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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.033%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.594%+$59 · spread now −0.033%, 7d avg −0.039%
Together, before fees+0.596%+ Points / potential airdropHyperliquid: Season 2 · farm board+$60 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SNX0.24020.0100pay 0.0013% / 1h42m 10s$442K$152K3x
ShortBitget SNXUSDT0.24010.0100get 0.0100% / 8h5h 42m$1.1M$389K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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: −0.033% → −0.039%
$0.61
Slippage, 4 orders
−$73.22
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.62
Costs to cover
0.942%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 58 min ago; Bitget: live order book, 4 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 Hyperliquid live order book, 58 min ago3.35 bp19.3 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.18 bp22.9 bp −$2381.1 bp −$811doesn'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%1h0.2254−6.154%$23K$29K12xas long as short
Kraken Futures PF_SNXUSD+0.0081%1h0.2401−0.017%$144K$59K25xas long as short
BloFin SNX-USDT+0.0088%8h0.2403+0.050%$151K$69K75xas long as short
Hyperliquid SNXlong+0.0100%1h0.2402long leg$442K$152K3x
Aster SNXUSDT+0.0100%8h0.2402+0.017%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2400−0.080%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2401−0.033%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2398−0.158%$799K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2398−0.158%$240K$93K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2401−0.033%$1.7M$694K100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNXUSDTM+0.0100%8h0.2402+0.008%$722K$2.1M30xas long as short
Bitget SNXUSDTshort+0.0100%8h0.2401−0.033%$1.1M$389K50x
BingX SNX-USDT+0.0100%8h0.2401−0.033%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2395−0.280%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2394−0.325%$2K$1.4M20xas long as short