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 OKX−0.083%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days+0.083%+$8 · spread now −0.083%, 7d avg −0.010%
Together, before fees+0.174%+$17 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 0.073% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNX-USDT-SWAP0.24030.0100pay 0.0100% / 8h6h 06m$784K$1.1M20x
ShortBingX SNX-USDT0.24010.0100get 0.0100% / 8h6h 06m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.083% → −0.010%
−$7.3
Slippage, 4 orders
−$83.66
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$110.96
Costs to cover
1.037%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 12 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 BingX live order book, 12 min ago4.15 bp24.9 bp −$2560.7 bp −$607613.0 bp −$61.3K1179.9 bp −$589.9K

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%1h0.2259−5.993%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2406+0.129%$443K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2402−0.062%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2403−0.015%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2402−0.042%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAPlong+0.0100%8h0.2403long leg$784K$1.1M20x
Gate SNX_USDT+0.0100%8h0.2399−0.166%$240K$96K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2402−0.042%$1.7M$700K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2402−0.042%$723K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2402−0.042%$1.1M$390K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDTshort+0.0100%8h0.2401−0.083%$2.3M
Variational Omni SNX+0.0100%8h0.2405+0.066%$12K$4Kas long as short
SunX SNX-USDT+0.0100%8h0.2397−0.250%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2406+0.141%$144K$58K25xas long as short