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+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.121%
Price spread now: BloFin against Bitget+0.196%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$800.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.196%, 7d avg +0.050%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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 SLXUSDT0.066410.0242pay 0.0121% / 4h9m 02s$1.0M$357K20x
ShortBloFin SLX-USDT0.066540.0534get 0.0267% / 4h9m 02s$166K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$61.3
Price spread: +0.196% → +0.050%
$14.54
Slippage, 4 orders
−$55.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.88
Costs to cover
0.797%
Break-even
7.4 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 53 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 ago3.01 bp24.0 bp −$24263.0 bp −$2,630doesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago3.76 bp16.9 bp −$1735.7 bp −$357doesn'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
KuCoin SLXUSDTM+0.0100%4h0.06645+0.060%$967K$1.7M20xas long as short
SunX SLX-USDT+0.0100%4h0.06655+0.211%$1K$423K20xas long as short
Gate SLX_USDT+0.0228%4h0.06645+0.060%$316K$649K25xas long as short
Bitget SLXUSDTlong+0.0242%4h0.06641long leg$1.0M$357K20x
OKX SLX-USDT-SWAP+0.0257%4h0.06649+0.120%$1.8M$1.8M20xas long as short
MEXC SLX_USDT+0.0520%4h0.06650+0.136%$1.9M$223K20xas long as short
Binance SLXUSDT+0.0523%4h0.06652+0.166%$2.5M$2.9M25xas long as short
BloFin SLX-USDTshort+0.0534%4h0.06654+0.196%$166K$3K25x
Aster SLXUSDT+0.0579%4h0.06647+0.094%$15K$26K10xas long as short
BingX SLX-USDT+0.3182%4h0.06642+0.015%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3232%4h0.06618−0.346%$971K$357K20xas long as short