Funding you earn now, next payment 00:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.154%
Price spread now: SunX against OKX+0.030%47s7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2682.683% of the position
Funding, last 7 days−0.504%−$50 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.030%, 7d avg +0.117%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.087% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.117%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SLX-USDT-SWAP | 0.06647 | 0.0209 | pay 0.0104% / 4h | 1h 04m | $1.8M | $1.8M | 20x |
| Short | SunX SLX-USDT | 0.06649 | 0.0100 | get 0.0050% / 4h | 1h 04m | $999 | $418K | 20x |
OKX SLX-USDT-SWAP
SunX SLX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$22.83
- Price spread: +0.030% → +0.117%
- −$8.66
- Slippage, 4 orders
- −$250.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$299.76
- Costs to cover
- 2.683%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; SunX: live order book, 66 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 | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 66 min ago | 59.03 bp | 153.6 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SLX_USDT | +0.0100% | 4h | 0.06642 | −0.075% | $312K | $631K | 25x | as long as short |
| KuCoin SLXUSDTM | +0.0100% | 4h | 0.06638 | −0.135% | $970K | $1.7M | 20x | as long as short |
| Bitget SLXUSDT | +0.0100% | 4h | 0.06639 | −0.120% | $1.0M | $363K | 20x | as long as short |
| SunX SLX-USDTshort | +0.0100% | 4h | 0.06649 | +0.030% | $999 | $418K | 20x | |
| OKX SLX-USDT-SWAPlong | +0.0209% | 4h | 0.06647 | long leg | $1.8M | $1.8M | 20x | |
| MEXC SLX_USDT | +0.0404% | 4h | 0.06640 | −0.105% | $2.0M | $208K | 20x | as long as short |
| Binance SLXUSDT | +0.0416% | 4h | 0.06645 | −0.030% | $2.5M | $2.9M | 25x | as long as short |
| BloFin SLX-USDT | +0.0440% | 4h | 0.06634 | −0.196% | $167K | $3K | 25x | as long as short |
| Aster SLXUSDT | +0.0471% | 4h | 0.06636 | −0.165% | $15K | $26K | 10x | as long as short |
| BingX SLX-USDT | +0.3056% | 4h | 0.06639 | −0.120% | — | $1.7M | — | as long as short |
Gate SLX_USDT
KuCoin SLXUSDTM
Bitget SLXUSDT
MEXC 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 | +0.3362% | 4h | 0.06617 | −0.451% | $958K | $347K | 20x | as long as short |
Bybit SLXUSDT