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: Binance against Bybit+0.048%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.150% 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+0.025%+$3 · spread now +0.048%, 7d avg +0.059%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNXUSDT0.23090.0100pay 0.0100% / 8h4h 52m$1.6M$1.3M75x
ShortBinance SNXUSDT0.23100.0100get 0.0100% / 8h4h 52m$2.9M$4.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.048% → +0.059%
−$1.11
Slippage, 4 orders
−$94.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$116.12
Costs to cover
1.150%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 7 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 Bybit live order book, 2 min ago2.16 bp42.9 bp −$43311.4 bp −$3,114doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.16 bp20.6 bp −$2174.8 bp −$748doesn'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+0.0033%1h0.2355+1.992%$23K$30K12xas long as short
Hyperliquid SNX+0.0100%1h0.2311+0.100%$425K$137K3xas long as short
Aster SNXUSDT+0.0100%8h0.2311+0.087%$4K$2K5xas long as short
Binance SNXUSDTshort+0.0100%8h0.2310+0.048%$2.9M$4.0M75x
Bybit SNXUSDTlong+0.0100%8h0.2309long leg$1.6M$1.3M75x
OKX SNX-USDT-SWAP+0.0100%8h0.23090.000%$823K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.23090.000%$230K$76K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2310+0.043%$1.8M$643K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.23090.000%$646K$1.5M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2311+0.087%$1.1M$358K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.23090.000%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2311+0.082%$12K$3Kas long as short
SunX SNX-USDT+0.0100%8h0.2303−0.260%$2K$1.5M20xas long as short
BloFin SNX-USDT+0.0116%8h0.2313+0.173%$151K$65K75xas long as short
Kraken Futures PF_SNXUSD+0.0745%1h0.2310+0.051%$137K$65K25xas long as short