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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0679%/8h= −74.4% APRnext payment $3.40 per $10,000 · paid last 24h −0.183%
Price spread now: KuCoin against BloFin−0.075%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$861as in the Funding arb table
Net, price: spread back to 7d avg − costs−$824as in the Price arb table
costs, in and out, $10k−$8238.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.379%−$38 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.075%, 7d avg −0.065%
Together, before fees−0.242%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.379% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SLX-USDT0.066430.0797pay 0.0399% / 4h1h 02m$168K$3K25x
ShortKuCoin SLXUSDTM0.066380.0118get 0.0059% / 4h1h 02m$974K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$142.69
Price spread: −0.075% → −0.065%
−$0.98
Slippage, 4 orders
−$799.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$966.74
Costs to cover
8.231%
Break-even
never at this rate
Slippage from BloFin: live order book, 34 min ago; KuCoin: live order book, 3 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 BloFin live order book, 34 min ago1.50 bp16.6 bp −$1745.9 bp −$459doesn't fitdoesn't fit
Sell KuCoin live order book, 3 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%4h0.06656+0.196%$1K$431K20xas long as short
KuCoin SLXUSDTMshort+0.0118%4h0.06638−0.075%$974K$1.6M20x
OKX SLX-USDT-SWAP+0.0356%4h0.06637−0.090%$1.8M$1.7M20xas long as short
Bitget SLXUSDT+0.0454%4h0.06636−0.105%$1.0M$276K20xas long as short
Gate SLX_USDT+0.0516%4h0.06640−0.045%$305K$698K25xas long as short
Binance SLXUSDT+0.0775%4h0.06634−0.135%$2.5M$3.0M25xas long as short
MEXC SLX_USDT+0.0780%4h0.06620−0.346%$1.8M$233K20xas long as short
BloFin SLX-USDTlong+0.0797%4h0.06643long leg$168K$3K25x
Aster SLXUSDT+0.0829%4h0.06639−0.066%$15K$28K10xas long as short
BingX SLX-USDT+0.1966%4h0.06629−0.211%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.2019%4h0.06614−0.437%$997K$411K20xas long as short