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

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.041%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.349%−$35 · spread now −0.041%, 7d avg +0.064%
Together, before fees−0.363%−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.106% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SNXXUSDT17.247−0.1023get 0.1023% / 8h7h 43m$31.4M$468.8M25x
ShortBloFin SNXX-USDT17.240−0.1052pay 0.1052% / 8h7h 43m$291K$276K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$6.08
Price spread: −0.041% → +0.064%
−$10.56
Slippage, 4 orders
−$17.27
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.91
Costs to cover
0.393%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 31 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, 16 min ago2.88 bp7.9 bp −$810.8 bp −$10853.9 bp −$5,386doesn't fit
Sell BloFin live order book, 31 min ago5.75 bp11.8 bp −$1216.4 bp −$16437.7 bp −$3,771104.2 bp −$52.1K

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-USDTshort−0.1052%8h17.240−0.041%$291K$276K25x
MEXC SNXX_USDT−0.1031%8h17.250+0.017%$13.5M$8.6M50xas long as short
Binance SNXXUSDTlong−0.1023%8h17.247long leg$31.4M$468.8M25x
Bitget SNXXUSDT−0.0940%8h17.247−0.001%$3.9M$40.0M20xas long as short
KuCoin SNXXUSDTM−0.0804%8h17.240−0.041%$205K$277K20xas long as short
Aster SNXXUSDT−0.0639%8h17.265+0.102%$49K$493K20xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0544%8h17.260+0.075%$1K$2K10xas long as short
OKX SNXX-USDT-SWAP−0.0413%8h17.250+0.017%$5.0M$62.3M25xas long as short
Gate SNXX_USDT−0.0181%8h17.239−0.047%$4.5M$18.5M50xas long as short
Bybit SNXXUSDT0.0000%8h17.240−0.041%$3.9M$19.9M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SNXX-USDT0.0000%8h17.240−0.041%$4.3M10xas long as short
HTX SNXX-USDT0.0000%8h17.210−0.215%$9K$4K20xas long as short
Phemex SNXXUSDT0.0000%8h17.240−0.041%$1.5M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0053%1h17.241−0.035%$147K$716K10xas long as short
edgeX SNXXUSDC+0.0245%4h17.283+0.210%$53K$403K10xas long as short