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

SLX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against Gate+0.147%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$976as in the Funding arb table
Net, price: spread back to 7d avg − costs−$983as in the Price arb table
costs, in and out, $10k−$9909.904% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.147%, 7d avg +0.076%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.071% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SLX_USDT0.067890.0100pay 0.0050% / 4h1h 02m$321K$780K25x
ShortBloFin SLX-USDT0.067990.0212get 0.0106% / 4h1h 02m$168K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$23.5
Price spread: +0.147% → +0.076%
$7.12
Slippage, 4 orders
−$963.42
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$959.79
Costs to cover
9.904%
Break-even
292.9 days
Slippage from Gate: live order book, 39 min ago; BloFin: live order book, 7 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, 39 min ago2.94 bp477.2 bp −$477doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago4.41 bp21.8 bp −$2289.1 bp −$891doesn'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
OKX SLX-USDT-SWAP+0.0100%4h0.06792+0.044%$1.8M$2.1M20xas long as short
Gate SLX_USDTlong+0.0100%4h0.06789long leg$321K$780K25x
KuCoin SLXUSDTM+0.0100%4h0.067890.000%$997K$1.6M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06790+0.015%$1.0M$363K20xas long as short
SunX SLX-USDT+0.0100%4h0.06805+0.236%$1K$519K20xas long as short
BloFin SLX-USDTshort+0.0212%4h0.06799+0.147%$168K$8K25x
MEXC SLX_USDT+0.0222%4h0.06790+0.015%$1.9M$260K20xas long as short
Binance SLXUSDT+0.0223%4h0.06791+0.029%$2.5M$3.7M25xas long as short
Aster SLXUSDT+0.0508%4h0.06794+0.069%$18K$34K10xas long as short
BingX SLX-USDT+0.0938%4h0.06787−0.029%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1018%4h0.06777−0.177%$1.0M$587K20xas long as short