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: Gate against OKX−0.125%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2132.134% 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 4 days (all we have)+0.155%+$15 · spread now −0.125%, 7d avg −0.046%
Together, before fees+0.246%+$25 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: Gate is 0.079% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNX-USDT-SWAP0.24020.0100pay 0.0100% / 8h6h 08m$784K$1.1M20x
ShortGate SNX_USDT0.23990.0100get 0.0100% / 8h6h 08m$240K$96K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.125% → −0.046%
−$7.92
Slippage, 4 orders
−$188.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$221.31
Costs to cover
2.134%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 53 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, 3 min ago4.16 bp29.1 bp −$292579.7 bp −$25.8Kdoesn't fitdoesn't fit
Sell Gate live order book, 53 min ago4.19 bp95.5 bp −$95167.7 bp −$1,677doesn'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%1h0.2257−6.037%$23K$29K12xas long as short
Hyperliquid SNX+0.0100%1h0.2406+0.150%$443K$152K3xas long as short
Aster SNXUSDT+0.0100%8h0.2399−0.119%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2401−0.024%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2401−0.042%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAPlong+0.0100%8h0.2402long leg$784K$1.1M20x
Gate SNX_USDTshort+0.0100%8h0.2399−0.125%$240K$96K25x
MEXC SNX_USDT+0.0100%8h0.2400−0.083%$1.7M$700K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.24020.000%$722K$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%8h0.2403+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%8h0.2396−0.250%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2405+0.126%$144K$58K25xas long as short