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+0.0268%/8h= +29.4% APRnext payment +$2.68 per $10,000 · paid last 24h +0.087%
Price spread now: Gate against BloFin+0.150%93s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.387%−$39 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.150%, 7d avg −0.052%
Together, before fees−0.551%−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.202% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.387%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNXX-USDT17.350−0.0268get 0.0268% / 8h6h 17m$290K$278K25x
ShortGate SNXX_USDT17.3760get 0.0000% / 8h6h 17m$4.5M$18.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$56.37
Price spread: +0.150% → −0.052%
$20.19
Slippage, 4 orders
−$34.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$15.31
Costs to cover
0.613%
Break-even
5.1 days
Slippage from BloFin: live order book, 29 min ago; Gate: 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 BloFin live order book, 29 min ago8.68 bp14.7 bp −$1522.0 bp −$22051.1 bp −$5,115164.0 bp −$82.0K
Sell Gate live order book, 4 min ago4.03 bp12.9 bp −$1337.1 bp −$37153.2 bp −$5,318118.3 bp −$59.2K

SNXX on 15 exchanges

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−0.0783%4h17.377+0.153%$54K$401K10xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0623%8h17.370+0.115%$1K$2K10xas long as short
Bitget SNXXUSDT−0.0443%8h17.389+0.225%$4.0M$40.0M20xas long as short
KuCoin SNXXUSDTM−0.0298%8h17.380+0.173%$206K$371K20xas long as short
BloFin SNXX-USDTlong−0.0268%8h17.350long leg$290K$278K25x
MEXC SNXX_USDT−0.0252%8h17.390+0.231%$13.2M$8.6M50xas long as short
Binance SNXXUSDT−0.0243%8h17.390+0.231%$30.3M$469.5M25xas long as short
Aster SNXXUSDT−0.0071%8h17.386+0.208%$49K$500K20xas long as short
OKX SNXX-USDT-SWAP−0.0011%8h17.380+0.173%$5.2M$63.3M25xas long as short
Bybit SNXXUSDT0.0000%8h17.390+0.231%$4.0M$20.4M50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SNXX_USDTshort0.0000%8h17.376+0.150%$4.5M$18.7M50x
SunX SNXX-USDT0.0000%8h17.380+0.173%$4.0M10xas long as short
HTX SNXX-USDT0.0000%8h17.370+0.115%$9K$4K20xas long as short
Phemex SNXXUSDT0.0000%8h17.390+0.231%$1.5M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.406+0.323%$153K$703K10xas long as short