SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0457%/8h= −50.0% APRnext payment −$2.28 per $10,000 · paid last 24h −0.136%

Price spread now: Bitget against BloFin+0.213%85s7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as 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−$800.801% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.129%−$13 on $10k

Price spread, last 3 days (all we have)−0.237%−$24 · spread now +0.213%, 7d avg −0.049%

Together, before fees−0.366%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.261% dearer against BloFin than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of −0.049%): +$26 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.129% in total) that is about 14 days. The two prices were read 85 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 -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.28 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	BloFin SLX-USDT	0.06584	0.0773	pay 0.0386% / 4h	2h 53m	$166K	$3K	25x
Short	Bitget SLXUSDT	0.06598	0.0316	get 0.0158% / 4h	2h 53m	$1.0M	$307K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.213%Rate

Funding earned: −$95.97
Price spread: +0.213% → −0.049%: $26.13
Slippage, 4 orders: −$56.1
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$149.93
Costs to cover: 0.801%
Break-even: never at this rate

Slippage from BloFin: live order book, 63 min ago; Bitget: live order book, 2 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 BloFin live order book, 63 min ago	0.75 bp	15.9 bp −$16	39.8 bp −$398	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.79 bp	26.5 bp −$27	211.0 bp −$2,110	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
SunX SLX-USDT	+0.0100%	4h	0.06597	+0.197%	$1K	$433K	20x	as long as short
KuCoin SLXUSDTM	+0.0106%	4h	0.06593	+0.137%	$971K	$1.7M	20x	as long as short
Bitget SLXUSDTshort	+0.0316%	4h	0.06598	+0.213%	$1.0M	$307K	20x
OKX SLX-USDT-SWAP	+0.0365%	4h	0.06596	+0.182%	$1.8M	$1.8M	20x	as long as short
Gate SLX_USDT	+0.0456%	4h	0.06596	+0.182%	$303K	$659K	25x	as long as short
Binance SLXUSDT	+0.0704%	4h	0.06602	+0.276%	$2.5M	$3.0M	25x	as long as short
MEXC SLX_USDT	+0.0716%	4h	0.06590	+0.091%	$1.9M	$220K	20x	as long as short
Aster SLXUSDT	+0.0758%	4h	0.06591	+0.109%	$15K	$26K	10x	as long as short
BloFin SLX-USDTlong	+0.0773%	4h	0.06584	long leg	$166K	$3K	25x
BingX SLX-USDT	+0.2062%	4h	0.06595	+0.167%	—	$1.7M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.2066%	4h	0.06566	−0.273%	$961K	$370K	20x	as long as short