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: Gate against Bybit−0.126%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2432.430% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.394%+$39 · spread now −0.126%, 7d avg −0.013%
Together, before fees+0.394%+$39 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: Gate is 0.114% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNXUSDT0.23780.0100pay 0.0100% / 8h4h 30m$1.6M$1.3M75x
ShortGate SNX_USDT0.23750.0100get 0.0100% / 8h4h 30m$239K$95K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.126% → −0.013%
−$11.36
Slippage, 4 orders
−$217.03
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$254.39
Costs to cover
2.430%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 21 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, 1 min ago4.21 bp47.0 bp −$47426.7 bp −$4,267doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago4.25 bp88.1 bp −$88276.5 bp −$2,765doesn'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%1h0.2234−6.056%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2380+0.076%$434K$155K3xas long as short
Aster SNXUSDT+0.0100%8h0.2378−0.008%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2377−0.042%$2.9M$4.1M75xas long as short
Bybit SNXUSDTlong+0.0100%8h0.2378long leg$1.6M$1.3M75x
OKX SNX-USDT-SWAP+0.0100%8h0.2377−0.042%$847K$1.3M20xas long as short
Gate SNX_USDTshort+0.0100%8h0.2375−0.126%$239K$95K25x
MEXC SNX_USDT+0.0100%8h0.2376−0.084%$1.7M$717K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2376−0.084%$669K$2.0M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2377−0.042%$1.1M$395K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2377−0.042%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2375−0.123%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2367−0.463%$2K$1.4M20xas long as short
BloFin SNX-USDT+0.0125%8h0.2373−0.210%$153K$68K75xas long as short
Kraken Futures PF_SNXUSD+0.0355%1h0.2375−0.107%$142K$60K25xas long as short