SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1741%/8h= +190.6% APRnext payment +$8.70 per $10,000 · paid last 24h +0.645%

Price spread now: BingX against OKX−0.316%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$810.810% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.673%+$67 on $10k

Price spread, last 7 days+0.326%+$33 · spread now −0.316%, 7d avg −0.032%

Together, before fees+1.000%+$100 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.284% cheaper against OKX than usual: you would sell low and buy high (spread −0.316% now, against its 7-day average of −0.032%). If the spread goes back, that is −$28 on $10k: about 13 hours of funding at the current rate (+$52 a day). At the pace of the last 7 days (+0.673% in total) that is about 2.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.673% in total (about 35.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SLX-USDT-SWAP	0.06650	0.0363	pay 0.0182% / 4h	3h 16m	$1.8M	$1.8M	20x
Short	BingX SLX-USDT	0.06629	0.2104	get 0.1052% / 4h	3h 16m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BingXbpOrdersPrice spread, now −0.316%Rate

Funding earned: $365.59
Price spread: −0.316% → −0.032%: −$28.36
Slippage, 4 orders: −$61.02
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $256.21
Costs to cover: 0.810%
Break-even: 2.1 days

Slippage from OKX: live order book, 1 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	0.75 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	3.77 bp	18.8 bp −$19	69.3 bp −$693	doesn't fit	doesn't fit

SLX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SLXUSDTM	+0.0100%	4h	0.06641	−0.135%	$980K	$1.7M	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06655	+0.075%	$1K	$433K	20x	as long as short
Bitget SLXUSDT	+0.0360%	4h	0.06639	−0.165%	$1.0M	$320K	20x	as long as short
OKX SLX-USDT-SWAPlong	+0.0363%	4h	0.06650	long leg	$1.8M	$1.8M	20x
Gate SLX_USDT	+0.0384%	4h	0.06637	−0.195%	$306K	$672K	25x	as long as short
MEXC SLX_USDT	+0.0594%	4h	0.06640	−0.150%	$1.9M	$222K	20x	as long as short
Binance SLXUSDT	+0.0595%	4h	0.06652	+0.030%	$2.5M	$3.0M	25x	as long as short
BloFin SLX-USDT	+0.0633%	4h	0.06634	−0.241%	$167K	$3K	25x	as long as short
Aster SLXUSDT	+0.0658%	4h	0.06638	−0.184%	$15K	$26K	10x	as long as short
BingX SLX-USDTshort	+0.2104%	4h	0.06629	−0.316%	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.2269%	4h	0.06623	−0.406%	$977K	$365K	20x	as long as short