SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.3276%/8h= −358.7% APRnext payment −$16.38 per $10,000 · paid last 24h −0.547%

Price spread now: Gate against BingX+0.075%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$845as in the Funding arb table

Net, price: spread back to 7d avg − costs−$752as in the Price arb table

costs, in and out, $10k−$7627.619% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.832%−$83 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.075%, 7d avg −0.021%

Together, before fees−0.978%−$98 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.096% dearer against BingX than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.021%): +$10 on $10k if it goes back. Holding the pair costs −$98 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.832% in total) that is about 19 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.832% in total (about -43.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.38 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	BingX SLX-USDT	0.06650	0.3376	pay 0.1688% / 4h	2h 29m	—	$1.7M	—
Short	Gate SLX_USDT	0.06655	0.0100	get 0.0050% / 4h	2h 29m	$315K	$612K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now +0.075%Rate

Funding earned: −$687.96
Price spread: +0.075% → −0.021%: $9.59
Slippage, 4 orders: −$736.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,440.3
Costs to cover: 7.619%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Gate: live order book, 56 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 BingX live order book, 8 min ago	5.27 bp	19.9 bp −$20	55.0 bp −$550	doesn't fit	doesn't fit
Sell Gate live order book, 56 min ago	6.06 bp	404.7 bp −$405	doesn't fit	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_USDTshort	+0.0100%	4h	0.06655	+0.075%	$315K	$612K	25x
KuCoin SLXUSDTM	+0.0100%	4h	0.06658	+0.120%	$980K	$1.7M	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06670	+0.301%	$957	$402K	20x	as long as short
Bitget SLXUSDT	+0.0102%	4h	0.06656	+0.090%	$1.0M	$371K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0245%	4h	0.06663	+0.195%	$1.8M	$1.8M	20x	as long as short
Binance SLXUSDT	+0.0502%	4h	0.06662	+0.180%	$2.6M	$2.8M	25x	as long as short
MEXC SLX_USDT	+0.0502%	4h	0.06650	0.000%	$2.0M	$207K	20x	as long as short
BloFin SLX-USDT	+0.0559%	4h	0.06657	+0.105%	$169K	$3K	25x	as long as short
Aster SLXUSDT	+0.0565%	4h	0.06654	+0.060%	$16K	$21K	10x	as long as short
BingX SLX-USDTlong	+0.3376%	4h	0.06650	long leg	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3432%	4h	0.06634	−0.241%	$954K	$321K	20x	as long as short