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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.9% APRnext payment $0.41 per $10,000 · paid last 24h −0.872%
Price spread now: KuCoin against Bybit+0.190%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,059as in the Price arb table
costs, in and out, $10k−$1,06710.665% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.112%−$111 on $10k
Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.190%, 7d avg +0.114%
Together, before fees−1.353%−$135 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.076% dearer against Bybit than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.114%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−1.112% in total) that is about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SLXUSDT0.068310.0209pay 0.0105% / 4h2h 36m$1.0M$525K20x
ShortKuCoin SLXUSDTM0.068440.0128get 0.0064% / 4h2h 36m$1.0M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
−$17.06
Price spread: +0.190% → +0.114%
$7.63
Slippage, 4 orders
−$1,043.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,075.95
Costs to cover
10.665%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 4 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 Bybit live order book, 4 min ago1.46 bp60.7 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago3.66 bp481.5 bp −$482981.2 bp −$9,812doesn'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
SunX SLX-USDT+0.0100%4h0.06855+0.351%$1K$502K20xas long as short
KuCoin SLXUSDTMshort+0.0128%4h0.06844+0.190%$1.0M$1.6M20x
Bybit SLXUSDTlong+0.0209%4h0.06831long leg$1.0M$525K20x
Gate SLX_USDT+0.0218%4h0.06839+0.117%$316K$748K25xas long as short
OKX SLX-USDT-SWAP+0.0220%4h0.06844+0.190%$1.8M$2.1M20xas long as short
Bitget SLXUSDT+0.0230%4h0.06838+0.102%$1.0M$348K20xas long as short
BloFin SLX-USDT+0.0448%4h0.06832+0.015%$169K$8K25xas long as short
Binance SLXUSDT+0.0474%4h0.06842+0.159%$2.6M$3.6M25xas long as short
BingX SLX-USDT+0.0480%4h0.06836+0.073%$1.7Mas long as short
MEXC SLX_USDT+0.0482%4h0.06830−0.015%$1.8M$235K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0661%4h0.06836+0.080%$16K$30K10xas long as short