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: BingX against KuCoin−0.042%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.078%−$8 · spread now −0.042%, 7d avg −0.080%
Together, before fees−0.078%−$8 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: BingX is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNXUSDTM0.23900.0100pay 0.0100% / 8h5h 13m$720K$2.0M30x
ShortBingX SNX-USDT0.23890.0100get 0.0100% / 8h5h 13m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.042% → −0.080%
$3.77
Slippage, 4 orders
−$132.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$150.3
Costs to cover
1.541%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 11 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 KuCoin live order book, 3 min ago2.09 bp62.9 bp −$63128.1 bp −$1,281doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago4.18 bp18.6 bp −$1960.4 bp −$604600.3 bp −$60.0K1178.4 bp −$589.2K

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%1h0.2246−6.025%$23K$29K12xas long as short
Kraken Futures PF_SNXUSD+0.0081%1h0.2387−0.110%$143K$59K25xas long as short
BloFin SNX-USDT+0.0098%8h0.2389−0.042%$152K$68K75xas long as short
Hyperliquid SNX+0.0100%1h0.2392+0.105%$440K$153K3xas long as short
Aster SNXUSDT+0.0100%8h0.2389−0.047%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2391+0.021%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2389−0.042%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2385−0.209%$824K$1.2M20xas long as short
Gate SNX_USDT+0.0100%8h0.2388−0.084%$239K$95K25xas long as short
MEXC SNX_USDT+0.0100%8h0.23900.000%$1.7M$699K100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNXUSDTMlong+0.0100%8h0.2390long leg$720K$2.0M30x
Bitget SNXUSDT+0.0100%8h0.23900.000%$1.1M$390K50xas long as short
BingX SNX-USDTshort+0.0100%8h0.2389−0.042%$2.3M
Variational Omni SNX+0.0100%8h0.2393+0.127%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2381−0.377%$2K$1.4M20xas long as short