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: OKX against Bybit−0.083%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days+0.123%+$12 · spread now −0.083%, 7d avg +0.056%
Together, before fees+0.032%+$3 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: OKX is 0.139% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNXUSDT0.24020.0100pay 0.0100% / 8h7h 38m$1.6M$1.3M75x
ShortOKX SNX-USDT-SWAP0.24000.0100get 0.0100% / 8h7h 38m$776K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.083% → +0.056%
−$13.91
Slippage, 4 orders
−$112.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$147.67
Costs to cover
1.338%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 3 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 ago2.08 bp40.6 bp −$41383.8 bp −$3,838doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.08 bp26.0 bp −$26doesn'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%1h0.2262−5.828%$23K$29K12xas long as short
Kraken Futures PF_SNXUSD−0.0340%1h0.2403+0.041%$144K$58K25xas long as short
Hyperliquid SNX+0.0100%1h0.2402+0.021%$445K$148K3xas long as short
Aster SNXUSDT+0.0100%8h0.2402+0.020%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2400−0.083%$2.9M$4.0M75xas long as short
Bybit SNXUSDTlong+0.0100%8h0.2402long leg$1.6M$1.3M75x
OKX SNX-USDT-SWAPshort+0.0100%8h0.2400−0.083%$776K$1.1M20x
Gate SNX_USDT+0.0100%8h0.24020.000%$240K$97K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2401−0.042%$1.8M$689K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2403+0.042%$730K$2.1M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.2401−0.042%$1.1M$395K50xas long as short
BingX SNX-USDT+0.0100%8h0.24020.000%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2405+0.109%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2393−0.375%$2K$1.4M20xas long as short
BloFin SNX-USDT+0.0124%8h0.2401−0.042%$149K$61K75xas long as short