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

SLX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0254%/8h= −27.8% APRnext payment $1.27 per $10,000 · paid last 24h −0.162%
Price spread now: KuCoin against MEXC−0.044%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6736.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.375%−$37 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.044%, 7d avg +0.008%
Together, before fees−0.314%−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.052% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SLX_USDT0.067900.0354pay 0.0177% / 4h3h 38m$1.8M$273K20x
ShortKuCoin SLXUSDTM0.067870.0100get 0.0050% / 4h3h 38m$998K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
−$53.34
Price spread: −0.044% → +0.008%
−$5.23
Slippage, 4 orders
−$657.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$731.9
Costs to cover
6.733%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 7 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 MEXC live order book, 3 min ago7.36 bp9.4 bp −$937.0 bp −$370263.2 bp −$26.3Kdoesn't fit
Sell KuCoin live order book, 7 min ago4.41 bp243.5 bp −$243979.2 bp −$9,792doesn'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 SLXUSDTMshort+0.0100%4h0.06787−0.044%$998K$1.6M20x
Bitget SLXUSDT+0.0100%4h0.06791+0.015%$1.0M$377K20xas long as short
SunX SLX-USDT+0.0100%4h0.06807+0.250%$1K$531K20xas long as short
OKX SLX-USDT-SWAP+0.0112%4h0.06787−0.044%$1.8M$2.1M20xas long as short
Gate SLX_USDT+0.0178%4h0.06788−0.029%$323K$775K25xas long as short
Binance SLXUSDT+0.0353%4h0.06791+0.021%$2.5M$3.7M25xas long as short
MEXC SLX_USDTlong+0.0354%4h0.06790long leg$1.8M$273K20x
BloFin SLX-USDT+0.0409%4h0.06798+0.118%$167K$8K25xas long as short
Aster SLXUSDT+0.0712%4h0.06791+0.010%$19K$35K10xas long as short
Bybit SLXUSDT+0.1831%4h0.06768−0.324%$1.0M$609K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDT+0.2668%4h0.06784−0.088%$1.7Mas long as short