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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRnext payment $0.63 per $10,000 · paid last 24h −0.109%
Price spread now: Bitget against OKX+0.015%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$860.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.296%−$30 on $10k
Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.015%, 7d avg −0.062%
Together, before fees−0.442%−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.077% dearer against OKX than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.062%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SLX-USDT-SWAP0.066600.0321pay 0.0160% / 4h2h 00m$1.8M$1.8M20x
ShortBitget SLXUSDT0.066610.0194get 0.0097% / 4h2h 00m$1.0M$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
−$26.63
Price spread: +0.015% → −0.062%
$7.7
Slippage, 4 orders
−$64.23
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.15
Costs to cover
0.862%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: 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 OKX live order book, 2 min ago0.75 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.75 bp28.1 bp −$28138.7 bp −$1,387doesn't fitdoesn't fit

SLX on 10 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
KuCoin SLXUSDTM+0.0100%4h0.06658−0.030%$976K$1.7M20xas long as short
SunX SLX-USDT+0.0100%4h0.06675+0.225%$1K$438K20xas long as short
Bitget SLXUSDTshort+0.0194%4h0.06661+0.015%$1.0M$283K20x
OKX SLX-USDT-SWAPlong+0.0321%4h0.06660long leg$1.8M$1.8M20x
Gate SLX_USDT+0.0424%4h0.06657−0.045%$306K$686K25xas long as short
MEXC SLX_USDT+0.0686%4h0.06650−0.150%$1.8M$235K20xas long as short
Binance SLXUSDT+0.0694%4h0.06657−0.038%$2.6M$3.0M25xas long as short
Aster SLXUSDT+0.0754%4h0.06669+0.128%$15K$28K10xas long as short
BingX SLX-USDT+0.2006%4h0.06651−0.135%$1.7Mas long as short
Bybit SLXUSDT+0.2155%4h0.06640−0.300%$970K$403K20xas long as short