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−0.0376%/8h= −41.1% APRnext payment $3.76 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.112%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.327%−$33 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.112%, 7d avg −0.049%
Together, before fees−0.451%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.161% dearer against Binance than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.049%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.327% in total) that is about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SNXXUSDT17.8700.0442pay 0.0442% / 8h5h 29m$32.4M$462.2M25x
ShortOKX SNXX-USDT-SWAP17.8900.0066get 0.0066% / 8h5h 29m$5.1M$61.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$78.91
Price spread: +0.112% → −0.049%
$16.07
Slippage, 4 orders
−$11.18
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$94.02
Costs to cover
0.312%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 4 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, 14 min ago2.80 bp7.8 bp −$89.9 bp −$9938.9 bp −$3,893doesn't fit
Sell OKX live order book, 4 min ago2.79 bp7.8 bp −$816.2 bp −$162263.0 bp −$26.3Kdoesn'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
Gate SNXX_USDT0.0000%8h17.880+0.056%$4.3M$17.8M50xas long as short
SunX SNXX-USDT0.0000%8h17.8700.000%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.880+0.056%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.8700.000%$1.6M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.866−0.022%$141K$764K10xas long as short
OKX SNXX-USDT-SWAPshort+0.0066%8h17.890+0.112%$5.1M$61.4M25x
Bybit SNXXUSDT+0.0073%8h17.880+0.056%$3.3M$18.3M50xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.8700.000%$211K$304K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.890+0.112%$1K$2K10xas long as short
Bitget SNXXUSDT+0.0204%8h17.875+0.028%$4.0M$40.5M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SNXXUSDC+0.0272%4h17.892+0.122%$55K$405K10xas long as short
BloFin SNXX-USDT+0.0438%8h17.910+0.224%$287K$286K25xas long as short
MEXC SNXX_USDT+0.0442%8h17.860−0.056%$9.3M$7.7M50xas long as short
Binance SNXXUSDTlong+0.0442%8h17.870long leg$32.4M$462.2M25x
Aster SNXXUSDT+0.0475%8h17.873+0.018%$53K$573K20xas long as short