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+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.057%7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2662.660% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.205%−$20 on $10k
Price spread, last 4 days (all we have)−1.186%−$119 · spread now +0.057%, 7d avg −0.105%
Together, before fees−1.391%−$139 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.162% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.105%. Mind the row above: over the last 7 days funding on this pair cost −0.205%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SNXXUSDT17.520−0.0742get 0.0742% / 8h2h 47m$30.9M$474.8M25x
ShortKuCoin SNXXUSDTM17.530−0.0586pay 0.0586% / 8h2h 47m$207K$267K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$32.84
Price spread: +0.057% → −0.105%
$16.21
Slippage, 4 orders
−$244.02
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$216.97
Costs to cover
2.660%
Break-even
53.3 days
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 10 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 ago2.87 bp7.9 bp −$810.5 bp −$10532.4 bp −$3,240doesn't fit
Sell KuCoin live order book, 10 min ago11.42 bp100.8 bp −$101doesn'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
tradeXYZ xyz:SNXX−0.2104%1h17.522+0.011%$143K$752K10xas long as short
Bybit SNXXUSDT−0.1427%8h17.530+0.057%$3.6M$19.1M50xas long as short
HTX SNXX-USDT−0.0867%8h17.580+0.342%$9K$5K10xas long as short
BloFin SNXX-USDT−0.0750%8h17.480−0.228%$279K$280K25xas long as short
Binance SNXXUSDTlong−0.0742%8h17.520long leg$30.9M$474.8M25x
MEXC SNXX_USDT−0.0728%8h17.510−0.057%$9.1M$7.7M50xas long as short
KuCoin SNXXUSDTMshort−0.0586%8h17.530+0.057%$207K$267K20x
edgeX SNXXUSDC−0.0501%4h17.550+0.171%$54K$404K10xas long as short
Bitget SNXXUSDT−0.0482%8h17.523+0.017%$3.9M$40.2M20xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0260%8h17.560+0.228%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNXX-USDT-SWAP−0.0212%8h17.5200.000%$5.1M$63.2M25xas long as short
SunX SNXX-USDT−0.0092%8h17.500−0.114%$4.6M10xas long as short
Aster SNXXUSDT−0.0085%8h17.546+0.150%$52K$490K20xas long as short
Gate SNXX_USDT0.0000%8h17.503−0.097%$4.2M$18.4M50xas long as short
Phemex SNXXUSDT0.0000%8h17.490−0.171%$1.6M$1.5M20xas long as short