K | 20x | as long as short |
| Gate SLX_USDT | +0.0162% | 4h | 0.06618 | +0.030% | $315K | $644K | 25x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0275% | 4h | 0.06616 | long leg | $1.8M | $1.8M | 20x | |
| MEXC SLX_USDT | +0.0490% | 4h | 0.06610 | −0.091% | $1.9M | $219K | 20x | as long as short |
| Binance SLXUSDTshort | +0.0492% | 4h | 0.06619 | +0.045% | $2.5M | $2.9M | 25x | |
| BloFin SLX-USDT | +0.0497% | 4h | 0.06634 | +0.272% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0544% | 4h | 0.06628 | +0.178% | $15K | $28K | 10x | as long as short |
BingX SLX-USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Gate SLX_USDT
MEXC SLX_USDT
BloFin SLX-USDT
Aster SLXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.3489% | 4h | 0.06595 | −0.317% | $967K | $356K | 20x | as long as short |
Bybit SLXUSDT