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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.125%
Price spread now: Gate against SunX−0.236%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$652as in the Funding arb table
Net, price: spread back to 7d avg − costs−$680as in the Price arb table
costs, in and out, $10k−$6776.770% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.236%, 7d avg −0.205%
Together, before fees+0.250%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.031% cheaper against SunX than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of −0.205%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.250% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SLX-USDT0.067830.0100pay 0.0050% / 4h2h 53m$1K$481K20x
ShortGate SLX_USDT0.067670.0158get 0.0079% / 4h2h 53m$312K$734K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
$12.18
Price spread: −0.236% → −0.205%
−$3.06
Slippage, 4 orders
−$654.05
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$667.93
Costs to cover
6.770%
Break-even
390.9 days
Slippage from SunX: live order book, 17 min ago; Gate: live order book, 58 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 SunX live order book, 17 min ago56.98 bp86.7 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 58 min ago4.43 bp389.4 bp −$389doesn'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-USDTlong+0.0100%4h0.06783long leg$1K$481K20x
KuCoin SLXUSDTM+0.0130%4h0.06772−0.162%$989K$1.6M20xas long as short
Gate SLX_USDTshort+0.0158%4h0.06767−0.236%$312K$734K25x
Bybit SLXUSDT+0.0198%4h0.06745−0.560%$995K$480K20xas long as short
OKX SLX-USDT-SWAP+0.0272%4h0.06760−0.339%$1.8M$1.9M20xas long as short
Bitget SLXUSDT+0.0326%4h0.06754−0.428%$1.0M$346K20xas long as short
BingX SLX-USDT+0.0554%4h0.06763−0.295%$1.7Mas long as short
MEXC SLX_USDT+0.0574%4h0.06760−0.339%$1.7M$230K20xas long as short
Binance SLXUSDT+0.0575%4h0.06764−0.280%$2.5M$3.4M25xas long as short
BloFin SLX-USDT+0.0601%4h0.06792+0.133%$169K$7K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SLXUSDT+0.0740%4h0.06774−0.136%$16K$31K10xas long as short