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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.352%
Price spread now: Injective against Aster−6.170%77s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$153 a day on $10k at the current rate, and Injective is 6.170% cheaper against Aster than usual: you would sell low and buy high (−$617 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNXUSDT0.24020.0100pay 0.0100% / 8h5h 42m$4K$3K5x
ShortInjective SNX/USDC PERP0.2254−0.5000pay 0.0625% / 1h42m 09s$23K$29K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
−$1,071
Price spread: −6.170% → 0.000%
−$616.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,696
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Injective: no order-book sample. 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 Aster no order-book sample
Sell Injective no order-book sample
Aster and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNX on 15 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
Injective SNX/USDC PERPshort−0.5000%1h0.2254−6.170%$23K$29K12x
Kraken Futures PF_SNXUSD+0.0081%1h0.2401−0.035%$144K$59K25xas long as short
BloFin SNX-USDT+0.0088%8h0.2403+0.033%$151K$69K75xas long as short
Hyperliquid SNX+0.0100%1h0.2402−0.017%$442K$152K3xas long as short
Aster SNXUSDTlong+0.0100%8h0.2402long leg$4K$3K5x
Binance SNXUSDT+0.0100%8h0.2400−0.097%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2401−0.050%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2398−0.175%$799K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2398−0.175%$240K$93K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2401−0.050%$1.7M$694K100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNXUSDTM+0.0100%8h0.2402−0.009%$722K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2401−0.050%$1.1M$389K50xas long as short
BingX SNX-USDT+0.0100%8h0.2401−0.050%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2395−0.297%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2394−0.342%$2K$1.4M20xas long as short