Settings8H · net · $10k
Funding arb · Price arb /

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.168%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.168%, 7d avg +0.046%
Together, before fees−0.010%−$1 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 0.213% cheaper against Gate than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SNX_USDT0.23860.0100pay 0.0100% / 8h29m 33s$238K$103K25x
ShortOKX SNX-USDT-SWAP0.23820.0100get 0.0100% / 8h29m 33s$766K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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: −0.168% → +0.046%
−$21.35
Slippage, 4 orders
−$167.99
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$214.34
Costs to cover
1.930%
Break-even
never at this rate
Slippage from Gate: live order book, 42 min ago; OKX: live order book, 2 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 Gate live order book, 42 min ago2.11 bp60.9 bp −$61163.6 bp −$1,636doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.10 bp24.5 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%1h0.2241−6.077%$23K$29K12xas long as short
BloFin SNX-USDT+0.0080%8h0.2382−0.168%$147K$49K75xas long as short
Hyperliquid SNX+0.0100%1h0.2384−0.088%$441K$150K3xas long as short
Aster SNXUSDT+0.0100%8h0.2383−0.117%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2383−0.135%$2.8M$3.9M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2382−0.168%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAPshort+0.0100%8h0.2382−0.168%$766K$1.1M20x
Gate SNX_USDTlong+0.0100%8h0.2386long leg$238K$103K25x
MEXC SNX_USDT+0.0100%8h0.2383−0.126%$1.8M$677K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2381−0.210%$705K$2.2M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.2382−0.168%$1.1M$389K50xas long as short
BingX SNX-USDT+0.0100%8h0.2382−0.168%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2382−0.179%$12K$6Kas long as short
SunX SNX-USDT+0.0100%8h0.2370−0.671%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0461%1h0.2382−0.188%$146K$53K25xas long as short