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−0.0110%/8h= −12.0% APRnext payment $1.10 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster−0.505%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$3753.749% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 4 days (all we have)+0.611%+$61 · spread now −0.505%, 7d avg −0.027%
Together, before fees+0.786%+ Points / potential airdropAster: Stage 5 · farm board+$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.478% cheaper against Aster than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNXXUSDT17.8300.0349pay 0.0349% / 8h3h 48m$53K$573K20x
ShortMEXC SNXX_USDT17.7400.0239get 0.0239% / 8h3h 48m$9.2M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$23.05
Price spread: −0.505% → −0.027%
−$47.76
Slippage, 4 orders
−$366.86
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$445.66
Costs to cover
3.749%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago11.24 bp341.6 bp −$342doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago5.61 bp5.6 bp −$610.4 bp −$10417.4 bp −$1,74363.2 bp −$31.6K

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
tradeXYZ xyz:SNXX−0.1859%1h17.788−0.236%$140K$742K10xas long as short
edgeX SNXXUSDC−0.0768%4h17.823−0.037%$55K$403K10xas long as short
Bybit SNXXUSDT0.0000%8h17.760−0.393%$3.3M$18.5M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.730−0.561%$5.1M$61.2M25xas long as short
Gate SNXX_USDT0.0000%8h17.744−0.482%$4.3M$17.8M50xas long as short
SunX SNXX-USDT0.0000%8h17.740−0.505%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.780−0.280%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.740−0.505%$1.6M$1.5M20xas long as short
Bitget SNXXUSDT+0.0043%8h17.742−0.494%$3.9M$40.3M20xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.8300.000%$211K$286K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.790−0.224%$1K$2K10xas long as short
Binance SNXXUSDT+0.0209%8h17.740−0.505%$30.8M$463.9M25xas long as short
BloFin SNXX-USDT+0.0234%8h17.740−0.505%$285K$284K25xas long as short
MEXC SNXX_USDTshort+0.0239%8h17.740−0.505%$9.2M$7.7M50x
Aster SNXXUSDTlong+0.0349%8h17.830long leg$53K$573K20x