SLX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h −0.120%

Price spread now: SunX against Gate+0.105%7-day average +0.204% · you sell dearer than you buy

Net, funding: paid 7d − costs−$710as in the Funding arb table

Net, price: spread back to 7d avg − costs−$697as in the Price arb table

costs, in and out, $10k−$6876.867% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 3 days (all we have)+0.080%+$8 · spread now +0.105%, 7d avg +0.204%

Together, before fees−0.148%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.099% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.204%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SLX_USDT	0.06658	0.0394	pay 0.0197% / 4h	2h 03m	$306K	$684K	25x
Short	SunX SLX-USDT	0.06665	0.0100	get 0.0050% / 4h	2h 03m	$797	$440K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$61.74
Price spread: +0.105% → +0.204%: −$9.93
Slippage, 4 orders: −$663.69
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$758.36
Costs to cover: 6.867%
Break-even: never at this rate

Slippage from Gate: live order book, 63 min ago; SunX: live order book, 37 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, 63 min ago	4.51 bp	214.0 bp −$214	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 37 min ago	92.35 bp	185.9 bp −$186	doesn't fit	doesn't fit	doesn't fit

SLX on 10 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
KuCoin SLXUSDTM	+0.0100%	4h	0.06655	−0.045%	$974K	$1.7M	20x	as long as short
SunX SLX-USDTshort	+0.0100%	4h	0.06665	+0.105%	$797	$440K	20x
Bitget SLXUSDT	+0.0206%	4h	0.06663	+0.075%	$1.0M	$290K	20x	as long as short
OKX SLX-USDT-SWAP	+0.0312%	4h	0.06657	−0.015%	$1.8M	$1.7M	20x	as long as short
Gate SLX_USDTlong	+0.0394%	4h	0.06658	long leg	$306K	$684K	25x
MEXC SLX_USDT	+0.0676%	4h	0.06650	−0.120%	$1.8M	$234K	20x	as long as short
Binance SLXUSDT	+0.0685%	4h	0.06658	+0.002%	$2.6M	$3.0M	25x	as long as short
Aster SLXUSDT	+0.0746%	4h	0.06661	+0.045%	$15K	$28K	10x	as long as short
BingX SLX-USDT	+0.1956%	4h	0.06651	−0.105%	—	$1.7M	—	as long as short
Bybit SLXUSDT	+0.2119%	4h	0.06636	−0.330%	$968K	$384K	20x	as long as short