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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0434%/8h= +47.5% APRnext payment +$2.17 per $10,000 · paid last 24h +0.161%
Price spread now: Binance against KuCoin+0.135%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$773as in the Funding arb table
Net, price: spread back to 7d avg − costs−$804as in the Price arb table
costs, in and out, $10k−$8128.118% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.135%, 7d avg +0.056%
Together, before fees+0.332%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.079% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SLXUSDTM0.066660.0100pay 0.0050% / 4h1h 46m$980K$1.7M20x
ShortBinance SLXUSDT0.066750.0534get 0.0267% / 4h1h 46m$2.6M$2.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$91.17
Price spread: +0.135% → +0.056%
$7.95
Slippage, 4 orders
−$789.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$712.71
Costs to cover
8.118%
Break-even
61.7 days
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 4 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 KuCoin live order book, 5 min ago3.75 bp289.5 bp −$2902606.1 bp −$26.1Kdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.25 bp11.0 bp −$1180.7 bp −$807doesn'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_USDT+0.0100%4h0.06664−0.030%$314K$616K25xas long as short
KuCoin SLXUSDTMlong+0.0100%4h0.06666long leg$980K$1.7M20x
Bitget SLXUSDT+0.0100%4h0.06669+0.045%$1.0M$372K20xas long as short
SunX SLX-USDT+0.0100%4h0.06677+0.165%$1K$406K20xas long as short
OKX SLX-USDT-SWAP+0.0185%4h0.06673+0.105%$1.8M$1.8M20xas long as short
BloFin SLX-USDT+0.0488%4h0.06667+0.015%$169K$3K25xas long as short
Binance SLXUSDTshort+0.0534%4h0.06675+0.135%$2.6M$2.8M25x
MEXC SLX_USDT+0.0538%4h0.06660−0.090%$2.0M$206K20xas long as short
Aster SLXUSDT+0.0582%4h0.06658−0.117%$17K$21K10xas long as short
BingX SLX-USDT+0.2946%4h0.06661−0.075%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3104%4h0.06648−0.270%$963K$335K20xas long as short