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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.137%
Price spread now: SunX against OKX+0.235%47s7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3053.054% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.526%−$53 on $10k
Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.235%, 7d avg +0.120%
Together, before fees−0.720%−$72 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.114% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.120%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SLX-USDT-SWAP0.068200.0100pay 0.0050% / 4h1h 23m$1.8M$2.1M20x
ShortSunX SLX-USDT0.068360.0100get 0.0050% / 4h1h 23m$1K$524K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.235% → +0.120%
$11.42
Slippage, 4 orders
−$287.45
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$294.02
Costs to cover
3.054%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; SunX: live order book, 38 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, 3 min ago0.73 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 38 min ago56.53 bp157.3 bp −$157doesn'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
OKX SLX-USDT-SWAPlong+0.0100%4h0.06820long leg$1.8M$2.1M20x
KuCoin SLXUSDTM+0.0100%4h0.06816−0.059%$1.0M$1.6M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06815−0.073%$1.0M$361K20xas long as short
SunX SLX-USDTshort+0.0100%4h0.06836+0.235%$1K$524K20x
Gate SLX_USDT+0.0104%4h0.06817−0.044%$309K$762K25xas long as short
MEXC SLX_USDT+0.0258%4h0.06810−0.147%$1.9M$256K20xas long as short
Binance SLXUSDT+0.0260%4h0.06813−0.097%$2.6M$3.7M25xas long as short
BloFin SLX-USDT+0.0273%4h0.06817−0.044%$168K$8K25xas long as short
Aster SLXUSDT+0.0516%4h0.06806−0.202%$18K$34K10xas long as short
BingX SLX-USDT+0.0754%4h0.06812−0.117%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.0871%4h0.06801−0.279%$1.0M$587K20xas long as short