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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.042%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1761.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.093%+$9 · spread now +0.042%, 7d avg +0.081%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.039% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SNX-USDT0.23940.0100pay 0.0100% / 8h6h 48m$2.3M
ShortKuCoin SNXUSDTM0.23950.0100get 0.0100% / 8h6h 48m$726K$2.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
$0
Price spread: +0.042% → +0.081%
−$3.94
Slippage, 4 orders
−$153.58
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$179.53
Costs to cover
1.756%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; KuCoin: 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 BingX live order book, 14 min ago6.26 bp24.4 bp −$2457.8 bp −$578569.8 bp −$57.0K1038.2 bp −$519.1K
Sell KuCoin live order book, 3 min ago8.35 bp57.6 bp −$58132.2 bp −$1,322doesn't fitdoesn't fit

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 PERP−0.5000%1h0.2254−5.848%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2399+0.205%$442K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2395+0.061%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2397+0.125%$2.8M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2395+0.042%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2395+0.042%$775K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.23940.000%$239K$94K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2397+0.125%$1.7M$692K100xas long as short
KuCoin SNXUSDTMshort+0.0100%8h0.2395+0.042%$726K$2.1M30x
Bitget SNXUSDT+0.0100%8h0.2395+0.042%$1.1M$400K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDTlong+0.0100%8h0.2394long leg$2.3M
Variational Omni SNX+0.0100%8h0.2393−0.057%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2391−0.125%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0110%1h0.2396+0.101%$144K$58K25xas long as short
BloFin SNX-USDT+0.0114%8h0.2391−0.125%$148K$68K75xas long as short