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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0793%/8h= +86.8% APRpaid last 24h −0.788%
Price spread now: Injective against Variational Omni+1.622%76s7-day average · you sell dearer than you buy
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 4 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Injective is 1.622% dearer against Variational Omni than usual: you sell high and buy low: +$162 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SNX0.23170.0100pay 0.0100% / 8h5h 31m$11K$3K
ShortInjective SNX/USDC PERP0.23550.0893get 0.0112% / 1h31m 57s$23K$30K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$166.54
Price spread: +1.622% → 0.000%
$162.21
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$328.73
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Variational Omni and Injective: 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 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SNX+0.0100%1h0.2314−0.130%$424K$139K3xas long as short
Aster SNXUSDT+0.0100%8h0.2313−0.209%$4K$2K5xas long as short
Binance SNXUSDT+0.0100%8h0.2313−0.200%$2.9M$4.0M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2313−0.190%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2311−0.277%$828K$1.1M20xas long as short
Gate SNX_USDT+0.0100%8h0.2310−0.320%$231K$78K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2312−0.233%$1.7M$660K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2312−0.233%$649K$1.6M30xas long as short
Bitget SNXUSDT+0.0100%8h0.2314−0.147%$1.1M$356K50xas long as short
BingX SNX-USDT+0.0100%8h0.2312−0.233%$2.3Mas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SNXlong+0.0100%8h0.2317long leg$11K$3K
SunX SNX-USDT+0.0100%8h0.2308−0.406%$2K$1.5M20xas long as short
BloFin SNX-USDT+0.0117%8h0.2314−0.147%$151K$66K75xas long as short
Injective SNX/USDC PERPshort+0.0893%1h0.2355+1.622%$23K$30K12x
Kraken Futures PF_SNXUSD+0.0956%1h0.2314−0.161%$137K$66K25xas long as short