Settings8H · net · $10k
Funding arb · Price arb /

SLP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Bybit against BingX+0.118%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2942.943% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.204%−$20 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.118%, 7d avg +0.058%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SLP-USDT0.00067970.0100pay 0.0050% / 4h1h 18m$1.3M
ShortBybit SLPUSDT0.00068050.0100get 0.0100% / 8h5h 18m$333K$119K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.118% → +0.058%
$5.97
Slippage, 4 orders
−$273.34
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$288.37
Costs to cover
2.943%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago10.29 bp47.6 bp −$48142.9 bp −$1,429534.5 bp −$53.4K864.9 bp −$432.5K
Sell Bybit live order book, 32 min ago5.96 bp92.9 bp −$93doesn't fitdoesn't fitdoesn't fit

SLP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLPUSDT+0.0100%4h0.0006845+0.706%$21K$8K5xas long as short
Binance SLPUSDT+0.0100%4h0.0006790−0.103%$999K$816K50xas long as short
Bybit SLPUSDTshort+0.0100%8h0.0006805+0.118%$333K$119K25x
Gate SLP_USDT+0.0100%4h0.0006790−0.103%$53K$32K50xas long as short
MEXC SLP_USDT+0.0100%4h0.0006789−0.118%$359K$89K125xas long as short
Bitget SLPUSDT+0.0100%4h0.0006795−0.029%$375K$66K25xas long as short
BingX SLP-USDTlong+0.0100%4h0.0006797long leg$1.3M
Variational Omni SLP+0.0100%8h0.0006803+0.092%$3K$1as long as short