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

SLX

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.3526%/8h= +386.1% APRnext payment +$17.63 per $10,000 · paid last 24h +0.656%
Price spread now: Bybit against SunX−0.569%7-day average −0.300% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.884%+$88 on $10k
Price spread, last 3 days (all we have)+0.407%+$41 · spread now −0.569%, 7d avg −0.300%
Together, before fees+1.292%+$129 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.269% cheaper against SunX than usual: you would sell low and buy high (spread −0.569% now, against its 7-day average of −0.300%). If the spread goes back, that is −$27 on $10k: about 6 hours of funding at the current rate (+$106 a day). At the pace of the last 7 days (+0.884% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.884% in total (about 46.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$17.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SLX-USDT0.066800.0100pay 0.0050% / 4h49m 02s$1K$420K20x
ShortBybit SLXUSDT0.066420.3626get 0.1813% / 4h49m 02s$962K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$740.49
Price spread: −0.569% → −0.300%
−$26.89
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$694.6
Costs to cover
0.190%
Break-even
0.4 days
Slippage unknown: SunX: live order book, 12 min ago; Bybit: live order book, 26 min ago. Net counts fees only.

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, 12 min ago500.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 26 min ago3.78 bp98.1 bp −$98doesn'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%4h0.06670−0.150%$315K$632K25xas long as short
KuCoin SLXUSDTM+0.0100%4h0.06670−0.150%$974K$1.7M20xas long as short
Bitget SLXUSDT+0.0100%4h0.06671−0.135%$1.0M$361K20xas long as short
SunX SLX-USDTlong+0.0100%4h0.06680long leg$1K$420K20x
OKX SLX-USDT-SWAP+0.0275%4h0.06671−0.135%$1.8M$1.8M20xas long as short
BloFin SLX-USDT+0.0501%4h0.06668−0.180%$134K$3K25xas long as short
Binance SLXUSDT+0.0503%4h0.06669−0.165%$2.5M$2.9M25xas long as short
MEXC SLX_USDT+0.0504%4h0.06660−0.299%$2.0M$203K20xas long as short
Aster SLXUSDT+0.0571%4h0.06664−0.240%$15K$28K10xas long as short
BingX SLX-USDT+0.3338%4h0.06661−0.284%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SLXUSDTshort+0.3626%4h0.06642−0.569%$962K$348K20x