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: MEXC against Bybit+0.042%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$980.980% 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+0.030%+$3 · spread now +0.042%, 7d avg +0.061%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNXUSDT0.23960.0100pay 0.0100% / 8h6h 50m$1.6M$1.3M75x
ShortMEXC SNX_USDT0.23970.0100get 0.0100% / 8h6h 50m$1.7M$692K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.042% → +0.061%
−$1.89
Slippage, 4 orders
−$83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$99.89
Costs to cover
0.980%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago4.18 bp38.6 bp −$39372.9 bp −$3,729doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.09 bp13.9 bp −$1448.7 bp −$487121.9 bp −$12.2Kdoesn'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%1h0.2250−6.093%$23K$29K12xas long as short
BloFin SNX-USDT+0.0088%8h0.2391−0.209%$149K$68K75xas long as short
Hyperliquid SNX+0.0100%1h0.2399+0.142%$442K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2396+0.012%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2397+0.045%$2.8M$4.0M75xas long as short
Bybit SNXUSDTlong+0.0100%8h0.2396long leg$1.6M$1.3M75x
OKX SNX-USDT-SWAP+0.0100%8h0.2397+0.042%$775K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2394−0.083%$239K$94K25xas long as short
MEXC SNX_USDTshort+0.0100%8h0.2397+0.042%$1.7M$692K100x
KuCoin SNXUSDTM+0.0100%8h0.2395−0.042%$725K$2.1M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.23960.000%$1.1M$400K50xas long as short
BingX SNX-USDT+0.0100%8h0.2395−0.042%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2393−0.141%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2393−0.125%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2398+0.064%$144K$58K25xas long as short