SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.2950%/8h= −323.0% APRnext payment −$14.75 per $10,000 · paid last 24h −0.664%

Price spread now: KuCoin against BingX−0.015%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$879as in the Funding arb table

Net, price: spread back to 7d avg − costs−$766as in the Price arb table

costs, in and out, $10k−$7687.682% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−1.107%−$111 on $10k

Price spread, last 7 days−0.074%−$7 · spread now −0.015%, 7d avg −0.036%

Together, before fees−1.181%−$118 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.021% dearer against BingX than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.036%): +$2 on $10k if it goes back. Holding the pair costs −$89 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−1.107% in total) that is about 3 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.107% in total (about -57.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.75 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	0.06651	0.3050	pay 0.1525% / 4h	1h 34m	—	$1.7M	—
Short	KuCoin SLXUSDTM	0.06650	0.0100	get 0.0050% / 4h	1h 34m	$974K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$619.5
Price spread: −0.015% → −0.036%: $2.08
Slippage, 4 orders: −$746.24
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,385.66
Costs to cover: 7.682%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 1 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, 13 min ago	5.26 bp	19.4 bp −$19	55.9 bp −$559	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	4.51 bp	510.9 bp −$511	1000.3 bp −$10.0K	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
Gate SLX_USDT	+0.0100%	4h	0.06653	+0.030%	$313K	$622K	25x	as long as short
KuCoin SLXUSDTMshort	+0.0100%	4h	0.06650	−0.015%	$974K	$1.7M	20x
Bitget SLXUSDT	+0.0100%	4h	0.06655	+0.060%	$1.0M	$370K	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06664	+0.195%	$1K	$406K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0177%	4h	0.06653	+0.030%	$1.8M	$1.8M	20x	as long as short
Binance SLXUSDT	+0.0512%	4h	0.06652	+0.019%	$2.5M	$2.8M	25x	as long as short
BloFin SLX-USDT	+0.0516%	4h	0.06662	+0.165%	$135K	$3K	25x	as long as short
MEXC SLX_USDT	+0.0524%	4h	0.06640	−0.165%	$2.0M	$207K	20x	as long as short
Aster SLXUSDT	+0.0552%	4h	0.06654	+0.045%	$17K	$21K	10x	as long as short
BingX SLX-USDTlong	+0.3050%	4h	0.06651	long leg	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3162%	4h	0.06626	−0.376%	$961K	$337K	20x	as long as short