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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.128%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1841.838% 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+0.185%+$18 · spread now −0.128%, 7d avg +0.046%
Together, before fees+0.185%+$18 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 0.173% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXUSDT0.23520.0100pay 0.0100% / 8h6h 21m$1.1M$365K50x
ShortKuCoin SNXUSDTM0.23490.0100get 0.0100% / 8h6h 21m$668K$1.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.128% → +0.046%
−$17.32
Slippage, 4 orders
−$159.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$201.07
Costs to cover
1.838%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago2.13 bp23.2 bp −$2375.2 bp −$752doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.13 bp61.4 bp −$61121.6 bp −$1,216doesn't fitdoesn't fit

SNX on 15 exchanges

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%1h0.2355+0.128%$23K$30K12xas long as short
BloFin SNX-USDT+0.0093%8h0.2347−0.213%$152K$67K75xas long as short
Hyperliquid SNX+0.0100%1h0.2353+0.034%$433K$138K3xas long as short
Aster SNXUSDT+0.0100%8h0.2350−0.071%$4K$2K5xas long as short
Binance SNXUSDT+0.0100%8h0.2351−0.043%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2351−0.043%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2350−0.085%$846K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2348−0.170%$235K$78K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2350−0.085%$1.7M$658K100xas long as short
KuCoin SNXUSDTMshort+0.0100%8h0.2349−0.128%$668K$1.6M30x
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDTlong+0.0100%8h0.2352long leg$1.1M$365K50x
BingX SNX-USDT+0.0100%8h0.2348−0.170%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2345−0.318%$12K$3Kas long as short
SunX SNX-USDT+0.0100%8h0.2343−0.383%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0981%1h0.2353+0.037%$142K$61K25xas long as short