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−0.0332%/8h= −36.4% APRnext payment $1.66 per $10,000 · paid last 24h −0.123%
Price spread now: Bitget against MEXC+0.075%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.075%, 7d avg +0.064%
Together, before fees−0.178%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$10 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 -0.119% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.66 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
LongMEXC SLX_USDT0.066300.0432pay 0.0216% / 4h1h 15m$2.0M$208K20x
ShortBitget SLXUSDT0.066350.0100get 0.0050% / 4h1h 15m$1.0M$363K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
−$69.72
Price spread: +0.075% → +0.064%
$1.14
Slippage, 4 orders
−$55.53
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$140.1
Costs to cover
0.715%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago7.52 bp9.5 bp −$1041.9 bp −$419285.7 bp −$28.6Kdoesn't fit
Sell Bitget live order book, just now2.26 bp24.7 bp −$25181.3 bp −$1,813doesn'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%4h0.06633+0.045%$312K$627K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06632+0.030%$970K$1.7M20xas long as short
Bitget SLXUSDTshort+0.0100%4h0.06635+0.075%$1.0M$363K20x
SunX SLX-USDT+0.0100%4h0.06646+0.241%$1K$410K20xas long as short
OKX SLX-USDT-SWAP+0.0187%4h0.06635+0.075%$1.8M$1.8M20xas long as short
BloFin SLX-USDT+0.0386%4h0.06636+0.090%$168K$3K25xas long as short
MEXC SLX_USDTlong+0.0432%4h0.06630long leg$2.0M$208K20x
Binance SLXUSDT+0.0433%4h0.06635+0.071%$2.5M$2.9M25xas long as short
Aster SLXUSDT+0.0475%4h0.06633+0.045%$16K$26K10xas long as short
BingX SLX-USDT+0.3146%4h0.06627−0.045%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3258%4h0.06610−0.302%$959K$340K20xas long as short