Funding you earn now, next payment 04:00 UTC+0.0370%/8h= +40.6% APRnext payment +$1.85 per $10,000 · paid last 24h +0.029%
Price spread now: MEXC against OKX−0.045%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.045%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and MEXC is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.163%, 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 -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.85 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 | 0.06663 | 0.0370 | pay 0.0185% / 4h | 1h 30m | $1.8M | $1.7M | 20x |
| Short | MEXC SLX_USDT | 0.06660 | 0.0740 | get 0.0370% / 4h | 1h 30m | $1.8M | $231K | 20x |
OKX SLX-USDT-SWAP
MEXC SLX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $77.78
- Price spread: −0.045% → −0.068%
- $2.3
- Slippage, 4 orders
- −$50.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $15.88
- Costs to cover
- 0.642%
- Break-even
- 5.6 days
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 0.75 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 7.50 bp | 9.5 bp −$10 | 41.0 bp −$410 | 283.2 bp −$28.3K | 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 | 0.06675 | +0.180% | $1K | $433K | 20x | as long as short |
| KuCoin SLXUSDTM | +0.0110% | 4h | 0.06664 | +0.015% | $977K | $1.6M | 20x | as long as short |
| Bitget SLXUSDT | +0.0356% | 4h | 0.06669 | +0.090% | $1.0M | $275K | 20x | as long as short |
| OKX SLX-USDT-SWAPlong | +0.0370% | 4h | 0.06663 | long leg | $1.8M | $1.7M | 20x | |
| Gate SLX_USDT | +0.0522% | 4h | 0.06667 | +0.060% | $306K | $686K | 25x | as long as short |
| MEXC SLX_USDTshort | +0.0740% | 4h | 0.06660 | −0.045% | $1.8M | $231K | 20x | |
| Binance SLXUSDT | +0.0750% | 4h | 0.06665 | +0.030% | $2.6M | $3.0M | 25x | as long as short |
| BloFin SLX-USDT | +0.0760% | 4h | 0.06671 | +0.120% | $168K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0811% | 4h | 0.06654 | −0.135% | $15K | $28K | 10x | as long as short |
| BingX SLX-USDT | +0.1824% | 4h | 0.06662 | −0.015% | — | $1.7M | — | as long as short |
SunX SLX-USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
Gate SLX_USDT
Binance SLXUSDT
BloFin SLX-USDT
Aster SLXUSDT
BingX SLX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SLXUSDT | +0.2023% | 4h | 0.06644 | −0.285% | $1.0M | $407K | 20x | as long as short |
Bybit SLXUSDT