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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.402%481s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 3 days (all we have)−0.382%−$38 · spread now +0.402%, 7d avg +0.026%
Together, before fees−0.387%−$39 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 BloFin is 0.376% dearer against Binance than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 481 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SLXUSDT0.066000.0714pay 0.0357% / 4h2h 41m$2.5M$3.0M25x
ShortBloFin SLX-USDT0.066270.0746get 0.0373% / 4h2h 41m$168K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.71
Price spread: +0.402% → +0.026%
$37.62
Slippage, 4 orders
−$41.24
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.91
Costs to cover
0.632%
Break-even
26.7 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 11 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, 10 min ago0.75 bp14.6 bp −$15106.8 bp −$1,068doesn't fitdoesn't fit
Sell BloFin live order book, 11 min ago3.78 bp16.6 bp −$1750.6 bp −$506doesn'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%4h0.06602+0.023%$971K$1.7M20xas long as short
SunX SLX-USDT+0.0100%4h0.06616+0.235%$1K$439K20xas long as short
Bitget SLXUSDT+0.0302%4h0.06602+0.023%$1.0M$311K20xas long as short
Gate SLX_USDT+0.0322%4h0.06599−0.022%$303K$664K25xas long as short
OKX SLX-USDT-SWAP+0.0346%4h0.06601+0.008%$1.8M$1.8M20xas long as short
Binance SLXUSDTlong+0.0714%4h0.06600long leg$2.5M$3.0M25x
MEXC SLX_USDT+0.0718%4h0.06600−0.007%$1.9M$221K20xas long as short
BloFin SLX-USDTshort+0.0746%4h0.06627+0.402%$168K$3K25x
Aster SLXUSDT+0.0762%4h0.06598−0.032%$15K$26K10xas long as short
BingX SLX-USDT+0.1868%4h0.06594−0.098%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1947%4h0.06577−0.355%$965K$371K20xas long as short