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+0.0511%/8h= +55.9% APRnext payment +$5.11 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.086%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 4 days (all we have)−1.529%−$153 · spread now −0.086%, 7d avg −0.060%
Together, before fees−1.706%+ Points / potential airdropAster: Stage 5 · farm board−$171 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.026% cheaper against Binance than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.060%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.11 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
LongBinance SNXXUSDT17.402−0.1219get 0.1219% / 8h39m 42s$31.4M$473.2M25x
ShortAster SNXXUSDT17.387−0.0708pay 0.0708% / 8h39m 42s$52K$490K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$107.25
Price spread: −0.086% → −0.060%
−$2.65
Slippage, 4 orders
−$22.81
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$63.8
Costs to cover
0.408%
Break-even
2.8 days
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 63 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 Binance live order book, 4 min ago2.87 bp7.9 bp −$810.4 bp −$10440.1 bp −$4,010doesn't fit
Sell Aster live order book, 63 min ago5.77 bp9.8 bp −$10doesn't fitdoesn'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
BloFin SNXX-USDT−0.1245%8h17.450+0.274%$292K$280K25xas long as short
MEXC SNXX_USDT−0.1226%8h17.390−0.071%$9.3M$7.7M50xas long as short
Binance SNXXUSDTlong−0.1219%8h17.402long leg$31.4M$473.2M25x
Bybit SNXXUSDT−0.1055%8h17.400−0.013%$3.8M$19.8M50xas long as short
Bitget SNXXUSDT−0.0999%8h17.391−0.065%$3.9M$40.4M20xas long as short
KuCoin SNXXUSDTM−0.0976%8h17.380−0.128%$205K$245K20xas long as short
Aster SNXXUSDTshort−0.0708%8h17.387−0.086%$52K$490K20x
edgeX SNXXUSDC−0.0703%4h17.426+0.135%$54K$402K10xas long as short
OKX SNXX-USDT-SWAP−0.0576%8h17.390−0.071%$5.2M$63.4M25xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0468%8h17.410+0.044%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SNXX-USDT−0.0439%8h17.440+0.217%$9K$4K10xas long as short
tradeXYZ xyz:SNXX−0.0412%1h17.378−0.140%$148K$727K10xas long as short
Gate SNXX_USDT−0.0129%8h17.378−0.140%$4.6M$19.0M50xas long as short
SunX SNXX-USDT0.0000%8h17.400−0.013%$4.5M10xas long as short
Phemex SNXXUSDT0.0000%8h17.400−0.013%$1.6M$1.5M20xas long as short