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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against BingX−0.135%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2142.139% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.135%, 7d avg −0.108%
Together, before fees−0.077%−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.108%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.149%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SLX-USDT0.066450.1824pay 0.0912% / 4h1h 33m$1.7M
ShortBybit SLXUSDT0.066360.1933get 0.0967% / 4h1h 33m$1.0M$407K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$22.97
Price spread: −0.135% → −0.108%
−$2.75
Slippage, 4 orders
−$192.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$193.67
Costs to cover
2.139%
Break-even
66.0 days
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 22 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 BingX live order book, 13 min ago3.77 bp19.3 bp −$1974.4 bp −$744doesn't fitdoesn't fit
Sell Bybit live order book, 22 min ago3.77 bp75.3 bp −$75doesn'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
KuCoin SLXUSDTM+0.0100%4h0.06649+0.060%$976K$1.6M20xas long as short
SunX SLX-USDT+0.0100%4h0.06667+0.331%$1K$432K20xas long as short
Bitget SLXUSDT+0.0280%4h0.06654+0.135%$1.0M$275K20xas long as short
OKX SLX-USDT-SWAP+0.0345%4h0.06657+0.181%$1.8M$1.7M20xas long as short
Gate SLX_USDT+0.0482%4h0.06651+0.090%$305K$685K25xas long as short
BloFin SLX-USDT+0.0700%4h0.06659+0.211%$169K$3K25xas long as short
MEXC SLX_USDT+0.0714%4h0.06650+0.075%$1.8M$231K20xas long as short
Binance SLXUSDT+0.0725%4h0.06655+0.155%$2.5M$3.0M25xas long as short
Aster SLXUSDT+0.0782%4h0.06650+0.082%$15K$28K10xas long as short
BingX SLX-USDTlong+0.1824%4h0.06645long leg$1.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDTshort+0.1933%4h0.06636−0.135%$1.0M$407K20x