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+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.873%
Price spread now: Bybit against SunX−0.263%7-day average −0.317% · you buy dearer than you sell
Net, funding: paid 7d − costs−$382as in the Funding arb table
Net, price: spread back to 7d avg − costs−$487as in the Price arb table
costs, in and out, $10k−$4934.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.108%+$111 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.263%, 7d avg −0.317%
Together, before fees+1.210%+$121 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.317%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SLX-USDT0.068360.0100pay 0.0050% / 4h2h 39m$995$503K20x
ShortBybit SLXUSDT0.068180.0141get 0.0070% / 4h2h 39m$1.0M$522K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$8.56
Price spread: −0.263% → −0.317%
$5.32
Slippage, 4 orders
−$473.55
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$478.67
Costs to cover
4.925%
Break-even
398.5 days
Slippage from SunX: live order book, 32 min ago; Bybit: live order book, 1 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 SunX live order book, 32 min ago56.98 bp86.7 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.46 bp183.4 bp −$183doesn't fitdoesn'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-USDTlong+0.0100%4h0.06836long leg$995$503K20x
KuCoin SLXUSDTM+0.0136%4h0.06831−0.073%$1.0M$1.6M20xas long as short
Bybit SLXUSDTshort+0.0141%4h0.06818−0.263%$1.0M$522K20x
OKX SLX-USDT-SWAP+0.0222%4h0.06840+0.059%$1.8M$2.0M20xas long as short
Gate SLX_USDT+0.0242%4h0.068360.000%$316K$746K25xas long as short
Bitget SLXUSDT+0.0250%4h0.06831−0.073%$1.0M$347K20xas long as short
Binance SLXUSDT+0.0494%4h0.06830−0.090%$2.6M$3.6M25xas long as short
BingX SLX-USDT+0.0504%4h0.06832−0.059%$1.7Mas long as short
MEXC SLX_USDT+0.0506%4h0.06830−0.088%$1.8M$232K20xas long as short
BloFin SLX-USDT+0.0550%4h0.06830−0.088%$137K$8K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0678%4h0.06835−0.020%$16K$30K10xas long as short