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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +0.541%
Price spread now: Variational Omni against Injective+6.388%46s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and Variational Omni is 6.388% dearer against Injective than usual: you sell high and buy low: +$639 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SNX/USDC PERP0.2232−0.5000get 0.0625% / 1h42m 36s$22K$30K12x
ShortVariational Omni SNX0.23750.0100get 0.0100% / 8h2h 42m$12K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +6.388% → 0.000%
$638.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1,709.8
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Variational Omni no order-book sample
Injective and Variational Omni: 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 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 PERPlong−0.5000%1h0.2232long leg$22K$30K12x
Hyperliquid SNX+0.0100%1h0.2372+6.263%$432K$153K3xas long as short
Aster SNXUSDT+0.0100%8h0.2368+6.108%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2368+6.087%$2.9M$4.1M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2364+5.914%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2363+5.869%$847K$1.2M20xas long as short
Gate SNX_USDT+0.0100%8h0.2371+6.228%$241K$95K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2368+6.093%$1.7M$691K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2367+6.048%$671K$2.0M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2367+6.048%$1.1M$369K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2366+6.004%$2.3Mas long as short
Variational Omni SNXshort+0.0100%8h0.2375+6.388%$12K$4K
SunX SNX-USDT+0.0100%8h0.2360+5.735%$2K$1.5M20xas long as short
BloFin SNX-USDT+0.0111%8h0.2365+5.959%$153K$68K75xas long as short
Kraken Futures PF_SNXUSD+0.0750%1h0.2371+6.227%$142K$65K25xas long as short