Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.007%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 2 days (all we have)+0.031%+$3 · spread now −0.007%, 7d avg −0.033%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SNXXUSDT	17.541	0	get 0.0000% / 8h	1h 48m	$31.3M	$482.3M	25x
Short	MEXC SNXX_USDT	17.540	0	get 0.0000% / 8h	1h 48m	$7.5M	$7.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → −0.033%: $2.6
Slippage, 4 orders: −$11.4
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$18.81
Costs to cover: 0.214%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 11 min ago	2.85 bp	7.9 bp −$8	12.8 bp −$128	59.6 bp −$5,964	doesn't fit
Sell MEXC live order book, 5 min ago	2.85 bp	2.9 bp −$3	2.9 bp −$29	8.9 bp −$887	90.9 bp −$45.4K

SNXX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SNXX-USDT	−0.0021%	8h	17.570	+0.164%	$282K	$280K	25x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.541	0.000%	$52K	$573K	20x	as long as short
Binance SNXXUSDTlong	0.0000%	8h	17.541	long leg	$31.3M	$482.3M	25x
Bybit SNXXUSDT	0.0000%	8h	17.550	+0.050%	$3.2M	$18.6M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.540	−0.007%	$5.2M	$62.0M	25x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.540	−0.007%	$4.2M	$17.9M	50x	as long as short
MEXC SNXX_USDTshort	0.0000%	8h	17.540	−0.007%	$7.5M	$7.6M	50x
Bitget SNXXUSDT	0.0000%	8h	17.544	+0.016%	$4.3M	$41.1M	20x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.550	+0.050%	—	$5.2M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.570	+0.164%	$10K	$10K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SNXXUSDT	0.0000%	8h	17.530	−0.064%	$1.6M	$1.6M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.545	+0.022%	$160K	$1.4M	10x	as long as short
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.540	−0.007%	$1K	$2K	10x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.540	−0.007%	$208K	$330K	20x	as long as short
edgeX SNXXUSDC	+0.0778%	4h	17.562	+0.117%	$54K	$405K	10x	as long as short