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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.43 per $10,000 · paid last 24h +0.154%
Price spread now: OKX against KuCoin−0.060%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$694as in the Funding arb table
Net, price: spread back to 7d avg − costs−$764as in the Price arb table
costs, in and out, $10k−$7517.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.570%+$57 on $10k
Price spread, last 7 days+0.144%+$14 · spread now −0.060%, 7d avg +0.066%
Together, before fees+0.713%+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.126% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.066%). If the spread goes back, that is −$13 on $10k: about 4.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.570% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SLXUSDTM0.066490.0100pay 0.0050% / 4h1h 23m$973K$1.7M20x
ShortOKX SLX-USDT-SWAP0.066450.0185get 0.0093% / 4h1h 23m$1.8M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$17.91
Price spread: −0.060% → +0.066%
−$12.6
Slippage, 4 orders
−$729.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$745.91
Costs to cover
7.512%
Break-even
298.5 days
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 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 bp237.4 bp −$2372418.1 bp −$24.2Kdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.50 bp18.6 bp −$19doesn't fitdoesn'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%4h0.06646−0.045%$313K$626K25xas long as short
KuCoin SLXUSDTMlong+0.0100%4h0.06649long leg$973K$1.7M20x
Bitget SLXUSDT+0.0100%4h0.06651+0.030%$1.0M$366K20xas long as short
SunX SLX-USDT+0.0100%4h0.06658+0.135%$953$409K20xas long as short
OKX SLX-USDT-SWAPshort+0.0185%4h0.06645−0.060%$1.8M$1.8M20x
BloFin SLX-USDT+0.0457%4h0.066490.000%$169K$3K25xas long as short
Binance SLXUSDT+0.0478%4h0.06647−0.030%$2.5M$2.9M25xas long as short
MEXC SLX_USDT+0.0490%4h0.06640−0.135%$2.0M$207K20xas long as short
Aster SLXUSDT+0.0520%4h0.06643−0.094%$16K$21K10xas long as short
BingX SLX-USDT+0.3012%4h0.06639−0.150%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDT+0.3270%4h0.06620−0.436%$960K$339K20xas long as short