SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0408%/8h= −44.7% APRnext payment −$2.04 per $10,000 · paid last 24h −0.123%

Price spread now: Bitget against Binance+0.007%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$780.776% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.007%, 7d avg −0.023%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.030% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.023%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.120% in total) that is about 42 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.04 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	Binance SLXUSDT	0.06673	0.0508	pay 0.0254% / 4h	51m 37s	$2.5M	$2.9M	25x
Short	Bitget SLXUSDT	0.06673	0.0100	get 0.0050% / 4h	51m 37s	$1.0M	$365K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$85.68
Price spread: +0.007% → −0.023%: $3.02
Slippage, 4 orders: −$55.62
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$160.28
Costs to cover: 0.776%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 4 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 Binance live order book, 14 min ago	0.75 bp	13.5 bp −$14	69.4 bp −$694	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.00 bp	25.5 bp −$25	135.3 bp −$1,353	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
Gate SLX_USDT	+0.0100%	4h	0.06674	+0.022%	$314K	$630K	25x	as long as short
KuCoin SLXUSDTM	+0.0100%	4h	0.06673	+0.007%	$975K	$1.7M	20x	as long as short
Bitget SLXUSDTshort	+0.0100%	4h	0.06673	+0.007%	$1.0M	$365K	20x
SunX SLX-USDT	+0.0100%	4h	0.06684	+0.172%	$1K	$419K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0267%	4h	0.06673	+0.007%	$1.8M	$1.8M	20x	as long as short
Binance SLXUSDTlong	+0.0508%	4h	0.06673	long leg	$2.5M	$2.9M	25x
MEXC SLX_USDT	+0.0508%	4h	0.06670	−0.038%	$2.0M	$203K	20x	as long as short
BloFin SLX-USDT	+0.0539%	4h	0.06679	+0.097%	$134K	$3K	25x	as long as short
Aster SLXUSDT	+0.0577%	4h	0.06664	−0.128%	$15K	$28K	10x	as long as short
BingX SLX-USDT	+0.3338%	4h	0.06669	−0.053%	—	$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	+0.3578%	4h	0.06648	−0.368%	$962K	$349K	20x	as long as short