Settings8H · net · $10k
Funding arb · Price arb /

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.92 per $10,000 · paid last 24h −0.192%
Price spread now: SunX against BloFin−0.015%55s7-day average +0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3173.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.391%−$39 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.015%, 7d avg +0.129%
Together, before fees−0.291%−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.144% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.129%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SLX-USDT0.067910.0284pay 0.0142% / 4h3h 57m$167K$8K25x
ShortSunX SLX-USDT0.067900.0100get 0.0050% / 4h3h 57m$1K$526K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$38.58
Price spread: −0.015% → +0.129%
−$14.39
Slippage, 4 orders
−$296.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$369.5
Costs to cover
3.165%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; SunX: live order book, 54 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 BloFin live order book, 7 min ago2.95 bp21.3 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 54 min ago58.09 bp191.0 bp −$191doesn't fitdoesn'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%4h0.06799+0.118%$999K$1.6M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06800+0.133%$1.0M$375K20xas long as short
SunX SLX-USDTshort+0.0100%4h0.06790−0.015%$1K$526K20x
OKX SLX-USDT-SWAP+0.0118%4h0.06800+0.133%$1.8M$2.1M20xas long as short
BloFin SLX-USDTlong+0.0284%4h0.06791long leg$167K$8K25x
MEXC SLX_USDT+0.0312%4h0.06790−0.015%$1.8M$272K20xas long as short
Binance SLXUSDT+0.0313%4h0.06800+0.133%$2.6M$3.7M25xas long as short
Aster SLXUSDT+0.0671%4h0.06801+0.140%$20K$35K10xas long as short
Gate SLX_USDT+0.1164%4h0.06796+0.074%$323K$767K25xas long as short
BingX SLX-USDT+0.1250%4h0.06793+0.029%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.4015%4h0.06779−0.177%$1.0M$598K20xas long as short