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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.3094%/8h= −338.8% APRnext payment $15.47 per $10,000 · paid last 24h −0.626%
Price spread now: Bitget against BingX+0.166%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.841%−$84 on $10k
Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.166%, 7d avg +0.012%
Together, before fees−1.076%−$108 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.154% dearer against BingX than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.012%): +$15 on $10k if it goes back. Holding the pair costs −$93 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.841% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.841% in total (about -43.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $15.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SLX-USDT0.066460.3194pay 0.1597% / 4h1h 01m$1.7M
ShortBitget SLXUSDT0.066570.0100get 0.0050% / 4h1h 01m$1.0M$363K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$649.74
Price spread: +0.166% → +0.012%
$15.35
Slippage, 4 orders
−$65.31
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$721.7
Costs to cover
0.873%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 10 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, 11 min ago3.02 bp18.1 bp −$1852.2 bp −$522doesn't fitdoesn't fit
Sell Bitget live order book, 10 min ago1.51 bp24.9 bp −$25226.2 bp −$2,262doesn'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%4h0.06650+0.060%$313K$632K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06650+0.060%$972K$1.7M20xas long as short
Bitget SLXUSDTshort+0.0100%4h0.06657+0.166%$1.0M$363K20x
SunX SLX-USDT+0.0100%4h0.06657+0.166%$1K$417K20xas long as short
OKX SLX-USDT-SWAP+0.0221%4h0.06657+0.166%$1.8M$1.8M20xas long as short
MEXC SLX_USDT+0.0434%4h0.06640−0.090%$2.0M$208K20xas long as short
Binance SLXUSDT+0.0435%4h0.06655+0.137%$2.5M$2.9M25xas long as short
BloFin SLX-USDT+0.0472%4h0.06657+0.166%$167K$3K25xas long as short
Aster SLXUSDT+0.0498%4h0.06637−0.134%$15K$26K10xas long as short
BingX SLX-USDTlong+0.3194%4h0.06646long leg$1.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3397%4h0.06629−0.256%$960K$348K20xas long as short