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−0.0110%/8h= −12.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.065%
Price spread now: SunX against Bitget+0.103%7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3173.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.103%, 7d avg +0.177%
Together, before fees−0.189%−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.075% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SLXUSDT0.068160.0210pay 0.0105% / 4h2h 33m$1.0M$353K20x
ShortSunX SLX-USDT0.068230.0100get 0.0050% / 4h2h 33m$1K$505K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$23.1
Price spread: +0.103% → +0.177%
−$7.47
Slippage, 4 orders
−$297.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$347.96
Costs to cover
3.174%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 37 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 ago4.39 bp33.1 bp −$33471.1 bp −$4,711doesn't fitdoesn't fit
Sell SunX live order book, 37 min ago56.98 bp161.8 bp −$162doesn'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-USDTshort+0.0100%4h0.06823+0.103%$1K$505K20x
KuCoin SLXUSDTM+0.0112%4h0.06818+0.029%$999K$1.6M20xas long as short
Gate SLX_USDT+0.0184%4h0.06820+0.059%$315K$750K25xas long as short
OKX SLX-USDT-SWAP+0.0206%4h0.06822+0.088%$1.8M$2.1M20xas long as short
Bitget SLXUSDTlong+0.0210%4h0.06816long leg$1.0M$353K20x
Bybit SLXUSDT+0.0215%4h0.06805−0.161%$1.0M$542K20xas long as short
Binance SLXUSDT+0.0454%4h0.06818+0.025%$2.6M$3.6M25xas long as short
MEXC SLX_USDT+0.0462%4h0.06810−0.088%$1.9M$256K20xas long as short
BingX SLX-USDT+0.0470%4h0.068160.000%$1.7Mas long as short
BloFin SLX-USDT+0.0490%4h0.06863+0.690%$170K$8K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0633%4h0.06816−0.006%$16K$30K10xas long as short