Settings8H · net · $10k
Funding arb · Price arb /

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SNX0.24080.0100pay 0.0100% / 8h6h 12m$12K$4K
ShortHyperliquid SNX0.24070.0100get 0.0013% / 1h12m 20s$443K$153K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. 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: −0.015% → 0.000%
−$1.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.47
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 28 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Hyperliquid live order book, 28 min ago3.35 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2264−5.963%$23K$29K12xas long as short
Hyperliquid SNXshort+0.0100%1h0.2407−0.015%$443K$153K3x
Aster SNXUSDT+0.0100%8h0.2406−0.046%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2406−0.065%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2406−0.065%$1.7M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2405−0.106%$785K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2404−0.148%$241K$95K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2406−0.065%$1.7M$699K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2405−0.106%$726K$2.1M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2405−0.106%$1.1M$391K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SNX-USDT+0.0100%8h0.2407−0.023%$2.3Mas long as short
Variational Omni SNXlong+0.0100%8h0.2408long leg$12K$4K
SunX SNX-USDT+0.0100%8h0.2400−0.314%$2K$1.4M20xas long as short
Kraken Futures PF_SNXUSD+0.0109%1h0.2408+0.027%$144K$58K25xas long as short