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−0.0226%/8h= −24.7% APRnext payment $1.13 per $10,000 · paid last 24h −0.137%
Price spread now: KuCoin against OKX−0.235%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$834as in the Price arb table
costs, in and out, $10k−$8178.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.530%−$53 on $10k
Price spread, last 7 days+0.183%+$18 · spread now −0.235%, 7d avg −0.064%
Together, before fees−0.347%−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.171% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SLX-USDT-SWAP0.068040.0360pay 0.0180% / 4h3h 50m$1.8M$1.8M20x
ShortKuCoin SLXUSDTM0.067880.0134get 0.0067% / 4h3h 50m$993K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$47.37
Price spread: −0.235% → −0.064%
−$17.07
Slippage, 4 orders
−$794.7
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$881.13
Costs to cover
8.167%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 5 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 OKX live order book, 1 min ago1.47 bp19.3 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.45 bp295.2 bp −$295989.5 bp −$9,895doesn'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
SunX SLX-USDT+0.0100%4h0.06793−0.162%$1K$451K20xas long as short
KuCoin SLXUSDTMshort+0.0134%4h0.06788−0.235%$993K$1.6M20x
OKX SLX-USDT-SWAPlong+0.0360%4h0.06804long leg$1.8M$1.8M20x
Bitget SLXUSDT+0.0574%4h0.06791−0.191%$1.0M$306K20xas long as short
Binance SLXUSDT+0.0797%4h0.06793−0.155%$2.6M$3.2M25xas long as short
MEXC SLX_USDT+0.0800%4h0.06780−0.353%$1.9M$222K20xas long as short
BloFin SLX-USDT+0.0842%4h0.06777−0.397%$169K$7K25xas long as short
Aster SLXUSDT+0.0885%4h0.06780−0.353%$15K$31K10xas long as short
Gate SLX_USDT+0.1118%4h0.06790−0.206%$309K$708K25xas long as short
BingX SLX-USDT+0.2310%4h0.06793−0.162%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.2845%4h0.06778−0.382%$996K$459K20xas long as short