SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3046%/8h= +333.5% APRnext payment +$15.23 per $10,000 · paid last 24h +0.664%

Price spread now: BingX against SunX−0.241%55s7-day average −0.188% · you buy dearer than you sell

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2692.691% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.042%+$104 on $10k

Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.241%, 7d avg −0.188%

Together, before fees+1.072%+$107 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.052% cheaper against SunX than usual: you would sell low and buy high (spread −0.241% now, against its 7-day average of −0.188%). If the spread goes back, that is −$5 on $10k: about 1 hour of funding at the current rate (+$91 a day). At the pace of the last 7 days (+1.042% in total) that is about 8 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.042% in total (about 54.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.23 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	SunX SLX-USDT	0.06645	0.0100	pay 0.0050% / 4h	1h 17m	$1K	$410K	20x
Short	BingX SLX-USDT	0.06629	0.3146	get 0.1573% / 4h	1h 17m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now −0.241%Rate

Funding earned: $639.66
Price spread: −0.241% → −0.188%: −$5.25
Slippage, 4 orders: −$251.14
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $365.27
Costs to cover: 2.691%
Break-even: 3.0 days

Slippage from SunX: live order book, 53 min ago; BingX: live order book, 5 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 SunX live order book, 53 min ago	59.03 bp	80.4 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	3.76 bp	19.9 bp −$20	64.6 bp −$646	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
Gate SLX_USDT	+0.0100%	4h	0.06632	−0.196%	$312K	$627K	25x	as long as short
KuCoin SLXUSDTM	+0.0100%	4h	0.06628	−0.256%	$970K	$1.7M	20x	as long as short
Bitget SLXUSDT	+0.0100%	4h	0.06635	−0.150%	$1.0M	$363K	20x	as long as short
SunX SLX-USDTlong	+0.0100%	4h	0.06645	long leg	$1K	$410K	20x
OKX SLX-USDT-SWAP	+0.0178%	4h	0.06636	−0.135%	$1.8M	$1.8M	20x	as long as short
Binance SLXUSDT	+0.0440%	4h	0.06633	−0.181%	$2.5M	$2.9M	25x	as long as short
MEXC SLX_USDT	+0.0452%	4h	0.06630	−0.226%	$2.0M	$208K	20x	as long as short
BloFin SLX-USDT	+0.0455%	4h	0.06643	−0.030%	$168K	$3K	25x	as long as short
Aster SLXUSDT	+0.0480%	4h	0.06628	−0.256%	$16K	$21K	10x	as long as short
BingX SLX-USDTshort	+0.3146%	4h	0.06629	−0.241%	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3285%	4h	0.06607	−0.572%	$958K	$340K	20x	as long as short