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Funding arb · Price arb /

SLX

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h +0.008%
Price spread now: BingX against Bybit+0.332%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$432as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4474.475% of the position
Long on BybitShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.332%, 7d avg +0.100%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.232% dearer against Bybit than usual: you sell high and buy low (spread +0.332% now, against its 7-day average of +0.100%): +$23 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.13 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
LongBybit SLXUSDT0.066180.3238pay 0.1619% / 4h1h 25m$959K$338K20x
ShortBingX SLX-USDT0.066400.3012get 0.1506% / 4h1h 25m—$1.7M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
−$47.36
Price spread: +0.332% → +0.100%
$23.2
Slippage, 4 orders
−$426.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$471.62
Costs to cover
4.475%
Break-even
never at this rate
Slippage from Bybit: live order book, 54 min ago; BingX: live order book, 7 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 Bybit live order book, 54 min ago0.75 bp201.1 bp −$201doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago3.76 bp20.3 bp −$2065.7 bp −$657doesn'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
Gate SLX_USDT+0.0100%4h0.06644+0.393%$313K$625K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06647+0.438%$974K$1.7M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06651+0.499%$1.0M$366K20xas long as short
SunX SLX-USDT+0.0100%4h0.06655+0.559%$953$409K20xas long as short
OKX SLX-USDT-SWAP+0.0183%4h0.06644+0.393%$1.8M$1.8M20xas long as short
BloFin SLX-USDT+0.0443%4h0.06649+0.468%$168K$3K25xas long as short
MEXC SLX_USDT+0.0490%4h0.06640+0.332%$2.0M$207K20xas long as short
Binance SLXUSDT+0.0490%4h0.06645+0.408%$2.5M$2.9M25xas long as short
Aster SLXUSDT+0.0528%4h0.06644+0.397%$16K$21K10xas long as short
BingX SLX-USDTshort+0.3012%4h0.06640+0.332%—$1.7M—
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDTlong+0.3238%4h0.06618long leg$959K$338K20x