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−0.0012%/8h= −1.3% APRnext payment $0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.015%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.015%, 7d avg +0.058%
Together, before fees+0.015%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SLX_USDT0.067200.0752pay 0.0376% / 4h3h 24m$1.7M$237K20x
ShortBinance SLXUSDT0.067210.0740get 0.0370% / 4h3h 24m$2.5M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
−$2.45
Price spread: +0.015% → +0.058%
−$4.35
Slippage, 4 orders
−$60.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.99
Costs to cover
0.742%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 11 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 MEXC live order book, 2 min ago14.88 bp16.9 bp −$1755.7 bp −$557292.4 bp −$29.2Kdoesn't fit
Sell Binance live order book, 11 min ago2.21 bp19.7 bp −$2095.4 bp −$954doesn'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+0.268%$1K$479K20xas long as short
KuCoin SLXUSDTM+0.0160%4h0.06724+0.060%$983K$1.6M20xas long as short
Gate SLX_USDT+0.0190%4h0.06723+0.045%$311K$737K25xas long as short
OKX SLX-USDT-SWAP+0.0348%4h0.06725+0.074%$1.8M$1.9M20xas long as short
Bybit SLXUSDT+0.0413%4h0.06709−0.164%$988K$472K20xas long as short
Bitget SLXUSDT+0.0456%4h0.06719−0.015%$1.0M$338K20xas long as short
Binance SLXUSDTshort+0.0740%4h0.06721+0.015%$2.5M$3.4M25x
MEXC SLX_USDTlong+0.0752%4h0.06720long leg$1.7M$237K20x
BloFin SLX-USDT+0.0759%4h0.06718−0.030%$170K$7K25xas long as short
Aster SLXUSDT+0.0866%4h0.06723+0.047%$16K$32K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDT+0.1030%4h0.06721+0.015%$1.7Mas long as short