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

SLX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0487%/8hnext payment +$2.43 per $10,000 · paid last 24h +0.022%
Price spread now: Binance against Gate+0.045%7-day average +0.054% · you sell dearer than you buy
to open and close $10k−$603fees + slippage, both legs, in and out
costs, in % of the position6.028%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.045%, 7d avg +0.054%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$15 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 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 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
LongGate SLX_USDT0.065780.0100pay 0.0050% / 4h35m 41s$317K$571K25x
ShortBinance SLXUSDT0.065810.0587get 0.0293% / 4h35m 41s$2.5M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$102.17
Price spread: +0.045% → +0.054%
−$0.9
Slippage, 4 orders
−$577.77
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$501.51
Costs to cover
6.028%
Break-even
41.4 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 10 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 Gate live order book, 3 min ago4.55 bp151.7 bp −$152doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.76 bp16.4 bp −$1693.4 bp −$934doesn'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
Gate SLX_USDTlong+0.0100%4h0.06578long leg$317K$571K25x
KuCoin SLXUSDTM+0.0100%4h0.065780.000%$965K$1.7M20xas long as short
SunX SLX-USDT+0.0100%4h0.06588+0.152%$1K$376K20xas long as short
Bitget SLXUSDT+0.0106%4h0.06581+0.046%$1.0M$343K20xas long as short
OKX SLX-USDT-SWAP+0.0328%4h0.06579+0.015%$1.8M$1.8M20xas long as short
BloFin SLX-USDT+0.0541%4h0.06595+0.258%$173K$3K25xas long as short
MEXC SLX_USDT+0.0586%4h0.06570−0.122%$2.0M$236K20xas long as short
Binance SLXUSDTshort+0.0587%4h0.06581+0.045%$2.5M$2.6M25x
Aster SLXUSDT+0.0775%4h0.06576−0.030%$16K$18K10xas long as short
BingX SLX-USDT+0.3630%4h0.06575−0.046%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3768%4h0.06555−0.350%$959K$284K20xas long as short