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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.2350%/8h= −257.3% APRnext payment $11.75 per $10,000 · paid last 24h −0.839%
Price spread now: KuCoin against BingX+0.059%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$970as in the Price arb table
costs, in and out, $10k−$9799.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.260%−$126 on $10k
Price spread, last 7 days−0.107%−$11 · spread now +0.059%, 7d avg −0.029%
Together, before fees−1.367%−$137 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.088% dearer against BingX than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.029%): +$9 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−1.260% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.260% in total (about -65.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $11.75 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
LongBingX SLX-USDT0.067720.2496pay 0.1248% / 4h3h 45m$1.7M
ShortKuCoin SLXUSDTM0.067760.0146get 0.0073% / 4h3h 45m$995K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
−$493.5
Price spread: +0.059% → −0.029%
$8.83
Slippage, 4 orders
−$956.68
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,463.35
Costs to cover
9.787%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago4.47 bp21.7 bp −$2281.9 bp −$819doesn't fitdoesn't fit
Sell KuCoin live order book, just now2.21 bp505.4 bp −$505997.8 bp −$9,978doesn'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-USDT+0.0100%4h0.06790+0.266%$1K$457K20xas long as short
KuCoin SLXUSDTMshort+0.0146%4h0.06776+0.059%$995K$1.6M20x
OKX SLX-USDT-SWAP+0.0350%4h0.06780+0.118%$1.8M$1.8M20xas long as short
Bitget SLXUSDT+0.0564%4h0.067720.000%$1.0M$326K20xas long as short
Gate SLX_USDT+0.0654%4h0.06775+0.044%$308K$714K25xas long as short
BloFin SLX-USDT+0.0746%4h0.06760−0.177%$168K$7K25xas long as short
Binance SLXUSDT+0.0798%4h0.06775+0.044%$2.6M$3.3M25xas long as short
MEXC SLX_USDT+0.0804%4h0.06770−0.030%$1.7M$235K20xas long as short
Aster SLXUSDT+0.0895%4h0.06777+0.080%$14K$31K10xas long as short
Bybit SLXUSDT+0.1887%4h0.06758−0.207%$993K$462K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDTlong+0.2496%4h0.06772long leg$1.7M