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

SLX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0336%/8h= −36.8% APRnext payment $1.68 per $10,000 · paid last 24h −0.042%
Price spread now: KuCoin against Bitget+0.060%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$834as in the Price arb table
costs, in and out, $10k−$8438.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.242%−$24 on $10k
Price spread, last 7 days−0.197%−$20 · spread now +0.060%, 7d avg −0.031%
Together, before fees−0.439%−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.091% dearer against Bitget than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.031%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.242% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SLXUSDT0.066510.0464pay 0.0232% / 4h1h 04m$1.0M$275K20x
ShortKuCoin SLXUSDTM0.066550.0128get 0.0064% / 4h1h 04m$976K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$70.56
Price spread: +0.060% → −0.031%
$9.12
Slippage, 4 orders
−$819.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$904.7
Costs to cover
8.433%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: 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 Bitget live order book, 2 min ago2.25 bp21.0 bp −$21169.4 bp −$1,694doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago3.01 bp557.8 bp −$5581001.8 bp −$10.0Kdoesn'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%4h0.06664+0.195%$1K$431K20xas long as short
KuCoin SLXUSDTMshort+0.0128%4h0.06655+0.060%$976K$1.6M20x
OKX SLX-USDT-SWAP+0.0375%4h0.06653+0.030%$1.8M$1.7M20xas long as short
Bitget SLXUSDTlong+0.0464%4h0.06651long leg$1.0M$275K20x
Gate SLX_USDT+0.0536%4h0.066510.000%$305K$697K25xas long as short
BloFin SLX-USDT+0.0729%4h0.06650−0.015%$169K$3K25xas long as short
MEXC SLX_USDT+0.0774%4h0.06650−0.015%$1.8M$233K20xas long as short
Binance SLXUSDT+0.0780%4h0.06657+0.090%$2.5M$3.0M25xas long as short
Aster SLXUSDT+0.0827%4h0.06652+0.013%$15K$28K10xas long as short
BingX SLX-USDT+0.2044%4h0.06647−0.060%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.2070%4h0.06636−0.226%$1.0M$411K20xas long as short