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 MEXC+0.042%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.075%−$7 · spread now +0.042%, 7d avg −0.015%
Together, before fees−0.056%−$6 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 0.057% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SNX_USDT0.23680.0100pay 0.0100% / 8h1h 07m$1.6M$705K100x
ShortBingX SNX-USDT0.23690.0100get 0.0100% / 8h1h 07m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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% → −0.015%
$5.68
Slippage, 4 orders
−$64.99
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$73.31
Costs to cover
0.790%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 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 MEXC live order book, 4 min ago2.11 bp15.0 bp −$1544.2 bp −$442135.0 bp −$13.5Kdoesn't fit
Sell BingX live order book, 11 min ago6.31 bp23.9 bp −$2454.4 bp −$544524.2 bp −$52.4K1119.0 bp −$559.5K

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%1h0.2234−5.659%$22K$30K12xas long as short
Hyperliquid SNX+0.0100%1h0.2371+0.139%$434K$160K3xas long as short
Aster SNXUSDT+0.0100%8h0.2368+0.017%$4K$2K5xas long as short
Binance SNXUSDT+0.0100%8h0.2369+0.042%$2.9M$4.3M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2370+0.084%$1.7M$1.4M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2367−0.042%$845K$1.2M20xas long as short
Gate SNX_USDT+0.0100%8h0.2369+0.042%$238K$92K25xas long as short
MEXC SNX_USDTlong+0.0100%8h0.2368long leg$1.6M$705K100x
KuCoin SNXUSDTM+0.0100%8h0.2369+0.042%$677K$1.9M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2369+0.042%$1.1M$380K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDTshort+0.0100%8h0.2369+0.042%$2.3M
Variational Omni SNX+0.0100%8h0.2371+0.129%$12K$3Kas long as short
SunX SNX-USDT+0.0100%8h0.2360−0.338%$2K$1.5M20xas long as short
BloFin SNX-USDT+0.0128%8h0.2370+0.084%$154K$69K75xas long as short
Kraken Futures PF_SNXUSD+0.1157%1h0.2373+0.202%$143K$69K25xas long as short