SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3160%/8h= +346.0% APRnext payment +$15.80 per $10,000 · paid last 24h +0.547%

Price spread now: BingX against Gate−0.120%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$679as in the Funding arb table

Net, price: spread back to 7d avg − costs−$777as in the Price arb table

costs, in and out, $10k−$7637.625% of the position

Long on Gate Short on BingX

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)+0.191%+$19 · spread now −0.120%, 7d avg +0.021%

Together, before fees+1.023%+$102 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.141% cheaper against Gate than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.021%). If the spread goes back, that is −$14 on $10k: about 4 hours of funding at the current rate (+$95 a day). At the pace of the last 7 days (+0.832% in total) that is about 28 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 +$15.80 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	Gate SLX_USDT	0.06677	0.0100	pay 0.0050% / 4h	2h 23m	$316K	$614K	25x
Short	BingX SLX-USDT	0.06669	0.3260	get 0.1630% / 4h	2h 23m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.120%Rate

Funding earned: $663.6
Price spread: −0.120% → +0.021%: −$14.05
Slippage, 4 orders: −$737.52
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$112.97
Costs to cover: 7.625%
Break-even: 8.2 days

Slippage from Gate: live order book, 62 min ago; BingX: live order book, 4 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 Gate live order book, 62 min ago	6.06 bp	317.4 bp −$317	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	5.26 bp	20.5 bp −$20	63.1 bp −$631	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_USDTlong	+0.0100%	4h	0.06677	long leg	$316K	$614K	25x
KuCoin SLXUSDTM	+0.0100%	4h	0.06678	+0.015%	$982K	$1.7M	20x	as long as short
SunX SLX-USDT	+0.0100%	4h	0.06698	+0.315%	$1K	$402K	20x	as long as short
Bitget SLXUSDT	+0.0174%	4h	0.06673	−0.060%	$1.0M	$371K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0271%	4h	0.06675	−0.030%	$1.8M	$1.8M	20x	as long as short
MEXC SLX_USDT	+0.0538%	4h	0.06670	−0.105%	$2.0M	$207K	20x	as long as short
Binance SLXUSDT	+0.0538%	4h	0.06678	+0.021%	$2.6M	$2.8M	25x	as long as short
BloFin SLX-USDT	+0.0584%	4h	0.06683	+0.090%	$170K	$3K	25x	as long as short
Aster SLXUSDT	+0.0613%	4h	0.06666	−0.169%	$17K	$21K	10x	as long as short
BingX SLX-USDTshort	+0.3260%	4h	0.06669	−0.120%	—	$1.7M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SLXUSDT	+0.3510%	4h	0.06650	−0.404%	$956K	$322K	20x	as long as short