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−0.0146%/8h= −16.0% APRnext payment $0.73 per $10,000 · paid last 24h −0.162%
Price spread now: SunX against MEXC+0.193%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2622.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.395%−$39 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.193%, 7d avg +0.242%
Together, before fees−0.393%−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.049% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.242%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SLX_USDT0.067200.0246pay 0.0123% / 4h1h 30m$1.8M$276K20x
ShortSunX SLX-USDT0.067330.0100get 0.0050% / 4h1h 30m$1K$512K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$30.66
Price spread: +0.193% → +0.242%
−$4.87
Slippage, 4 orders
−$250.04
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$297.57
Costs to cover
2.620%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; SunX: 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, 9 min ago7.36 bp9.4 bp −$944.1 bp −$441280.5 bp −$28.1Kdoesn't fit
Sell SunX live order book, 3 min ago57.19 bp158.0 bp −$158doesn'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%4h0.06717−0.045%$1.0M$613K20xas long as short
OKX SLX-USDT-SWAP+0.0100%4h0.06723+0.045%$1.8M$2.0M20xas long as short
Gate SLX_USDT+0.0100%4h0.06722+0.030%$316K$779K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06721+0.015%$974K$1.6M20xas long as short
SunX SLX-USDTshort+0.0100%4h0.06733+0.193%$1K$512K20x
Bitget SLXUSDT+0.0158%4h0.06725+0.074%$1.0M$377K20xas long as short
MEXC SLX_USDTlong+0.0246%4h0.06720long leg$1.8M$276K20x
BloFin SLX-USDT+0.0246%4h0.06730+0.149%$167K$8K25xas long as short
Binance SLXUSDT+0.0250%4h0.06725+0.070%$2.5M$3.6M25xas long as short
BingX SLX-USDT+0.0282%4h0.06719−0.015%$1.7Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0615%4h0.06723+0.047%$19K$36K10xas long as short