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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin+0.084%96s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.084%, 7d avg +0.006%
Together, before fees−0.205%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.079% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNX-USDT0.23730.0089pay 0.0089% / 8h4h 27m$153K$68K75x
ShortBingX SNX-USDT0.23750.0100get 0.0100% / 8h4h 27m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$2.41
Price spread: +0.084% → +0.006%
$7.87
Slippage, 4 orders
−$70.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$82.3
Costs to cover
0.926%
Break-even
245.7 days
Slippage from BloFin: live order book, 64 min ago; BingX: live order book, 6 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 BloFin live order book, 64 min ago4.17 bp19.1 bp −$1946.3 bp −$463doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago4.22 bp22.5 bp −$2266.6 bp −$666610.2 bp −$61.0K1264.6 bp −$632.3K

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%1h0.2235−5.815%$23K$29K12xas long as short
BloFin SNX-USDTlong+0.0089%8h0.2373long leg$153K$68K75x
Hyperliquid SNX+0.0100%1h0.2375+0.076%$433K$155K3xas long as short
Aster SNXUSDT+0.0100%8h0.2374+0.061%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2372−0.039%$2.9M$4.2M75xas long as short
Bybit SNXUSDT+0.0100%8h0.23730.000%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2372−0.042%$846K$1.3M20xas long as short
Gate SNX_USDT+0.0100%8h0.2374+0.042%$239K$96K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2372−0.042%$1.7M$717K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2374+0.042%$670K$2.0M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.2375+0.084%$1.1M$394K50xas long as short
BingX SNX-USDTshort+0.0100%8h0.2375+0.084%$2.3M
Variational Omni SNX+0.0100%8h0.2375+0.088%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2364−0.379%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0355%1h0.2373+0.013%$142K$60K25xas long as short