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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +0.227%
Price spread now: Aster against Injective+6.418%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and Aster is 6.418% dearer against Injective than usual: you sell high and buy low: +$642 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SNX/USDC PERP0.2262−0.5000get 0.0625% / 1h18m 48s$23K$29K12x
ShortAster SNXUSDT0.24070.0100get 0.0100% / 8h6h 18m$4K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$1,071
Price spread: +6.418% → 0.000%
$641.8
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$1,704.78
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aster no order-book sample
Injective and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SNX on 14 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 PERPlong−0.5000%1h0.2262long leg$23K$29K12x
Hyperliquid SNX+0.0100%1h0.2413+6.684%$444K$152K3xas long as short
Aster SNXUSDTshort+0.0100%8h0.2407+6.418%$4K$3K5x
Binance SNXUSDT+0.0100%8h0.2410+6.543%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2410+6.543%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2411+6.587%$786K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2403+6.233%$240K$95K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2411+6.587%$1.7M$697K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2409+6.499%$727K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2410+6.543%$1.1M$391K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2409+6.499%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2405+6.302%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2402+6.189%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2407+6.389%$144K$58K25xas long as short