SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.3046%/8h= −333.5% APRnext payment −$15.23 per $10,000 · paid last 24h −0.664%

Price spread now: SunX against BingX+0.272%55s7-day average +0.188% · you sell dearer than you buy

Net, funding: paid 7d − costs−$373as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2692.691% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.042%−$104 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.272%, 7d avg +0.188%

Together, before fees−1.103%−$110 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.083% dearer against BingX than usual: you sell high and buy low (spread +0.272% now, against its 7-day average of +0.188%): +$8 on $10k if it goes back. Holding the pair costs −$91 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−1.042% in total) that is about 13 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.042% in total (about -54.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.23 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	0.06629	0.3146	pay 0.1573% / 4h	1h 12m	—	$1.7M	—
Short	SunX SLX-USDT	0.06647	0.0100	get 0.0050% / 4h	1h 12m	$1K	$417K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.272%Rate

Funding earned: −$639.66
Price spread: +0.272% → +0.188%: $8.32
Slippage, 4 orders: −$251.14
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$900.48
Costs to cover: 2.691%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; SunX: live order book, 58 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, 10 min ago	3.76 bp	15.2 bp −$15	49.2 bp −$492	doesn't fit	doesn't fit
Sell SunX live order book, 58 min ago	59.03 bp	153.6 bp −$154	doesn't fit	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	0.06633	+0.060%	$312K	$629K	25x	as long as short
KuCoin SLXUSDTM	+0.0100%	4h	0.06632	+0.045%	$969K	$1.7M	20x	as long as short
Bitget SLXUSDT	+0.0100%	4h	0.06635	+0.091%	$1.0M	$363K	20x	as long as short
SunX SLX-USDTshort	+0.0100%	4h	0.06647	+0.272%	$1K	$417K	20x
OKX SLX-USDT-SWAP	+0.0184%	4h	0.06636	+0.106%	$1.8M	$1.8M	20x	as long as short
MEXC SLX_USDT	+0.0422%	4h	0.06630	+0.015%	$2.0M	$208K	20x	as long as short
Binance SLXUSDT	+0.0424%	4h	0.06637	+0.118%	$2.5M	$2.9M	25x	as long as short
BloFin SLX-USDT	+0.0433%	4h	0.06637	+0.121%	$168K	$3K	25x	as long as short
Aster SLXUSDT	+0.0469%	4h	0.06635	+0.083%	$15K	$26K	10x	as long as short
BingX SLX-USDTlong	+0.3146%	4h	0.06629	long leg	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3238%	4h	0.06606	−0.347%	$956K	$343K	20x	as long as short