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+0.0425%/8h= +46.5% APRnext payment +$2.13 per $10,000 · paid last 24h +0.123%
Price spread now: Binance against Bitget+0.030%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.030%, 7d avg +0.023%
Together, before fees+0.116%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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
LongBitget SLXUSDT0.066850.0158pay 0.0079% / 4h2h 13m$1.0M$371K20x
ShortBinance SLXUSDT0.066870.0583get 0.0292% / 4h2h 13m$2.6M$2.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$89.26
Price spread: +0.030% → +0.023%
$0.69
Slippage, 4 orders
−$66.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.21
Costs to cover
0.887%
Break-even
6.9 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 7 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 Bitget live order book, 2 min ago5.99 bp32.2 bp −$32188.8 bp −$1,888doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.50 bp16.1 bp −$1665.8 bp −$658doesn'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%4h0.06677−0.120%$315K$617K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06681−0.060%$983K$1.7M20xas long as short
SunX SLX-USDT+0.0100%4h0.06693+0.120%$1K$403K20xas long as short
Bitget SLXUSDTlong+0.0158%4h0.06685long leg$1.0M$371K20x
OKX SLX-USDT-SWAP+0.0288%4h0.06680−0.075%$1.8M$1.8M20xas long as short
Binance SLXUSDTshort+0.0583%4h0.06687+0.030%$2.6M$2.8M25x
MEXC SLX_USDT+0.0586%4h0.06680−0.075%$2.0M$208K20xas long as short
BloFin SLX-USDT+0.0620%4h0.06677−0.120%$169K$3K25xas long as short
Aster SLXUSDT+0.0645%4h0.06668−0.251%$17K$21K10xas long as short
BingX SLX-USDT+0.3244%4h0.06672−0.194%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3381%4h0.06655−0.449%$960K$327K20xas long as short