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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0762%/8h= −83.4% APRnext payment $3.81 per $10,000 · paid last 24h −0.624%
Price spread now: BloFin against Bybit+0.060%7-day average +0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1841.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.683%−$68 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.060%, 7d avg +0.184%
Together, before fees−0.697%−$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and BloFin is 0.124% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.184%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SLXUSDT0.066580.1570pay 0.0785% / 4h16m 28s$1.0M$421K20x
ShortBloFin SLX-USDT0.066620.0808get 0.0404% / 4h16m 28s$136K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$159.93
Price spread: +0.060% → +0.184%
−$12.43
Slippage, 4 orders
−$161.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$356.65
Costs to cover
1.843%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 13 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 Bybit live order book, 4 min ago0.75 bp80.0 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago2.26 bp17.9 bp −$1850.2 bp −$502doesn'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%4h0.06679+0.315%$1K$439K20xas long as short
KuCoin SLXUSDTM+0.0122%4h0.06674+0.240%$975K$1.6M20xas long as short
OKX SLX-USDT-SWAP+0.0345%4h0.06678+0.300%$1.8M$1.7M20xas long as short
Gate SLX_USDT+0.0550%4h0.06673+0.225%$306K$701K25xas long as short
Bitget SLXUSDT+0.0588%4h0.06668+0.150%$1.0M$274K20xas long as short
BloFin SLX-USDTshort+0.0808%4h0.06662+0.060%$136K$3K25x
MEXC SLX_USDT+0.0828%4h0.06670+0.180%$1.8M$229K20xas long as short
Binance SLXUSDT+0.0828%4h0.06671+0.195%$2.6M$3.0M25xas long as short
Aster SLXUSDT+0.0881%4h0.06656−0.023%$15K$27K10xas long as short
BingX SLX-USDT+0.1518%4h0.06668+0.150%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDTlong+0.1570%4h0.06658long leg$1.0M$421K20x