Settings8H · net · $10k
Funding arb · Price arb /

SLX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0327%/8h= +35.8% APRnext payment +$1.64 per $10,000 · paid last 24h +0.161%
Price spread now: Binance against KuCoin+0.090%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$738as in the Price arb table
costs, in and out, $10k−$7417.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.090%, 7d avg +0.056%
Together, before fees+0.377%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SLXUSDTM0.066410.0100pay 0.0050% / 4h1h 03m$970K$1.7M20x
ShortBinance SLXUSDT0.066470.0427get 0.0214% / 4h1h 03m$2.5M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$68.69
Price spread: +0.090% → +0.056%
$3.48
Slippage, 4 orders
−$719.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$669.31
Costs to cover
7.415%
Break-even
75.2 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 2 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 KuCoin live order book, 2 min ago2.26 bp294.1 bp −$2942551.3 bp −$25.5Kdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.75 bp17.7 bp −$1867.4 bp −$674doesn'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%4h0.06645+0.060%$312K$632K25xas long as short
KuCoin SLXUSDTMlong+0.0100%4h0.06641long leg$970K$1.7M20x
Bitget SLXUSDT+0.0100%4h0.06639−0.030%$1.0M$363K20xas long as short
SunX SLX-USDT+0.0100%4h0.06655+0.211%$1K$418K20xas long as short
OKX SLX-USDT-SWAP+0.0209%4h0.06649+0.120%$1.8M$1.8M20xas long as short
MEXC SLX_USDT+0.0416%4h0.06640−0.015%$2.0M$208K20xas long as short
Binance SLXUSDTshort+0.0427%4h0.06647+0.090%$2.5M$2.9M25x
BloFin SLX-USDT+0.0440%4h0.06634−0.105%$167K$3K25xas long as short
Aster SLXUSDT+0.0483%4h0.06636−0.075%$15K$26K10xas long as short
BingX SLX-USDT+0.3056%4h0.06639−0.030%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3409%4h0.06618−0.346%$958K$347K20xas long as short