SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0336%/8h= −36.8% APRnext payment −$1.68 per $10,000 · paid last 24h −0.060%

Price spread now: Gate against Binance+0.030%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$436as in the Funding arb table

Net, price: spread back to 7d avg − costs−$416as in the Price arb table

costs, in and out, $10k−$4244.240% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.030%, 7d avg −0.054%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.084% dearer against Binance than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.054%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.123% in total) that is about 4.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 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	0.06644	0.0680	pay 0.0340% / 4h	2h 23m	$2.5M	$3.0M	25x
Short	Gate SLX_USDT	0.06646	0.0344	get 0.0172% / 4h	2h 23m	$306K	$676K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.030%Rate

Funding earned: −$70.57
Price spread: +0.030% → −0.054%: $8.41
Slippage, 4 orders: −$398.96
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$486.12
Costs to cover: 4.240%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: live order book, 43 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, 13 min ago	1.50 bp	18.7 bp −$19	102.0 bp −$1,020	doesn't fit	doesn't fit
Sell Gate live order book, 43 min ago	4.51 bp	172.5 bp −$173	doesn't fit	doesn't fit	doesn't fit

SLX on 10 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
KuCoin SLXUSDTM	+0.0100%	4h	0.06642	−0.030%	$974K	$1.7M	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06653	+0.135%	$1K	$444K	20x	as long as short
Bitget SLXUSDT	+0.0240%	4h	0.06646	+0.030%	$1.0M	$290K	20x	as long as short
Gate SLX_USDTshort	+0.0344%	4h	0.06646	+0.030%	$306K	$676K	25x
OKX SLX-USDT-SWAP	+0.0366%	4h	0.06644	0.000%	$1.8M	$1.8M	20x	as long as short
Binance SLXUSDTlong	+0.0680%	4h	0.06644	long leg	$2.5M	$3.0M	25x
MEXC SLX_USDT	+0.0686%	4h	0.06640	−0.060%	$1.9M	$222K	20x	as long as short
Aster SLXUSDT	+0.0741%	4h	0.06637	−0.105%	$15K	$27K	10x	as long as short
BingX SLX-USDT	+0.2040%	4h	0.06637	−0.105%	—	$1.7M	—	as long as short
Bybit SLXUSDT	+0.2152%	4h	0.06620	−0.361%	$963K	$382K	20x	as long as short