SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.066%

Price spread now: Gate against BloFin−0.235%93s7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$734as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$7207.198% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.143%−$14 on $10k

Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.235%, 7d avg −0.077%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.158% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.077%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SLX-USDT	0.06798	0.0400	pay 0.0200% / 4h	3h 35m	$167K	$8K	25x
Short	Gate SLX_USDT	0.06782	0.0100	get 0.0050% / 4h	3h 35m	$322K	$776K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.235%Rate

Funding earned: −$62.98
Price spread: −0.235% → −0.077%: −$15.81
Slippage, 4 orders: −$692.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$798.57
Costs to cover: 7.198%
Break-even: never at this rate

Slippage from BloFin: live order book, 29 min ago; Gate: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 29 min ago	2.95 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 61 min ago	5.19 bp	286.9 bp −$287	doesn't fit	doesn't fit	doesn't fit

SLX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SLX_USDTshort	+0.0100%	4h	0.06782	−0.235%	$322K	$776K	25x
KuCoin SLXUSDTM	+0.0100%	4h	0.06782	−0.235%	$997K	$1.6M	20x	as long as short
Bitget SLXUSDT	+0.0100%	4h	0.06787	−0.162%	$1.0M	$377K	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06801	+0.044%	$1K	$531K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0102%	4h	0.06785	−0.191%	$1.8M	$2.1M	20x	as long as short
Binance SLXUSDT	+0.0349%	4h	0.06785	−0.184%	$2.5M	$3.8M	25x	as long as short
MEXC SLX_USDT	+0.0352%	4h	0.06780	−0.265%	$1.8M	$273K	20x	as long as short
BloFin SLX-USDTlong	+0.0400%	4h	0.06798	long leg	$167K	$8K	25x
Aster SLXUSDT	+0.0705%	4h	0.06787	−0.158%	$19K	$35K	10x	as long as short
BingX SLX-USDT	+0.1818%	4h	0.06781	−0.250%	—	$1.7M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.1873%	4h	0.06764	−0.500%	$1.0M	$610K	20x	as long as short