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 Bitget+0.042%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$810.808% 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−0.128%−$13 · spread now +0.042%, 7d avg −0.021%
Together, before fees−0.146%−$15 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 0.063% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXUSDT0.23830.0100pay 0.0100% / 8h6h 53m$1.1M$400K50x
ShortMEXC SNX_USDT0.23840.0100get 0.0100% / 8h6h 53m$1.7M$691K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.042% → −0.021%
$6.27
Slippage, 4 orders
−$64.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$74.51
Costs to cover
0.808%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 8 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 ago2.10 bp27.5 bp −$27104.2 bp −$1,042doesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago2.09 bp12.1 bp −$1240.8 bp −$408122.2 bp −$12.2Kdoesn'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%1h0.2237−6.127%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2388+0.227%$440K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2383−0.012%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2385+0.101%$2.8M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2382−0.042%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2388+0.210%$771K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2378−0.210%$238K$94K25xas long as short
MEXC SNX_USDTshort+0.0100%8h0.2384+0.042%$1.7M$691K100x
KuCoin SNXUSDTM+0.0100%8h0.2382−0.042%$724K$2.1M30xas long as short
Bitget SNXUSDTlong+0.0100%8h0.2383long leg$1.1M$400K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2381−0.084%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2378−0.225%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2374−0.378%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0110%1h0.2382−0.045%$143K$58K25xas long as short
BloFin SNX-USDT+0.0114%8h0.2380−0.126%$149K$68K75xas long as short