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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Gate−0.019%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$983as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,004as in the Price arb table
costs, in and out, $10k−$9979.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$14 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.019%, 7d avg +0.051%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.051%). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SLX_USDT0.068090.0120pay 0.0060% / 4h1h 08m$322K$779K25x
ShortBinance SLXUSDT0.068080.0237get 0.0118% / 4h1h 08m$2.5M$3.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$24.52
Price spread: −0.019% → +0.051%
−$7.04
Slippage, 4 orders
−$971.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$979.18
Costs to cover
9.967%
Break-even
286.5 days
Slippage from Gate: live order book, 34 min ago; Binance: live order book, 13 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 Gate live order book, 34 min ago2.94 bp477.2 bp −$477doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.73 bp23.6 bp −$24201.8 bp −$2,018doesn'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
OKX SLX-USDT-SWAP+0.0100%4h0.06810+0.015%$1.8M$2.1M20xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06808−0.015%$1.0M$1.6M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06811+0.029%$1.0M$362K20xas long as short
SunX SLX-USDT+0.0100%4h0.06822+0.191%$1K$519K20xas long as short
Gate SLX_USDTlong+0.0120%4h0.06809long leg$322K$779K25x
BloFin SLX-USDT+0.0200%4h0.06804−0.073%$168K$8K25xas long as short
MEXC SLX_USDT+0.0234%4h0.06800−0.132%$1.9M$259K20xas long as short
Binance SLXUSDTshort+0.0237%4h0.06808−0.019%$2.5M$3.7M25x
Aster SLXUSDT+0.0513%4h0.06805−0.059%$18K$34K10xas long as short
BingX SLX-USDT+0.0938%4h0.06803−0.088%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1014%4h0.06788−0.308%$1.0M$587K20xas long as short