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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1424%/8h= +155.9% APRnext payment +$7.12 per $10,000 · paid last 24h +0.700%
Price spread now: BingX against Bitget−0.103%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.073%+$107 on $10k
Price spread, last 7 days+0.105%+$10 · spread now −0.103%, 7d avg 0.000%
Together, before fees+1.177%+$118 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of 0.000%). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$43 a day). At the pace of the last 7 days (+1.073% in total) that is about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SLXUSDT0.068250.0110pay 0.0055% / 4h3h 03m$1.1M$389K20x
ShortBingX SLX-USDT0.068180.1534get 0.0767% / 4h3h 03m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$299.04
Price spread: −0.103% → 0.000%
−$10.3
Slippage, 4 orders
−$82.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$184.63
Costs to cover
1.041%
Break-even
2.7 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 4 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 Bitget live order book, 2 min ago2.93 bp25.7 bp −$26386.1 bp −$3,861doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago3.67 bp25.3 bp −$25119.3 bp −$1,1931267.0 bp −$126.7Kdoesn'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%4h0.06827+0.029%$1.0M$1.6M20xas long as short
SunX SLX-USDT+0.0100%4h0.06842+0.249%$1K$523K20xas long as short
Bitget SLXUSDTlong+0.0110%4h0.06825long leg$1.1M$389K20x
OKX SLX-USDT-SWAP+0.0207%4h0.06830+0.073%$1.8M$2.1M20xas long as short
BloFin SLX-USDT+0.0349%4h0.06824−0.015%$168K$8K25xas long as short
Gate SLX_USDT+0.0388%4h0.06822−0.044%$325K$787K25xas long as short
MEXC SLX_USDT+0.0398%4h0.06830+0.073%$1.8M$275K20xas long as short
Binance SLXUSDT+0.0400%4h0.06832+0.103%$2.6M$3.7M25xas long as short
Aster SLXUSDT+0.0786%4h0.06828+0.044%$19K$35K10xas long as short
Bybit SLXUSDT+0.1185%4h0.06809−0.234%$1.0M$616K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDTshort+0.1534%4h0.06818−0.103%$1.7M