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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.113%
Price spread now: MEXC against Bitget−0.029%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 7 days−0.027%−$3 · spread now −0.029%, 7d avg −0.034%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SLXUSDT0.068420.0142pay 0.0071% / 4h3h 01m$1.1M$389K20x
ShortMEXC SLX_USDT0.068400.0410get 0.0205% / 4h3h 01m$1.8M$275K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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
$56.28
Price spread: −0.029% → −0.034%
$0.5
Slippage, 4 orders
−$56.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$15.27
Costs to cover
0.720%
Break-even
8.9 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 5 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 Bitget live order book, 4 min ago2.93 bp25.7 bp −$26386.1 bp −$3,861doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago7.33 bp9.3 bp −$935.4 bp −$354283.4 bp −$28.3Kdoesn'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%4h0.06838−0.058%$1.0M$1.6M20xas long as short
SunX SLX-USDT+0.0100%4h0.06852+0.146%$1K$522K20xas long as short
Bitget SLXUSDTlong+0.0142%4h0.06842long leg$1.1M$389K20x
OKX SLX-USDT-SWAP+0.0221%4h0.06837−0.073%$1.8M$2.1M20xas long as short
MEXC SLX_USDTshort+0.0410%4h0.06840−0.029%$1.8M$275K20x
Binance SLXUSDT+0.0411%4h0.06840−0.029%$2.6M$3.7M25xas long as short
BloFin SLX-USDT+0.0413%4h0.06844+0.029%$168K$8K25xas long as short
Gate SLX_USDT+0.0478%4h0.06840−0.029%$325K$788K25xas long as short
Aster SLXUSDT+0.0799%4h0.06836−0.088%$19K$35K10xas long as short
BingX SLX-USDT+0.1126%4h0.06834−0.117%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.1238%4h0.06821−0.307%$1.0M$616K20xas long as short