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: MEXC against BingX−0.083%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$740.741% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.115%+$11 · spread now −0.083%, 7d avg +0.015%
Together, before fees+0.097%+$10 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: MEXC is 0.098% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SNX-USDT0.24040.0100pay 0.0100% / 8h6h 06m$2.3M
ShortMEXC SNX_USDT0.24020.0100get 0.0100% / 8h6h 06m$1.7M$700K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.083% → +0.015%
−$9.82
Slippage, 4 orders
−$60.14
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$83.95
Costs to cover
0.741%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; MEXC: 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 BingX live order book, 13 min ago4.15 bp26.3 bp −$2656.8 bp −$568531.4 bp −$53.1K916.0 bp −$458.0K
Sell MEXC live order book, 5 min ago2.08 bp12.7 bp −$1349.6 bp −$496155.1 bp −$15.5Kdoesn't fit

SNX on 14 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%1h0.2259−6.032%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2407+0.129%$443K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2402−0.092%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2403−0.042%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2403−0.042%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2405+0.042%$785K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2401−0.125%$240K$96K25xas long as short
MEXC SNX_USDTshort+0.0100%8h0.2402−0.083%$1.7M$700K100x
KuCoin SNXUSDTM+0.0100%8h0.2402−0.083%$723K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.24040.000%$1.1M$390K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDTlong+0.0100%8h0.2404long leg$2.3M
Variational Omni SNX+0.0100%8h0.2404+0.003%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2397−0.291%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2408+0.154%$144K$58K25xas long as short