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+0.0296%/8h= +32.4% APRnext payment +$1.48 per $10,000 · paid last 24h +0.065%
Price spread now: Bitget against KuCoin−0.074%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$859as in the Funding arb table
Net, price: spread back to 7d avg − costs−$894as in the Price arb table
costs, in and out, $10k−$8838.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$24 on $10k
Price spread, last 7 days+0.152%+$15 · spread now −0.074%, 7d avg +0.029%
Together, before fees+0.396%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.103% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.029%). If the spread goes back, that is −$10 on $10k: about 28 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.245% in total) that is about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SLXUSDTM0.067240.0160pay 0.0080% / 4h3h 24m$983K$1.6M20x
ShortBitget SLXUSDT0.067190.0456get 0.0228% / 4h3h 24m$1.0M$338K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$62.16
Price spread: −0.074% → +0.029%
−$10.31
Slippage, 4 orders
−$859.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$831.64
Costs to cover
8.835%
Break-even
100.7 days
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 1 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 ago3.72 bp399.0 bp −$3992360.4 bp −$23.6Kdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.21 bp35.7 bp −$36354.8 bp −$3,548doesn'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
SunX SLX-USDT+0.0100%4h0.06738+0.208%$1K$479K20xas long as short
KuCoin SLXUSDTMlong+0.0160%4h0.06724long leg$983K$1.6M20x
Gate SLX_USDT+0.0190%4h0.06723−0.015%$311K$737K25xas long as short
OKX SLX-USDT-SWAP+0.0348%4h0.06725+0.015%$1.8M$1.9M20xas long as short
Bybit SLXUSDT+0.0413%4h0.06709−0.223%$988K$472K20xas long as short
Bitget SLXUSDTshort+0.0456%4h0.06719−0.074%$1.0M$338K20x
Binance SLXUSDT+0.0740%4h0.06721−0.045%$2.5M$3.4M25xas long as short
MEXC SLX_USDT+0.0752%4h0.06720−0.059%$1.7M$237K20xas long as short
BloFin SLX-USDT+0.0759%4h0.06718−0.089%$170K$7K25xas long as short
Aster SLXUSDT+0.0866%4h0.06723−0.013%$16K$32K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDT+0.1030%4h0.06721−0.045%$1.7Mas long as short