SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.2524%/8h= −276.3% APRnext payment −$12.62 per $10,000 · paid last 24h −0.505%

Price spread now: BloFin against BingX+0.181%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$640.636% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.725%−$72 on $10k

Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.181%, 7d avg +0.066%

Together, before fees−0.821%−$82 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.115% dearer against BingX than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.066%): +$11 on $10k if it goes back. Holding the pair costs −$76 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.725% in total) that is about 27 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.725% in total (about -37.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SLX-USDT	0.06633	0.3070	pay 0.1535% / 4h	6m 37s	—	$1.7M	—
Short	BloFin SLX-USDT	0.06645	0.0546	get 0.0273% / 4h	6m 37s	$166K	$3K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.181%Rate

Funding earned: −$529.96
Price spread: +0.181% → +0.066%: $11.49
Slippage, 4 orders: −$41.55
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$582.02
Costs to cover: 0.636%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 55 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 BingX live order book, 11 min ago	3.77 bp	16.9 bp −$17	58.9 bp −$589	doesn't fit	doesn't fit
Sell BloFin live order book, 55 min ago	3.76 bp	16.9 bp −$17	35.7 bp −$357	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
KuCoin SLXUSDTM	+0.0100%	4h	0.06639	+0.090%	$966K	$1.7M	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06662	+0.437%	$1K	$423K	20x	as long as short
Gate SLX_USDT	+0.0236%	4h	0.06641	+0.121%	$316K	$649K	25x	as long as short
OKX SLX-USDT-SWAP	+0.0259%	4h	0.06641	+0.121%	$1.8M	$1.8M	20x	as long as short
Bitget SLXUSDT	+0.0298%	4h	0.06642	+0.136%	$1.0M	$357K	20x	as long as short
MEXC SLX_USDT	+0.0528%	4h	0.06640	+0.106%	$1.9M	$224K	20x	as long as short
Binance SLXUSDT	+0.0535%	4h	0.06641	+0.117%	$2.5M	$2.9M	25x	as long as short
BloFin SLX-USDTshort	+0.0546%	4h	0.06645	+0.181%	$166K	$3K	25x
Aster SLXUSDT	+0.0594%	4h	0.06643	+0.148%	$15K	$26K	10x	as long as short
BingX SLX-USDTlong	+0.3070%	4h	0.06633	long leg	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3191%	4h	0.06611	−0.332%	$970K	$357K	20x	as long as short