Funding you earn now, next payment 04:00 UTC+0.0448%/8h= +49.1% APRnext payment +$2.24 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against OKX+0.255%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now +0.255%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.264% dearer against OKX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.159% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.24 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 | 0.06656 | 0.0359 | pay 0.0179% / 4h | 14m 37s | $1.8M | $1.7M | 20x |
| Short | BloFin SLX-USDT | 0.06673 | 0.0807 | get 0.0403% / 4h | 14m 37s | $136K | $3K | 25x |
OKX SLX-USDT-SWAP
BloFin SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $94.11
- Price spread: +0.255% → −0.009%
- $26.45
- Slippage, 4 orders
- −$56.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $41.63
- Costs to cover
- 0.789%
- Break-even
- 3.9 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 15 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 | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.26 bp | 17.9 bp −$18 | 50.2 bp −$502 | 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 | 0.06687 | +0.466% | $1K | $440K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0130% | 4h | 0.06649 | −0.105% | $972K | $1.6M | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0359% | 4h | 0.06656 | long leg | $1.8M | $1.7M | 20x | |
| Gate SLX_USDT | +0.0554% | 4h | 0.06650 | −0.090% | $305K | $706K | 25x | as long as short |
| Bitget SLXUSDT | +0.0594% | 4h | 0.06647 | −0.135% | $1.0M | $275K | 20x | as long as short |
| BloFin SLX-USDTshort | +0.0807% | 4h | 0.06673 | +0.255% | $136K | $3K | 25x | |
| MEXC SLX_USDT | +0.0836% | 4h | 0.06640 | −0.240% | $1.8M | $229K | 20x | as long as short |
| Binance SLXUSDT | +0.0841% | 4h | 0.06645 | −0.167% | $2.5M | $3.1M | 25x | as long as short |
| Aster SLXUSDT | +0.0892% | 4h | 0.06664 | +0.121% | $15K | $27K | 10x | as long as short |
| BingX SLX-USDT | +0.1518% | 4h | 0.06647 | −0.135% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
Gate SLX_USDT
Bitget SLXUSDT
MEXC 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 | +0.1586% | 4h | 0.06631 | −0.376% | $1.0M | $423K | 20x | as long as short |
Bybit SLXUSDT