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

SLX

All SLX markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotSLX-USDT
0.03710spotno funding——$594K1xBuy OKX Spot
SHORT
OKXSLX-USDT-SWAP
0.03717+0.0100get 0.0050% / 4h3h 43m$1.1M$1.8M20xShort OKX
Price gap+0.202%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.290% above its 7d average: +$29 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$14+0.0100% /8h now · paid +0.138% over the last 7D
Price+$29spread +0.202% now, avg −0.088% → +0.290% if it goes back
Costs−$2302.305% of $10k · taker + slippage, in and out
Result−$188−1.88%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.202%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SLX on 11 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size86.4 / 28.6 bp
    At $10k entering OKX Spot costs 86.4 bp, fee and slippage, 3.0× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.202% vs −0.088%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.1M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0066%/8h × 21 periods+$13.78
Price spread+0.202% → −0.088% (7d avg)+$29.00
Slippage, 4 orderslive order books−$200.47
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$187.69
Costs to cover2.305%Break-even102.3 days
Slippage: OKX Spot: live order book, 17 min ago; OKX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot6.8286.4 bp−$867103.9 bp−$71.0Kdoesn’t fitdoesn’t fit
SELL · SHORTOKX4.0328.6 bp−$29doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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