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

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.3358%/8h= +367.7% APRnext payment +$33.58 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.143%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$530.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.143%, 7d avg −0.008%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$101 a day on $10k at the current rate, and Bybit is 0.151% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$33.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNXXUSDT17.8940.0594pay 0.0594% / 8h7h 10m$53K$573K20x
ShortBybit SNXXUSDT17.9200.3952get 0.3952% / 8h7h 10m$3.3M$18.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$705.2
Price spread: +0.143% → −0.008%
$15.15
Slippage, 4 orders
−$34.39
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$666.96
Costs to cover
0.534%
Break-even
0.4 days
Slippage from Aster: live order book, 62 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 62 min ago8.50 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.79 bp15.7 bp −$1627.4 bp −$274doesn't fitdoesn't fit

SNXX 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
edgeX SNXXUSDC−0.0218%4h17.952+0.321%$55K$405K10xas long as short
Phemex SNXXUSDT0.0000%8h17.910+0.087%$1.6M$1.5M20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.920+0.143%$1K$2K10xas long as short
KuCoin SNXXUSDTM+0.0114%8h17.910+0.087%$212K$305K20xas long as short
SunX SNXX-USDT+0.0185%8h17.900+0.031%$4.8M10xas long as short
OKX SNXX-USDT-SWAP+0.0267%8h17.920+0.143%$5.2M$61.8M25xas long as short
Gate SNXX_USDT+0.0433%8h17.920+0.143%$4.4M$18.0M50xas long as short
Bitget SNXXUSDT+0.0529%8h17.913+0.104%$4.1M$41.3M20xas long as short
Aster SNXXUSDTlong+0.0594%8h17.894long leg$53K$573K20x
BloFin SNXX-USDT+0.0754%8h17.920+0.143%$285K$284K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SNXX_USDT+0.0777%8h17.890−0.024%$7.7M$7.5M50xas long as short
Binance SNXXUSDT+0.0779%8h17.913+0.105%$33.6M$466.4M25xas long as short
HTX SNXX-USDT+0.2751%8h17.910+0.087%$10K$5K10xas long as short
tradeXYZ xyz:SNXX+0.3215%1h17.926+0.177%$144K$860K10xas long as short
Bybit SNXXUSDTshort+0.3952%8h17.920+0.143%$3.3M$18.4M50x