Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0366%/8h= −40.0% APRpaid last 24h −0.049%

Price spread now: edgeX against Aster−0.067%70s7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.580% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.448%−$45 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.067%, 7d avg +0.002%

Together, before fees−0.509%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.069% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SNXXUSDT	17.320	−0.0321	get 0.0321% / 8h	6h 58m	$49K	$498K	20x
Short	edgeX SNXXUSDC	17.308	−0.0687	pay 0.0344% / 4h	2h 58m	$53K	$403K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee AsterbpFee edgeXbpOrdersPrice spread, now −0.067%Rate

Funding earned: −$76.77
Price spread: −0.067% → +0.002%: −$6.88
Slippage, 4 orders: −$41.01
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$141.67
Costs to cover: 0.580%
Break-even: never at this rate

Slippage from Aster: live order book, 34 min ago; edgeX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 34 min ago	8.81 bp	12.8 bp −$13	23.1 bp −$231	doesn't fit	doesn't fit
Sell edgeX live order book, 35 min ago	11.70 bp	16.2 bp −$16	52.8 bp −$528	doesn't fit	doesn't fit

SNXX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SNXXUSDCshort	−0.0687%	4h	17.308	−0.067%	$53K	$403K	10x
Bitget SNXXUSDT	−0.0670%	8h	17.331	+0.064%	$4.0M	$39.7M	20x	as long as short
Orderly PERP_SNXX_USDC_mythos	−0.0625%	8h	17.310	−0.058%	$1K	$2K	10x	as long as short
MEXC SNXX_USDT	−0.0621%	8h	17.320	0.000%	$13.2M	$8.4M	50x	as long as short
Binance SNXXUSDT	−0.0614%	8h	17.330	+0.058%	$30.9M	$469.6M	25x	as long as short
BloFin SNXX-USDT	−0.0601%	8h	17.310	−0.058%	$237K	$277K	25x	as long as short
KuCoin SNXXUSDTM	−0.0506%	8h	17.300	−0.115%	$205K	$325K	20x	as long as short
Aster SNXXUSDTlong	−0.0321%	8h	17.320	long leg	$49K	$498K	20x
OKX SNXX-USDT-SWAP	−0.0195%	8h	17.320	0.000%	$5.2M	$62.9M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.340	+0.115%	$3.9M	$20.2M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNXX_USDT	0.0000%	8h	17.320	0.000%	$4.5M	$18.4M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.320	0.000%	—	$4.1M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.310	−0.058%	$1.5M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.319	−0.006%	$150K	$717K	10x	as long as short
HTX SNXX-USDT	+0.0100%	8h	17.340	+0.115%	$9K	$4K	20x	as long as short