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+0.0373%/8h= +40.8% APRnext payment +$3.73 per $10,000 · paid last 24h +0.037%
Price spread now: Aster against BloFin−0.071%52s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.071%, 7d avg −0.014%
Together, before fees+0.162%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.014%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.73 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
LongBloFin SNXX-USDT17.280−0.1016get 0.1016% / 8h7h 44m$292K$277K25x
ShortAster SNXXUSDT17.268−0.0643pay 0.0643% / 8h7h 44m$49K$493K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$78.26
Price spread: −0.071% → −0.014%
−$5.71
Slippage, 4 orders
−$28.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$23.79
Costs to cover
0.488%
Break-even
4.9 days
Slippage from BloFin: live order book, 30 min ago; Aster: live order book, 53 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 BloFin live order book, 30 min ago5.75 bp11.8 bp −$1213.6 bp −$13634.9 bp −$3,49581.3 bp −$40.6K
Sell Aster live order book, 53 min ago8.62 bp12.6 bp −$1317.4 bp −$174doesn'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
MEXC SNXX_USDT−0.1034%8h17.260−0.116%$13.5M$8.6M50xas long as short
Binance SNXXUSDT−0.1031%8h17.270−0.058%$31.5M$468.5M25xas long as short
BloFin SNXX-USDTlong−0.1016%8h17.280long leg$292K$277K25x
Bitget SNXXUSDT−0.0942%8h17.246−0.197%$3.9M$40.0M20xas long as short
KuCoin SNXXUSDTM−0.0807%8h17.260−0.116%$205K$277K20xas long as short
Aster SNXXUSDTshort−0.0643%8h17.268−0.071%$49K$493K20x
Orderly PERP_SNXX_USDC_mythos−0.0538%8h17.260−0.116%$1K$2K10xas long as short
edgeX SNXXUSDC−0.0437%4h17.264−0.093%$53K$403K10xas long as short
OKX SNXX-USDT-SWAP−0.0415%8h17.250−0.174%$5.0M$62.3M25xas long as short
Gate SNXX_USDT−0.0248%8h17.257−0.133%$4.5M$18.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SNXXUSDT0.0000%8h17.250−0.174%$3.9M$19.9M50xas long as short
SunX SNXX-USDT0.0000%8h17.290+0.058%$4.3M10xas long as short
HTX SNXX-USDT0.0000%8h17.210−0.405%$9K$4K20xas long as short
Phemex SNXXUSDT0.0000%8h17.2800.000%$1.5M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.256−0.139%$147K$716K10xas long as short