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: Bybit against Bitget−0.085%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1481.479% 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−0.125%−$13 · spread now −0.085%, 7d avg −0.075%
Together, before fees−0.125%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXUSDT0.23550.0100pay 0.0100% / 8h24m 26s$1.1M$372K50x
ShortBybit SNXUSDT0.23530.0100get 0.0100% / 8h24m 26s$1.6M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.085% → −0.075%
−$1.01
Slippage, 4 orders
−$124.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$148.93
Costs to cover
1.479%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 7 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 Bitget live order book, 2 min ago2.12 bp25.0 bp −$2592.7 bp −$927doesn't fitdoesn't fit
Sell Bybit live order book, 7 min ago4.24 bp46.6 bp −$47344.5 bp −$3,445doesn'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%1h0.2370+0.637%$24K$30K12xas long as short
BloFin SNX-USDT+0.0087%8h0.2353−0.085%$154K$68K75xas long as short
Hyperliquid SNX+0.0100%1h0.2357+0.076%$431K$155K3xas long as short
Aster SNXUSDT+0.0100%8h0.2355+0.009%$4K$2K5xas long as short
Binance SNXUSDT+0.0100%8h0.2354−0.037%$2.9M$4.3M75xas long as short
Bybit SNXUSDTshort+0.0100%8h0.2353−0.085%$1.6M$1.4M75x
OKX SNX-USDT-SWAP+0.0100%8h0.2353−0.085%$844K$1.2M20xas long as short
Gate SNX_USDT+0.0100%8h0.2353−0.085%$235K$89K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2354−0.042%$1.6M$696K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2354−0.042%$671K$1.9M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDTlong+0.0100%8h0.2355long leg$1.1M$372K50x
BingX SNX-USDT+0.0100%8h0.23550.000%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2353−0.082%$12K$3Kas long as short
SunX SNX-USDT+0.0100%8h0.2348−0.297%$2K$1.5M20xas long as short
Kraken Futures PF_SNXUSD+0.0851%1h0.2356+0.045%$142K$64K25xas long as short