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: Bybit against MEXC0.000%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1001.003% 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−0.080%−$8 · spread now 0.000%, 7d avg −0.060%
Together, before fees−0.062%−$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: Bybit is 0.060% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SNX_USDT0.24020.0100pay 0.0100% / 8h6h 06m$1.7M$700K100x
ShortBybit SNXUSDT0.24020.0100get 0.0100% / 8h6h 06m$1.7M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: 0.000% → −0.060%
$6.03
Slippage, 4 orders
−$85.32
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$94.29
Costs to cover
1.003%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago2.08 bp10.3 bp −$1037.7 bp −$377133.4 bp −$13.3Kdoesn't fit
Sell Bybit live order book, 5 min ago2.08 bp36.9 bp −$37216.9 bp −$2,169doesn't fitdoesn't fit

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 PERP−0.5000%1h0.2259−5.953%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2406+0.171%$443K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2402−0.021%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2403+0.027%$2.9M$4.0M75xas long as short
Bybit SNXUSDTshort+0.0100%8h0.24020.000%$1.7M$1.3M75x
OKX SNX-USDT-SWAP+0.0100%8h0.2403+0.042%$784K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2399−0.125%$240K$96K25xas long as short
MEXC SNX_USDTlong+0.0100%8h0.2402long leg$1.7M$700K100x
KuCoin SNXUSDTM+0.0100%8h0.24020.000%$723K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.24020.000%$1.1M$390K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2401−0.042%$2.3Mas long as short
Variational Omni SNX+0.0100%8h0.2405+0.107%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2397−0.208%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2406+0.183%$144K$58K25xas long as short