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: Binance against OKX+0.028%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$980.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.028%, 7d avg +0.009%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNX-USDT-SWAP0.24020.0100pay 0.0100% / 8h6h 06m$784K$1.1M20x
ShortBinance SNXUSDT0.24030.0100get 0.0100% / 8h6h 06m$2.9M$4.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.028% → +0.009%
$1.96
Slippage, 4 orders
−$78.23
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$96.27
Costs to cover
0.982%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 15 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 OKX live order book, 5 min ago4.16 bp29.1 bp −$292579.7 bp −$25.8Kdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.08 bp21.9 bp −$2283.8 bp −$838doesn'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%8h0.2401−0.025%$4K$3K5xas long as short
Binance SNXUSDTshort+0.0100%8h0.2403+0.028%$2.9M$4.0M75x
Bybit SNXUSDT+0.0100%8h0.24020.000%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAPlong+0.0100%8h0.2402long leg$784K$1.1M20x
Gate SNX_USDT+0.0100%8h0.2399−0.125%$240K$96K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2401−0.042%$1.7M$700K100xas long as short
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%8h0.2404+0.083%$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