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+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now 0.000%, 7d avg +0.013%
Together, before fees−0.166%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNX-USDT0.23730.0076pay 0.0076% / 8h4h 25m$151K$68K75x
ShortOKX SNX-USDT-SWAP0.23730.0100get 0.0100% / 8h4h 25m$846K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$5
Price spread: 0.000% → +0.013%
−$1.33
Slippage, 4 orders
−$71.44
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$89.77
Costs to cover
0.934%
Break-even
132.8 days
Slippage from BloFin: live order book, 66 min ago; OKX: live order book, 1 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, 66 min ago4.17 bp19.1 bp −$1946.3 bp −$463doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago4.22 bp24.7 bp −$25doesn'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%1h0.2233−5.900%$23K$29K12xas long as short
BloFin SNX-USDTlong+0.0076%8h0.2373long leg$151K$68K75x
Hyperliquid SNX+0.0100%1h0.2377+0.164%$434K$155K3xas long as short
Aster SNXUSDT+0.0100%8h0.2371−0.080%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2374+0.022%$2.9M$4.2M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2372−0.042%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAPshort+0.0100%8h0.23730.000%$846K$1.3M20x
Gate SNX_USDT+0.0100%8h0.2370−0.126%$238K$96K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2372−0.042%$1.7M$717K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.23730.000%$668K$2.0M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.23730.000%$1.1M$394K50xas long as short
BingX SNX-USDT+0.0100%8h0.2372−0.042%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2371−0.103%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2366−0.295%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0355%1h0.2376+0.119%$142K$60K25xas long as short