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

SLX

all SLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1271%/8h= +139.2% APRnext payment +$6.35 per $10,000 · paid last 24h +0.749%
Price spread now: BingX against SunX−0.102%7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$3013.012% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.313%+$131 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.102%, 7d avg −0.199%
Together, before fees+1.477%+$148 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and BingX is 0.097% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.199%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SLX-USDT0.068390.0100pay 0.0050% / 4h3h 03m$1K$523K20x
ShortBingX SLX-USDT0.068320.1371get 0.0685% / 4h3h 03m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
$266.87
Price spread: −0.102% → −0.199%
$9.69
Slippage, 4 orders
−$283.21
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$24.66
Costs to cover
3.012%
Break-even
7.6 days
Slippage from SunX: live order book, 38 min ago; BingX: live order book, 5 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 SunX live order book, 38 min ago57.28 bp90.3 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago3.67 bp25.3 bp −$25119.3 bp −$1,1931267.0 bp −$126.7Kdoesn'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
KuCoin SLXUSDTM+0.0100%4h0.06836−0.044%$1.0M$1.6M20xas long as short
SunX SLX-USDTlong+0.0100%4h0.06839long leg$1K$523K20x
Bitget SLXUSDT+0.0124%4h0.06844+0.073%$1.1M$389K20xas long as short
OKX SLX-USDT-SWAP+0.0216%4h0.06834−0.073%$1.8M$2.1M20xas long as short
MEXC SLX_USDT+0.0400%4h0.06830−0.132%$1.8M$275K20xas long as short
Binance SLXUSDT+0.0411%4h0.06843+0.054%$2.6M$3.7M25xas long as short
BloFin SLX-USDT+0.0413%4h0.06844+0.073%$168K$8K25xas long as short
Gate SLX_USDT+0.0434%4h0.06830−0.132%$325K$788K25xas long as short
Aster SLXUSDT+0.0786%4h0.06836−0.044%$19K$35K10xas long as short
Bybit SLXUSDT+0.1208%4h0.06821−0.263%$1.0M$616K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SLX-USDTshort+0.1371%4h0.06832−0.102%$1.7M