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−0.1054%/8h= −115.4% APRnext payment $5.27 per $10,000 · paid last 24h −0.616%
Price spread now: MEXC against BingX−0.302%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$540.539% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.836%−$84 on $10k
Price spread, last 7 days+0.278%+$28 · spread now −0.302%, 7d avg −0.034%
Together, before fees−0.558%−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and MEXC is 0.268% cheaper against BingX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SLX-USDT0.066200.1832pay 0.0916% / 4h52m 13s$1.7M
ShortMEXC SLX_USDT0.066000.0778get 0.0389% / 4h52m 13s$1.8M$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$221.34
Price spread: −0.302% → −0.034%
−$26.77
Slippage, 4 orders
−$39.87
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$301.97
Costs to cover
0.539%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 4 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, 10 min ago3.78 bp16.7 bp −$1769.2 bp −$692doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago7.54 bp9.5 bp −$1021.0 bp −$210257.3 bp −$25.7Kdoesn'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%4h0.06649+0.438%$1K$430K20xas long as short
KuCoin SLXUSDTM+0.0114%4h0.06617−0.045%$971K$1.6M20xas long as short
OKX SLX-USDT-SWAP+0.0349%4h0.06613−0.106%$1.8M$1.7M20xas long as short
Bitget SLXUSDT+0.0462%4h0.06612−0.121%$1.0M$279K20xas long as short
Gate SLX_USDT+0.0514%4h0.066200.000%$304K$687K25xas long as short
Binance SLXUSDT+0.0775%4h0.06604−0.243%$2.5M$3.0M25xas long as short
MEXC SLX_USDTshort+0.0778%4h0.06600−0.302%$1.8M$226K20x
BloFin SLX-USDT+0.0787%4h0.06625+0.076%$168K$3K25xas long as short
Aster SLXUSDT+0.0817%4h0.06627+0.100%$15K$28K10xas long as short
BingX SLX-USDTlong+0.1832%4h0.06620long leg$1.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1894%4h0.06590−0.453%$993K$410K20xas long as short