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+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against SunX−0.147%7-day average −0.191% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,114as in the Price arb table
costs, in and out, $10k−$1,11911.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.147%, 7d avg −0.191%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.191%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SLX-USDT0.067940.0100pay 0.0050% / 4h3h 31m$887$462K20x
ShortKuCoin SLXUSDTM0.067840.0176get 0.0088% / 4h3h 31m$1.0M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$15.96
Price spread: −0.147% → −0.191%
$4.39
Slippage, 4 orders
−$1,098.59
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,098.24
Costs to cover
11.186%
Break-even
488.7 days
Slippage from SunX: live order book, 50 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 SunX live order book, 50 min ago56.95 bp75.7 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.95 bp461.6 bp −$462995.7 bp −$9,957doesn'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%4h0.06794long leg$887$462K20x
KuCoin SLXUSDTMshort+0.0176%4h0.06784−0.147%$1.0M$1.6M20x
Gate SLX_USDT+0.0312%4h0.06782−0.177%$308K$722K25xas long as short
OKX SLX-USDT-SWAP+0.0359%4h0.06785−0.132%$1.8M$1.9M20xas long as short
Bitget SLXUSDT+0.0504%4h0.06785−0.132%$1.0M$328K20xas long as short
BloFin SLX-USDT+0.0776%4h0.06784−0.147%$173K$7K25xas long as short
Binance SLXUSDT+0.0777%4h0.06786−0.118%$2.7M$3.3M25xas long as short
MEXC SLX_USDT+0.0786%4h0.06780−0.206%$1.8M$236K20xas long as short
Bybit SLXUSDT+0.0816%4h0.06764−0.442%$994K$463K20xas long as short
Aster SLXUSDT+0.0894%4h0.06784−0.148%$16K$32K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDT+0.1030%4h0.06778−0.236%$1.7Mas long as short