Funding arb · Price arb /

SNX

all SNX markets

Swap Backtest

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: SunX against MEXC−0.253%7-day average −0.553% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now −0.253%, 7d avg −0.553%

Together, before fees−0.153%−$15 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: SunX is 0.300% dearer against MEXC than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.553%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SNX_USDT	0.2372	0.0100	pay 0.0100% / 8h	4h 24m	$1.7M	$717K	100x
Short	SunX SNX-USDT	0.2366	0.0100	get 0.0100% / 8h	4h 24m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now −0.253%Rate

Funding earned: $0
Price spread: −0.253% → −0.553%: $29.98
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: $17.98
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: MEXC: live order book, 1 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	2.11 bp	14.9 bp −$15	38.1 bp −$381	125.2 bp −$12.5K	doesn't fit
Sell SunX live order book, 10 min ago	502.65 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

SNX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SNX/USDC PERP	−0.5000%	1h	0.2233	−5.860%	$23K	$29K	12x	as long as short
BloFin SNX-USDT	+0.0076%	8h	0.2373	+0.042%	$151K	$68K	75x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2374	+0.101%	$433K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2371	−0.031%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2372	+0.021%	$2.9M	$4.2M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2372	0.000%	$1.6M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2371	−0.042%	$846K	$1.3M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2370	−0.084%	$238K	$96K	25x	as long as short
MEXC SNX_USDTlong	+0.0100%	8h	0.2372	long leg	$1.7M	$717K	100x
KuCoin SNXUSDTM	+0.0100%	8h	0.2372	0.000%	$670K	$2.0M	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNXUSDT	+0.0100%	8h	0.2373	+0.042%	$1.1M	$394K	50x	as long as short
BingX SNX-USDT	+0.0100%	8h	0.2371	−0.042%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2371	−0.061%	$12K	$4K	—	as long as short
SunX SNX-USDTshort	+0.0100%	8h	0.2366	−0.253%	$2K	$1.4M	20x
Kraken Futures PF_SNXUSD	+0.0355%	1h	0.2376	+0.162%	$142K	$60K	25x	as long as short