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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0138%/8h= −15.1% APRnext payment $0.69 per $10,000 · paid last 24h −0.053%
Price spread now: OKX against Binance0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1071.065% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 7 days−0.013%−$1 · spread now 0.000%, 7d avg +0.012%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SLXUSDT0.067970.0265pay 0.0133% / 4h1h 59m$2.6M$3.7M25x
ShortOKX SLX-USDT-SWAP0.067970.0127get 0.0063% / 4h1h 59m$1.8M$2.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$29.05
Price spread: 0.000% → +0.012%
−$1.2
Slippage, 4 orders
−$86.53
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$136.79
Costs to cover
1.065%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago2.20 bp22.8 bp −$23200.2 bp −$2,002doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.74 bp32.6 bp −$33doesn't fitdoesn'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
Gate SLX_USDT+0.0100%4h0.06790−0.103%$308K$748K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06789−0.118%$1.0M$1.6M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06795−0.029%$1.0M$354K20xas long as short
SunX SLX-USDT+0.0100%4h0.06810+0.191%$1K$518K20xas long as short
OKX SLX-USDT-SWAPshort+0.0127%4h0.067970.000%$1.8M$2.1M20x
BloFin SLX-USDT+0.0227%4h0.06800+0.044%$169K$8K25xas long as short
Binance SLXUSDTlong+0.0265%4h0.06797long leg$2.6M$3.7M25x
MEXC SLX_USDT+0.0272%4h0.06790−0.103%$1.9M$253K20xas long as short
Aster SLXUSDT+0.0461%4h0.06791−0.094%$18K$34K10xas long as short
BingX SLX-USDT+0.0472%4h0.06785−0.177%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.0537%4h0.06777−0.294%$1.0M$577K20xas long as short