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+0.0567%/8h= +62.1% APRpaid last 24h −0.113%
Price spread now: edgeX against Binance−0.226%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.686%−$69 on $10k
Price spread, last 4 days (all we have)−1.224%−$122 · spread now −0.226%, 7d avg −0.014%
Together, before fees−1.910%+ Points / potential airdropedgeX: Active · farm board−$191 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.212% cheaper against Binance than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.014%). If the spread goes back, that is −$21 on $10k: about 30 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.686%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SNXXUSDT17.7800.0142pay 0.0142% / 8h3h 47m$30.9M$464.3M25x
ShortedgeX SNXXUSDC17.7400.0709get 0.0354% / 4h3h 47m$55K$404K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$119.13
Price spread: −0.226% → −0.014%
−$21.25
Slippage, 4 orders
−$57.2
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$21.68
Costs to cover
0.762%
Break-even
5.7 days
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 6 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, 12 min ago2.80 bp7.8 bp −$811.3 bp −$11334.2 bp −$3,416323.2 bp −$161.6K
Sell edgeX live order book, 6 min ago16.83 bp24.8 bp −$2568.7 bp −$687doesn'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
tradeXYZ xyz:SNXX−0.2019%1h17.799+0.107%$140K$743K10xas long as short
Bybit SNXXUSDT0.0000%8h17.790+0.056%$3.3M$18.5M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.7800.000%$5.1M$61.4M25xas long as short
Gate SNXX_USDT0.0000%8h17.784+0.022%$4.3M$17.9M50xas long as short
Bitget SNXXUSDT0.0000%8h17.781+0.006%$3.9M$40.3M20xas long as short
SunX SNXX-USDT0.0000%8h17.7800.000%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.7800.000%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.7800.000%$1.6M$1.5M20xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.810+0.169%$210K$286K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.790+0.056%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNXX-USDT+0.0139%8h17.790+0.056%$286K$285K25xas long as short
Binance SNXXUSDTlong+0.0142%8h17.780long leg$30.9M$464.3M25x
MEXC SNXX_USDT+0.0157%8h17.790+0.056%$9.2M$7.7M50xas long as short
Aster SNXXUSDT+0.0336%8h17.818+0.212%$53K$573K20xas long as short
edgeX SNXXUSDCshort+0.0709%4h17.740−0.226%$55K$404K10x