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

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bitget+0.035%95s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.035%, 7d avg +0.040%
Together, before fees+0.228%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNXXUSDT17.304−0.0665get 0.0665% / 8h6h 57m$3.9M$39.7M20x
ShortBloFin SNXX-USDT17.310−0.0601pay 0.0601% / 8h6h 57m$237K$277K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$13.45
Price spread: +0.035% → +0.040%
−$0.54
Slippage, 4 orders
−$17.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.12
Costs to cover
0.410%
Break-even
21.6 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 12 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, 1 min ago2.02 bp11.8 bp −$1225.2 bp −$25238.1 bp −$3,81067.0 bp −$33.5K
Sell BloFin live order book, 12 min ago2.89 bp8.9 bp −$915.1 bp −$15137.7 bp −$3,773132.5 bp −$66.3K

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
edgeX SNXXUSDC−0.0687%4h17.308+0.026%$53K$403K10xas long as short
Bitget SNXXUSDTlong−0.0665%8h17.304long leg$3.9M$39.7M20x
Orderly PERP_SNXX_USDC_mythos−0.0625%8h17.310+0.035%$1K$2K10xas long as short
MEXC SNXX_USDT−0.0613%8h17.300−0.023%$13.2M$8.4M50xas long as short
BloFin SNXX-USDTshort−0.0601%8h17.310+0.035%$237K$277K25x
Binance SNXXUSDT−0.0597%8h17.320+0.092%$30.9M$469.7M25xas long as short
KuCoin SNXXUSDTM−0.0502%8h17.300−0.023%$205K$327K20xas long as short
Aster SNXXUSDT−0.0321%8h17.320+0.092%$49K$498K20xas long as short
OKX SNXX-USDT-SWAP−0.0195%8h17.300−0.023%$5.2M$62.8M25xas long as short
Bybit SNXXUSDT0.0000%8h17.310+0.035%$3.9M$20.2M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNXX_USDT0.0000%8h17.296−0.046%$4.5M$18.4M50xas long as short
SunX SNXX-USDT0.0000%8h17.320+0.092%$4.1M10xas long as short
Phemex SNXXUSDT0.0000%8h17.310+0.035%$1.5M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.294−0.058%$149K$717K10xas long as short
HTX SNXX-USDT+0.0130%8h17.340+0.208%$9K$4K20xas long as short