SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.2846%/8h= +311.6% APRnext payment +$14.23 per $10,000 · paid last 24h +0.664%

Price spread now: BingX against KuCoin−0.150%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$771as in the Funding arb table

Net, price: spread back to 7d avg − costs−$900as in the Price arb table

costs, in and out, $10k−$8828.816% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.107%+$111 on $10k

Price spread, last 7 days+0.239%+$24 · spread now −0.150%, 7d avg +0.036%

Together, before fees+1.346%+$135 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.186% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of +0.036%). If the spread goes back, that is −$19 on $10k: about 5 hours of funding at the current rate (+$85 a day). At the pace of the last 7 days (+1.107% in total) that is about 28 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.107% in total (about 57.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SLXUSDTM	0.06675	0.0100	pay 0.0050% / 4h	1h 45m	$981K	$1.7M	20x
Short	BingX SLX-USDT	0.06665	0.2946	get 0.1473% / 4h	1h 45m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now −0.150%Rate

Funding earned: $597.66
Price spread: −0.150% → +0.036%: −$18.57
Slippage, 4 orders: −$859.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$302.48
Costs to cover: 8.816%
Break-even: 10.5 days

Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 1 min ago	2.25 bp	264.0 bp −$264	2445.8 bp −$24.5K	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.26 bp	20.7 bp −$21	67.4 bp −$674	doesn't fit	doesn't fit

SLX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SLX_USDT	+0.0100%	4h	0.06673	−0.030%	$314K	$617K	25x	as long as short
KuCoin SLXUSDTMlong	+0.0100%	4h	0.06675	long leg	$981K	$1.7M	20x
Bitget SLXUSDT	+0.0100%	4h	0.06671	−0.060%	$1.0M	$371K	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06677	+0.030%	$1K	$406K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0183%	4h	0.06673	−0.030%	$1.8M	$1.8M	20x	as long as short
BloFin SLX-USDT	+0.0504%	4h	0.06678	+0.045%	$169K	$3K	25x	as long as short
MEXC SLX_USDT	+0.0534%	4h	0.06670	−0.075%	$2.0M	$206K	20x	as long as short
Binance SLXUSDT	+0.0534%	4h	0.06675	−0.004%	$2.6M	$2.8M	25x	as long as short
Aster SLXUSDT	+0.0582%	4h	0.06665	−0.148%	$17K	$21K	10x	as long as short
BingX SLX-USDTshort	+0.2946%	4h	0.06665	−0.150%	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3111%	4h	0.06649	−0.390%	$963K	$335K	20x	as long as short