SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0343%/8h= +37.6% APRnext payment +$1.72 per $10,000 · paid last 24h +0.026%

Price spread now: BloFin against OKX+0.030%63s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$740.744% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.030%, 7d avg −0.007%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.038% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.72 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	OKX SLX-USDT-SWAP	0.06653	0.0433	pay 0.0217% / 4h	3h 04m	$1.8M	$1.8M	20x
Short	BloFin SLX-USDT	0.06655	0.0776	get 0.0388% / 4h	3h 04m	$167K	$3K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now +0.030%Rate

Funding earned: $72.12
Price spread: +0.030% → −0.007%: $3.76
Slippage, 4 orders: −$52.45
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $1.43
Costs to cover: 0.744%
Break-even: 6.9 days

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 53 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 OKX live order book, 3 min ago	0.75 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	0.75 bp	15.0 bp −$15	35.7 bp −$357	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
SunX SLX-USDT	+0.0100%	4h	0.06666	+0.195%	$1K	$433K	20x	as long as short
KuCoin SLXUSDTM	+0.0126%	4h	0.06652	−0.015%	$982K	$1.7M	20x	as long as short
Bitget SLXUSDT	+0.0358%	4h	0.06648	−0.075%	$1.0M	$305K	20x	as long as short
OKX SLX-USDT-SWAPlong	+0.0433%	4h	0.06653	long leg	$1.8M	$1.8M	20x
Gate SLX_USDT	+0.0644%	4h	0.06653	0.000%	$307K	$676K	25x	as long as short
MEXC SLX_USDT	+0.0726%	4h	0.06650	−0.045%	$1.9M	$223K	20x	as long as short
Binance SLXUSDT	+0.0727%	4h	0.06656	+0.045%	$2.5M	$3.0M	25x	as long as short
BloFin SLX-USDTshort	+0.0776%	4h	0.06655	+0.030%	$167K	$3K	25x
Aster SLXUSDT	+0.0783%	4h	0.06649	−0.060%	$15K	$26K	10x	as long as short
BingX SLX-USDT	+0.2696%	4h	0.06652	−0.015%	—	$1.7M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.2819%	4h	0.06631	−0.331%	$977K	$366K	20x	as long as short