Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

SNXX

RWAAll SNXX markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AsterSNXXUSDT
16.442+0.0173pay 0.0173% / 8h2h 23m$141K$241K20xLong Aster≤10% back
SHORT
BingXNCSKSNXX2USD-USDT
16.450+0.0275get 0.0275% / 8h2h 23m$944K$1.3M—Short BingX
Price gap+0.052%
Funding gap+0.0102% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43+0.0102% /8h now · paid +0.426% over the last 7D
Price+$4spread +0.052% now, avg +0.014% → +0.037% if it goes back
Costs−$420.417% of $10k · taker + slippage, in and out
Result+$5+0.05%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.052%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNXX on 16 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • OK: Fits both order books10.0 / 8.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + —
    Aster 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$3.07Long Aster: 3 payments, −$5.18; short BingX: 3 payments, +$8.25.
  • OK: Entry gap works for you+0.052% vs +0.014%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$141K vs $944K OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0203%/8h × 21 periods+$42.61
Price spread+0.052% → +0.014% (7d avg)+$3.74
Slippage, 4 orderslive order books−$23.70
Fee Aster bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$4.64
Costs to cover0.417%Break-even6.2 days
Slippage: Aster: live order book, 41 min ago; BingX: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster5.9810.0 bp−$1083.1 bp−$831doesn’t fitdoesn’t fit
SELL · SHORTBingX3.018.0 bp−$88.5 bp−$8524.0 bp−$2,39671.8 bp−$35.9K

Closing costs about the same again.

Alert