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: OKX against Bitget−0.083%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days−0.036%−$4 · spread now −0.083%, 7d avg −0.026%
Together, before fees−0.126%−$13 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: OKX is 0.057% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXUSDT0.24070.0100pay 0.0100% / 8h7h 41m$1.1M$396K50x
ShortOKX SNX-USDT-SWAP0.24050.0100get 0.0100% / 8h7h 41m$778K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.083% → −0.026%
−$5.74
Slippage, 4 orders
−$86.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$114.31
Costs to cover
1.086%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: 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 Bitget live order book, 5 min ago2.07 bp29.5 bp −$3090.7 bp −$907doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.08 bp30.4 bp −$30doesn't fitdoesn'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%1h0.2261−6.066%$23K$29K12xas long as short
Kraken Futures PF_SNXUSD−0.0340%1h0.2408+0.059%$145K$58K25xas long as short
BloFin SNX-USDT+0.0088%8h0.2408+0.042%$149K$61K75xas long as short
Hyperliquid SNX+0.0100%1h0.2407−0.008%$446K$150K3xas long as short
Aster SNXUSDT+0.0100%8h0.2406−0.038%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2404−0.110%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2406−0.042%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAPshort+0.0100%8h0.2405−0.083%$778K$1.1M20x
Gate SNX_USDT+0.0100%8h0.2404−0.125%$240K$97K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2405−0.083%$1.8M$684K100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNXUSDTM+0.0100%8h0.24070.000%$727K$2.1M30xas long as short
Bitget SNXUSDTlong+0.0100%8h0.2407long leg$1.1M$396K50x
BingX SNX-USDT+0.0100%8h0.2405−0.083%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2409+0.088%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2396−0.457%$2K$1.4M20xas long as short