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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0331%/8h= −36.2% APRnext payment $1.65 per $10,000 · paid last 24h −0.139%
Price spread now: Bitget against Binance+0.019%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.134%−$13 on $10k
Price spread, last 7 days+0.064%+$6 · spread now +0.019%, 7d avg −0.023%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.041% dearer against Binance than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.134% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SLXUSDT0.066050.0735pay 0.0367% / 4h44m 36s$2.5M$3.0M25x
ShortBitget SLXUSDT0.066060.0404get 0.0202% / 4h44m 36s$1.0M$278K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$69.46
Price spread: +0.019% → −0.023%
$4.15
Slippage, 4 orders
−$59.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$147.18
Costs to cover
0.819%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: 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 Binance live order book, 6 min ago0.76 bp17.2 bp −$1795.9 bp −$959doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.03 bp23.5 bp −$24217.4 bp −$2,174doesn'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
KuCoin SLXUSDTM+0.0100%4h0.06598−0.103%$966K$1.6M20xas long as short
SunX SLX-USDT+0.0100%4h0.06618+0.200%$1K$431K20xas long as short
OKX SLX-USDT-SWAP+0.0323%4h0.06607+0.034%$1.8M$1.7M20xas long as short
Bitget SLXUSDTshort+0.0404%4h0.06606+0.019%$1.0M$278K20x
Gate SLX_USDT+0.0498%4h0.06601−0.057%$303K$689K25xas long as short
BloFin SLX-USDT+0.0729%4h0.06596−0.133%$168K$3K25xas long as short
Binance SLXUSDTlong+0.0735%4h0.06605long leg$2.5M$3.0M25x
MEXC SLX_USDT+0.0736%4h0.06590−0.224%$1.8M$226K20xas long as short
Aster SLXUSDT+0.0775%4h0.06598−0.104%$15K$27K10xas long as short
Bybit SLXUSDT+0.1705%4h0.06581−0.360%$993K$411K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDT+0.1722%4h0.06593−0.178%$1.7Mas long as short