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−0.0659%/8h= −72.1% APRnext payment $3.29 per $10,000 · paid last 24h −0.180%
Price spread now: KuCoin against Binance−0.054%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$683as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6456.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.376%−$38 on $10k
Price spread, last 7 days−0.009%−$1 · spread now −0.054%, 7d avg −0.053%
Together, before fees−0.385%−$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.376% in total (about -19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.29 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 SLXUSDT0.066090.0759pay 0.0379% / 4h39m 03s$2.5M$3.0M25x
ShortKuCoin SLXUSDTM0.066050.0100get 0.0050% / 4h39m 03s$968K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$138.36
Price spread: −0.054% → −0.053%
−$0.08
Slippage, 4 orders
−$623.35
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$783.79
Costs to cover
6.454%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 2 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, 12 min ago0.76 bp17.2 bp −$1795.9 bp −$959doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.78 bp412.6 bp −$4131010.1 bp −$10.1Kdoesn'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 SLXUSDTMshort+0.0100%4h0.06605−0.054%$968K$1.6M20x
SunX SLX-USDT+0.0100%4h0.06628+0.294%$1K$431K20xas long as short
OKX SLX-USDT-SWAP+0.0325%4h0.06610+0.021%$1.8M$1.7M20xas long as short
Bitget SLXUSDT+0.0416%4h0.06608−0.009%$1.0M$276K20xas long as short
Gate SLX_USDT+0.0518%4h0.06608−0.009%$303K$691K25xas long as short
MEXC SLX_USDT+0.0746%4h0.06600−0.130%$1.8M$226K20xas long as short
BloFin SLX-USDT+0.0758%4h0.06605−0.054%$167K$3K25xas long as short
Binance SLXUSDTlong+0.0759%4h0.06609long leg$2.5M$3.0M25x
Aster SLXUSDT+0.0805%4h0.06602−0.100%$15K$27K10xas long as short
BingX SLX-USDT+0.1620%4h0.06603−0.085%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1689%4h0.06587−0.327%$993K$411K20xas long as short