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: Binance against SunX+0.298%7-day average +0.560% · you sell dearer than you buy

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

Long on SunX Short on Binance

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)+0.260%+$26 · spread now +0.298%, 7d avg +0.560%

Together, before fees+0.242%+$24 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: Binance is 0.262% cheaper against SunX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.560%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNX-USDT	0.2350	0.0100	pay 0.0100% / 8h	2h 40m	$2K	$1.5M	20x
Short	Binance SNXUSDT	0.2357	0.0100	get 0.0100% / 8h	2h 40m	$2.9M	$4.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.298%Rate

Funding earned: $0
Price spread: +0.298% → +0.560%: −$26.19
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.19
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Binance: live order book, 12 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 SunX live order book, 5 min ago	503.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.10 bp	24.9 bp −$25	80.4 bp −$804	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	0.2232	−5.021%	$22K	$30K	12x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2359	+0.387%	$430K	$153K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2357	+0.312%	$4K	$3K	5x	as long as short
Binance SNXUSDTshort	+0.0100%	8h	0.2357	+0.298%	$2.9M	$4.1M	75x
Bybit SNXUSDT	+0.0100%	8h	0.2356	+0.255%	$1.6M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2355	+0.213%	$842K	$1.2M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2363	+0.553%	$240K	$95K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2357	+0.298%	$1.7M	$693K	100x	as long as short
KuCoin SNXUSDTM	+0.0100%	8h	0.2353	+0.128%	$667K	$2.0M	30x	as long as short
Bitget SNXUSDT	+0.0100%	8h	0.2357	+0.298%	$1.1M	$369K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SNX-USDT	+0.0100%	8h	0.2357	+0.298%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2362	+0.494%	$12K	$4K	—	as long as short
SunX SNX-USDTlong	+0.0100%	8h	0.2350	long leg	$2K	$1.5M	20x
BloFin SNX-USDT	+0.0101%	8h	0.2360	+0.426%	$153K	$68K	75x	as long as short
Kraken Futures PF_SNXUSD	+0.0753%	1h	0.2361	+0.489%	$141K	$65K	25x	as long as short