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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0518%/8h= +56.7% APRnext payment +$2.59 per $10,000 · paid last 24h +0.120%
Price spread now: Gate against KuCoin−0.015%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$836as in the Funding arb table
Net, price: spread back to 7d avg − costs−$862as in the Price arb table
costs, in and out, $10k−$8618.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.253%+$25 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.015%, 7d avg −0.014%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$16 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 0.253% in total (about 13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.59 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
LongKuCoin SLXUSDTM0.066510.0120pay 0.0060% / 4h3h 05m$982K$1.7M20x
ShortGate SLX_USDT0.066500.0638get 0.0319% / 4h3h 05m$307K$675K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$108.78
Price spread: −0.015% → −0.014%
−$0.12
Slippage, 4 orders
−$834.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$752.72
Costs to cover
8.614%
Break-even
55.4 days
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago3.01 bp228.4 bp −$2282344.2 bp −$23.4Kdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.51 bp172.5 bp −$173doesn't fitdoesn'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%4h0.06666+0.226%$1K$433K20xas long as short
KuCoin SLXUSDTMlong+0.0120%4h0.06651long leg$982K$1.7M20x
Bitget SLXUSDT+0.0360%4h0.06648−0.045%$1.0M$306K20xas long as short
OKX SLX-USDT-SWAP+0.0426%4h0.06652+0.015%$1.8M$1.8M20xas long as short
Gate SLX_USDTshort+0.0638%4h0.06650−0.015%$307K$675K25x
MEXC SLX_USDT+0.0714%4h0.06650−0.015%$1.9M$223K20xas long as short
Binance SLXUSDT+0.0726%4h0.06653+0.030%$2.5M$3.0M25xas long as short
BloFin SLX-USDT+0.0776%4h0.06655+0.060%$167K$3K25xas long as short
Aster SLXUSDT+0.0781%4h0.06649−0.030%$15K$26K10xas long as short
BingX SLX-USDT+0.2696%4h0.06646−0.075%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.2832%4h0.06630−0.316%$978K$365K20xas long as short