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

SNX

all SNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0653%/8h= +71.5% APRpaid last 24h +0.333%
Price spread now: Kraken Futures against Variational Omni−0.035%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 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
Funding pays, the price is against you. Kraken Futures is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SNX0.23620.0100pay 0.0100% / 8h2h 37m$12K$4K
ShortKraken Futures PF_SNXUSD0.23610.0753get 0.0094% / 1h37m 50s$141K$65K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$137.16
Price spread: −0.035% → 0.000%
−$3.48
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$123.67
Costs to cover
0.100%
Break-even
0.7 days
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 9 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 Kraken Futures live order book, 9 min ago8.42 bp27.8 bp −$2872.6 bp −$726doesn'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 15 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%1h0.2232−5.488%$22K$30K12xas long as short
BloFin SNX-USDT+0.0093%8h0.2352−0.407%$154K$68K75xas long as short
Hyperliquid SNX+0.0100%1h0.2360−0.060%$431K$153K3xas long as short
Aster SNXUSDT+0.0100%8h0.2356−0.231%$4K$3K5xas long as short
Binance SNXUSDT+0.0100%8h0.2357−0.198%$2.9M$4.1M75xas long as short
Bybit SNXUSDT+0.0100%8h0.2358−0.153%$1.6M$1.3M75xas long as short
OKX SNX-USDT-SWAP+0.0100%8h0.2359−0.111%$842K$1.2M20xas long as short
Gate SNX_USDT+0.0100%8h0.2358−0.153%$240K$95K25xas long as short
MEXC SNX_USDT+0.0100%8h0.2356−0.238%$1.7M$693K100xas long as short
KuCoin SNXUSDTM+0.0100%8h0.2355−0.280%$667K$2.0M30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNXUSDT+0.0100%8h0.2357−0.195%$1.1M$368K50xas long as short
BingX SNX-USDT+0.0100%8h0.2355−0.280%$2.3Mas long as short
Variational Omni SNXlong+0.0100%8h0.2362long leg$12K$4K
SunX SNX-USDT+0.0100%8h0.2352−0.407%$2K$1.5M20xas long as short
Kraken Futures PF_SNXUSDshort+0.0753%1h0.2361−0.035%$141K$65K25x