Funding you earn now, next payment 08:00 UTC+0.1048%/8h= +114.8% APRnext payment +$5.24 per $10,000 · paid last 24h +0.702%
Price spread now: BingX against OKX−0.074%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days+0.730%+$73 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.074%, 7d avg −0.038%
=Funding pays, the price is against you. BingX is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.038%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.730% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.730% in total (about 38.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.24 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 | OKX SLX-USDT-SWAP | 0.06747 | 0.0100 | pay 0.0050% / 4h | 20m 12s | $1.8M | $2.1M | 20x |
| Short | BingX SLX-USDT | 0.06742 | 0.1148 | get 0.0574% / 4h | 20m 12s | — | $1.7M | — |
OKX SLX-USDT-SWAP
BingX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $220.08
- Price spread: −0.074% → −0.038%
- −$3.65
- Slippage, 4 orders
- −$79.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $116.47
- Costs to cover
- 1.000%
- Break-even
- 3.3 days
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 2 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 | 0.74 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.45 bp | 25.6 bp −$26 | 119.1 bp −$1,191 | 1204.9 bp −$120.5K | 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-SWAPlong | +0.0100% | 4h | 0.06747 | long leg | $1.8M | $2.1M | 20x | |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06749 | +0.030% | $993K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06752 | +0.074% | $1.0M | $372K | 20x | as long as short |
| SunX SLX-USDT | +0.0100% | 4h | 0.06766 | +0.282% | $984 | $527K | 20x | as long as short |
| Gate SLX_USDT | +0.0150% | 4h | 0.06752 | +0.074% | $321K | $781K | 25x | as long as short |
| BloFin SLX-USDT | +0.0224% | 4h | 0.06748 | +0.015% | $167K | $8K | 25x | as long as short |
| MEXC SLX_USDT | +0.0256% | 4h | 0.06750 | +0.044% | $1.9M | $260K | 20x | as long as short |
| Binance SLXUSDT | +0.0270% | 4h | 0.06752 | +0.074% | $2.5M | $3.7M | 25x | as long as short |
| Aster SLXUSDT | +0.0564% | 4h | 0.06739 | −0.116% | $19K | $35K | 10x | as long as short |
| BingX SLX-USDTshort | +0.1148% | 4h | 0.06742 | −0.074% | — | $1.7M | — |
KuCoin SLXUSDTM
Bitget SLXUSDT
SunX SLX-USDT
Gate SLX_USDT
BloFin SLX-USDT
MEXC 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 | +0.1218% | 4h | 0.06729 | −0.267% | $1.0M | $596K | 20x | as long as short |
Bybit SLXUSDT