Settings8H · net · $10k
Funding arb · Price arb /

SNXX

RWAall SNXX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0300%/8h= +32.8% APRnext payment +$3.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.073%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3063.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.073%, 7d avg +0.014%
Together, before fees−0.107%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.086% cheaper against Bitget than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.014%). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.040% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXXUSDT17.8610.0162pay 0.0162% / 8h5h 39m$4.0M$40.5M20x
ShortAster SNXXUSDT17.8480.0462get 0.0462% / 8h5h 39m$53K$573K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$62.95
Price spread: −0.073% → +0.014%
−$8.63
Slippage, 4 orders
−$286.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$252.03
Costs to cover
3.064%
Break-even
35.0 days
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 23 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 Bitget live order book, 5 min ago2.24 bp17.0 bp −$1725.7 bp −$25729.4 bp −$2,94455.8 bp −$27.9K
Sell Aster live order book, 23 min ago5.60 bp9.6 bp −$1020.0 bp −$200doesn'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−0.0123%1h17.851−0.056%$141K$781K10xas long as short
Bybit SNXXUSDT0.0000%8h17.860−0.006%$3.3M$18.3M50xas long as short
Gate SNXX_USDT0.0000%8h17.869+0.045%$4.3M$17.7M50xas long as short
SunX SNXX-USDT0.0000%8h17.850−0.062%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.840−0.118%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.860−0.006%$1.6M$1.5M20xas long as short
OKX SNXX-USDT-SWAP+0.0035%8h17.860−0.006%$5.1M$61.2M25xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.850−0.062%$211K$304K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.850−0.062%$1K$2K10xas long as short
Bitget SNXXUSDTlong+0.0162%8h17.861long leg$4.0M$40.5M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SNXXUSDT+0.0405%8h17.862+0.006%$32.4M$462.4M25xas long as short
MEXC SNXX_USDT+0.0407%8h17.860−0.006%$9.3M$7.7M50xas long as short
BloFin SNXX-USDT+0.0421%8h17.860−0.006%$287K$286K25xas long as short
Aster SNXXUSDTshort+0.0462%8h17.848−0.073%$53K$573K20x
edgeX SNXXUSDC+0.0464%4h17.836−0.140%$55K$403K10xas long as short