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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.072%
Price spread now: OKX against Bitget+0.073%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.285%+$29 on $10k
Price spread, last 7 days−0.151%−$15 · spread now +0.073%, 7d avg +0.037%
Together, before fees+0.135%+$13 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 OKX is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SLXUSDT0.068350.0196pay 0.0098% / 4h2h 31m$1.0M$355K20x
ShortOKX SLX-USDT-SWAP0.068400.0219get 0.0109% / 4h2h 31m$1.9M$2.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$4.8
Price spread: +0.073% → +0.037%
$3.66
Slippage, 4 orders
−$93.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$106.6
Costs to cover
1.151%
Break-even
162.4 days
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago4.39 bp33.1 bp −$33471.1 bp −$4,711doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.19 bp22.0 bp −$22doesn't fitdoesn'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%4h0.06853+0.263%$1K$506K20xas long as short
KuCoin SLXUSDTM+0.0112%4h0.06843+0.117%$1.0M$1.6M20xas long as short
Bitget SLXUSDTlong+0.0196%4h0.06835long leg$1.0M$355K20x
Gate SLX_USDT+0.0212%4h0.06838+0.044%$315K$751K25xas long as short
OKX SLX-USDT-SWAPshort+0.0219%4h0.06840+0.073%$1.9M$2.1M20x
Bybit SLXUSDT+0.0238%4h0.06825−0.146%$1.0M$546K20xas long as short
BloFin SLX-USDT+0.0420%4h0.06855+0.293%$170K$8K25xas long as short
Binance SLXUSDT+0.0433%4h0.06839+0.059%$2.6M$3.6M25xas long as short
MEXC SLX_USDT+0.0440%4h0.06830−0.073%$1.9M$256K20xas long as short
BingX SLX-USDT+0.0465%4h0.06841+0.088%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0633%4h0.06842+0.107%$16K$30K10xas long as short