SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0578%/8h= −63.3% APRnext payment −$2.89 per $10,000 · paid last 24h −0.183%

Price spread now: KuCoin against BloFin+0.045%95s7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$799as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$7617.606% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.379%−$38 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.045%, 7d avg −0.065%

Together, before fees−0.362%−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.111% dearer against BloFin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.065%): +$11 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.379% in total) that is about 2.0 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.379% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.89 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	BloFin SLX-USDT	0.06644	0.0704	pay 0.0352% / 4h	1h 27m	$167K	$3K	25x
Short	KuCoin SLXUSDTM	0.06647	0.0126	get 0.0063% / 4h	1h 27m	$975K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$121.32
Price spread: +0.045% → −0.065%: $11.06
Slippage, 4 orders: −$736.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$870.89
Costs to cover: 7.606%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; KuCoin: live order book, 8 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 BloFin live order book, 9 min ago	1.50 bp	16.6 bp −$17	45.9 bp −$459	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	2.26 bp	487.1 bp −$487	995.2 bp −$9,952	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
SunX SLX-USDT	+0.0100%	4h	0.06667	+0.346%	$1K	$433K	20x	as long as short
KuCoin SLXUSDTMshort	+0.0126%	4h	0.06647	+0.045%	$975K	$1.6M	20x
OKX SLX-USDT-SWAP	+0.0356%	4h	0.06650	+0.090%	$1.8M	$1.7M	20x	as long as short
Bitget SLXUSDT	+0.0384%	4h	0.06653	+0.135%	$1.0M	$275K	20x	as long as short
Gate SLX_USDT	+0.0498%	4h	0.06652	+0.120%	$305K	$687K	25x	as long as short
BloFin SLX-USDTlong	+0.0704%	4h	0.06644	long leg	$167K	$3K	25x
MEXC SLX_USDT	+0.0754%	4h	0.06640	−0.060%	$1.8M	$231K	20x	as long as short
Binance SLXUSDT	+0.0755%	4h	0.06650	+0.097%	$2.5M	$3.0M	25x	as long as short
Aster SLXUSDT	+0.0810%	4h	0.06652	+0.113%	$15K	$28K	10x	as long as short
BingX SLX-USDT	+0.1932%	4h	0.06648	+0.060%	—	$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	+0.1975%	4h	0.06631	−0.196%	$1.0M	$408K	20x	as long as short