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−0.0084%/8h= −9.2% APRnext payment $0.42 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against MEXC−0.044%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$720.717% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.044%, 7d avg +0.073%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.117% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SLX_USDT0.067500.0184pay 0.0092% / 4h51m 59s$1.8M$267K20x
ShortOKX SLX-USDT-SWAP0.067470.0100get 0.0050% / 4h51m 59s$1.8M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$17.64
Price spread: −0.044% → +0.073%
−$11.72
Slippage, 4 orders
−$57.68
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$101.04
Costs to cover
0.717%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 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 ago7.40 bp9.4 bp −$939.2 bp −$392260.6 bp −$26.1Kdoesn't fit
Sell OKX live order book, 3 min ago0.74 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit

SLX on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.0100%4h0.06742−0.119%$1.0M$623K20xas long as short
OKX SLX-USDT-SWAPshort+0.0100%4h0.06747−0.044%$1.8M$2.0M20x
Gate SLX_USDT+0.0100%4h0.06752+0.030%$318K$772K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06745−0.074%$985K$1.6M20xas long as short
SunX SLX-USDT+0.0100%4h0.06760+0.148%$1K$512K20xas long as short
Bitget SLXUSDT+0.0152%4h0.06755+0.074%$1.1M$372K20xas long as short
BloFin SLX-USDT+0.0158%4h0.06748−0.030%$167K$8K25xas long as short
MEXC SLX_USDTlong+0.0184%4h0.06750long leg$1.8M$267K20x
Binance SLXUSDT+0.0185%4h0.067500.000%$2.5M$3.6M25xas long as short
BingX SLX-USDT+0.0202%4h0.06749−0.015%$1.7Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0515%4h0.06746−0.059%$19K$36K10xas long as short