Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

SNXX

RWAAll SNXX markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKSNXX2USD-USDT
16.730+0.0350pay 0.0350% / 8h3h 02m$944K$1.3M—Long BingX
SHORT
edgeXSNXXUSDC
16.710+0.0063get 0.0032% / 4h3h 02m$67K$270K10xShort edgeX
Price gap−0.122%55s
Funding gap−0.0287% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.058% under its 7d average. Swap the legs.

The two prices were read 55 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$154−0.0287% /8h now · paid −1.538% over the last 7D
Price—spread −0.122%55s now · prices read too far apart to compare
Costs−$490.489% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.122%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNXX on 16 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size8.0 / 16.5 bp
    At $10k entering edgeX costs 16.5 bp, fee and slippage, 2.1× BingX’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$8.60Long BingX: 3 payments, −$10.50; short edgeX: 6 payments, +$1.90.
  • Watch: Prices read 55 s apart−0.122% vs −0.063%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$67K vs $944K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · edgeX No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0732%/8h × 21 periods−$153.77
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$29.92
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$202.69
price spread not counted: prices read too far apart
Costs to cover0.489%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; edgeX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX2.998.0 bp−$89.6 bp−$9622.8 bp−$2,27775.7 bp−$37.9K
SELL · SHORTedgeX11.9716.5 bp−$1655.5 bp−$555doesn’t fitdoesn’t fit

Closing costs about the same again.

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