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

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.113%
Price spread now: edgeX against Bybit−0.033%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$580.577% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.511%−$51 on $10k
Price spread, last 4 days (all we have)−0.318%−$32 · spread now −0.033%, 7d avg +0.019%
Together, before fees−0.829%+ Points / potential airdropedgeX: Active · farm board−$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.051% cheaper against Bybit than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.019%). If the spread goes back, that is −$5 on $10k: about 4.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.511%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SNXXUSDT17.400−0.1031get 0.1031% / 8h37m 24s$3.8M$19.8M50x
ShortedgeX SNXXUSDC17.394−0.0988pay 0.0494% / 4h37m 24s$54K$402K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$9.05
Price spread: −0.033% → +0.019%
−$5.15
Slippage, 4 orders
−$37.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$53.84
Costs to cover
0.577%
Break-even
48.7 days
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 1 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 Bybit live order book, 1 min ago2.87 bp13.0 bp −$1326.8 bp −$268doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago11.50 bp16.0 bp −$1661.3 bp −$613doesn'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
BloFin SNXX-USDT−0.1229%8h17.4000.000%$291K$279K25xas long as short
MEXC SNXX_USDT−0.1208%8h17.380−0.115%$9.3M$7.7M50xas long as short
Binance SNXXUSDT−0.1197%8h17.398−0.014%$31.4M$473.2M25xas long as short
Bybit SNXXUSDTlong−0.1031%8h17.400long leg$3.8M$19.8M50x
edgeX SNXXUSDCshort−0.0988%4h17.394−0.033%$54K$402K10x
Bitget SNXXUSDT−0.0984%8h17.393−0.040%$3.9M$40.4M20xas long as short
KuCoin SNXXUSDTM−0.0964%8h17.390−0.057%$206K$245K20xas long as short
Aster SNXXUSDT−0.0700%8h17.388−0.071%$52K$490K20xas long as short
OKX SNXX-USDT-SWAP−0.0556%8h17.4000.000%$5.2M$63.4M25xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0468%8h17.410+0.057%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SNXX-USDT−0.0415%8h17.4000.000%$9K$4K10xas long as short
tradeXYZ xyz:SNXX−0.0300%1h17.383−0.098%$148K$727K10xas long as short
Gate SNXX_USDT−0.0124%8h17.387−0.075%$4.6M$19.0M50xas long as short
SunX SNXX-USDT0.0000%8h17.4000.000%$4.5M10xas long as short
Phemex SNXXUSDT0.0000%8h17.390−0.057%$1.6M$1.5M20xas long as short