SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0631%/8h= −69.1% APRnext payment −$3.15 per $10,000 · paid last 24h −0.192%

Price spread now: SunX against BloFin+0.163%55s7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$298as 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−$2592.593% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.391%−$39 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.163%, 7d avg +0.128%

Together, before fees−0.436%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.035% dearer against BloFin than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.128%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.391% in total) that is about 15 hours. The two prices were read 55 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 -0.391% in total (about -20.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.15 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	0.06752	0.0731	pay 0.0365% / 4h	3h 19m	$169K	$7K	25x
Short	SunX SLX-USDT	0.06763	0.0100	get 0.0050% / 4h	3h 19m	$953	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$132.5
Price spread: +0.163% → +0.128%: $3.46
Slippage, 4 orders: −$239.25
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$388.29
Costs to cover: 2.593%
Break-even: never at this rate

Slippage from BloFin: live order book, 70 min ago; SunX: live order book, 61 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, 70 min ago	2.26 bp	15.1 bp −$15	47.2 bp −$472	doesn't fit	doesn't fit
Sell SunX live order book, 61 min ago	56.95 bp	150.6 bp −$151	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
SunX SLX-USDTshort	+0.0100%	4h	0.06763	+0.163%	$953	$480K	20x
Gate SLX_USDT	+0.0162%	4h	0.06739	−0.193%	$311K	$739K	25x	as long as short
KuCoin SLXUSDTM	+0.0164%	4h	0.06749	−0.044%	$988K	$1.6M	20x	as long as short
Bybit SLXUSDT	+0.0210%	4h	0.06728	−0.355%	$990K	$473K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0342%	4h	0.06742	−0.148%	$1.8M	$1.9M	20x	as long as short
Bitget SLXUSDT	+0.0452%	4h	0.06743	−0.133%	$1.0M	$339K	20x	as long as short
BingX SLX-USDT	+0.0704%	4h	0.06737	−0.222%	—	$1.7M	—	as long as short
Binance SLXUSDT	+0.0714%	4h	0.06741	−0.163%	$2.6M	$3.4M	25x	as long as short
MEXC SLX_USDT	+0.0718%	4h	0.06740	−0.178%	$1.7M	$237K	20x	as long as short
BloFin SLX-USDTlong	+0.0731%	4h	0.06752	long leg	$169K	$7K	25x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SLXUSDT	+0.0858%	4h	0.06749	−0.044%	$16K	$32K	10x	as long as short