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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.060%71s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.060%, 7d avg +0.024%
Together, before fees−0.110%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.036% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SLXUSDT0.066550.0806pay 0.0403% / 4h2m 03s$2.5M$3.1M25x
ShortBloFin SLX-USDT0.066590.0828get 0.0414% / 4h2m 03s$167K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$4.6
Price spread: +0.060% → +0.024%
$3.64
Slippage, 4 orders
−$39.23
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.99
Costs to cover
0.612%
Break-even
87.6 days
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 28 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 Binance live order book, 4 min ago2.25 bp15.5 bp −$1595.6 bp −$956doesn't fitdoesn't fit
Sell BloFin live order book, 28 min ago2.26 bp17.9 bp −$1850.2 bp −$502doesn't fitdoesn't fit

SLX on 11 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
SunX SLX-USDT+0.0100%4h0.06664+0.135%$982$442K20xas long as short
KuCoin SLXUSDTM+0.0110%4h0.06654−0.015%$972K$1.6M20xas long as short
OKX SLX-USDT-SWAP+0.0352%4h0.06658+0.045%$1.8M$1.7M20xas long as short
Gate SLX_USDT+0.0512%4h0.06654−0.015%$305K$711K25xas long as short
Bitget SLXUSDT+0.0576%4h0.06654−0.015%$1.0M$275K20xas long as short
MEXC SLX_USDT+0.0804%4h0.06650−0.075%$1.8M$230K20xas long as short
Binance SLXUSDTlong+0.0806%4h0.06655long leg$2.5M$3.1M25x
BloFin SLX-USDTshort+0.0828%4h0.06659+0.060%$167K$3K25x
Aster SLXUSDT+0.0854%4h0.06653−0.027%$15K$27K10xas long as short
BingX SLX-USDT+0.1486%4h0.06650−0.075%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1533%4h0.06643−0.180%$997K$429K20xas long as short