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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.839%
Price spread now: BingX against KuCoin−0.044%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$417as in the Price arb table
costs, in and out, $10k−$4104.097% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.260%+$126 on $10k
Price spread, last 7 days+0.065%+$7 · spread now −0.044%, 7d avg +0.027%
Together, before fees+1.325%+$133 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.027%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SLXUSDTM0.067950.0100pay 0.0050% / 4h1h 45m$1.0M$1.6M20x
ShortBingX SLX-USDT0.067920.0542get 0.0271% / 4h1h 45m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$92.82
Price spread: −0.044% → +0.027%
−$7.16
Slippage, 4 orders
−$387.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$324.01
Costs to cover
4.097%
Break-even
31.4 days
Slippage from KuCoin: live order book, 1 min ago; BingX: 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, 1 min ago2.21 bp154.8 bp −$1552163.7 bp −$21.6Kdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.42 bp27.1 bp −$27118.1 bp −$1,1811212.4 bp −$121.2Kdoesn'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
OKX SLX-USDT-SWAP+0.0100%4h0.06805+0.147%$1.8M$2.1M20xas long as short
Gate SLX_USDT+0.0100%4h0.067950.000%$308K$755K25xas long as short
KuCoin SLXUSDTMlong+0.0100%4h0.06795long leg$1.0M$1.6M20x
Bitget SLXUSDT+0.0100%4h0.06790−0.074%$1.0M$360K20xas long as short
SunX SLX-USDT+0.0100%4h0.06804+0.132%$989$522K20xas long as short
BloFin SLX-USDT+0.0184%4h0.06800+0.074%$169K$8K25xas long as short
Binance SLXUSDT+0.0232%4h0.06802+0.104%$2.6M$3.8M25xas long as short
MEXC SLX_USDT+0.0242%4h0.06790−0.074%$1.9M$255K20xas long as short
Aster SLXUSDT+0.0442%4h0.06792−0.044%$18K$34K10xas long as short
Bybit SLXUSDT+0.0519%4h0.06781−0.206%$1.0M$582K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDTshort+0.0542%4h0.06792−0.044%$1.7M