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: BingX against SunX+0.422%7-day average +0.564% · you sell dearer than you buy

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

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.422%, 7d avg +0.564%

Together, before fees−0.020%−$2 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 0.142% cheaper against SunX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.564%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNX-USDT	0.2367	0.0100	pay 0.0100% / 8h	4h 30m	$2K	$1.4M	20x
Short	BingX SNX-USDT	0.2377	0.0100	get 0.0100% / 8h	4h 30m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.422%Rate

Funding earned: $0
Price spread: +0.422% → +0.564%: −$14.17
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$32.17
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 4 min ago; BingX: live order book, 3 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, 4 min ago	502.65 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	4.22 bp	22.5 bp −$22	66.6 bp −$666	610.2 bp −$61.0K	1264.6 bp −$632.3K

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	0.2234	−5.619%	$23K	$29K	12x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2380	+0.541%	$434K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2378	+0.457%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2377	+0.422%	$2.9M	$4.1M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2378	+0.465%	$1.6M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2377	+0.422%	$847K	$1.3M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2375	+0.338%	$239K	$95K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2376	+0.380%	$1.7M	$717K	100x	as long as short
KuCoin SNXUSDTM	+0.0100%	8h	0.2376	+0.380%	$669K	$2.0M	30x	as long as short
Bitget SNXUSDT	+0.0100%	8h	0.2377	+0.422%	$1.1M	$395K	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-USDTshort	+0.0100%	8h	0.2377	+0.422%	—	$2.3M	—
Variational Omni SNX	+0.0100%	8h	0.2375	+0.342%	$12K	$4K	—	as long as short
SunX SNX-USDTlong	+0.0100%	8h	0.2367	long leg	$2K	$1.4M	20x
BloFin SNX-USDT	+0.0125%	8h	0.2373	+0.253%	$153K	$68K	75x	as long as short
Kraken Futures PF_SNXUSD	+0.0355%	1h	0.2375	+0.357%	$142K	$60K	25x	as long as short