Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.056%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1901.905% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.355%−$36 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.056%, 7d avg −0.003%

Together, before fees−0.411%−$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNXXUSDT	17.780	0	get 0.0000% / 8h	3h 45m	$3.3M	$18.5M	50x
Short	SunX SNXX-USDT	17.790	0	get 0.0000% / 8h	3h 45m	—	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → −0.003%: $5.88
Slippage, 4 orders: −$171.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$184.59
Costs to cover: 1.905%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	2.81 bp	12.4 bp −$12	29.5 bp −$295	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	47.85 bp	82.2 bp −$82	doesn't fit	doesn't fit	doesn't fit

SNXX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SNXX	−0.2049%	1h	17.785	+0.028%	$141K	$744K	10x	as long as short
Bybit SNXXUSDTlong	0.0000%	8h	17.780	long leg	$3.3M	$18.5M	50x
OKX SNXX-USDT-SWAP	0.0000%	8h	17.740	−0.225%	$5.1M	$61.3M	25x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.776	−0.022%	$4.3M	$17.9M	50x	as long as short
Bitget SNXXUSDT	0.0000%	8h	17.758	−0.124%	$3.9M	$40.2M	20x	as long as short
SunX SNXX-USDTshort	0.0000%	8h	17.790	+0.056%	—	$4.7M	10x
HTX SNXX-USDT	0.0000%	8h	17.790	+0.056%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.770	−0.056%	$1.6M	$1.5M	20x	as long as short
Binance SNXXUSDT	+0.0093%	8h	17.772	−0.043%	$30.9M	$464.4M	25x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.790	+0.056%	$210K	$286K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.790	+0.056%	$1K	$2K	10x	as long as short
MEXC SNXX_USDT	+0.0115%	8h	17.760	−0.112%	$9.2M	$7.7M	50x	as long as short
BloFin SNXX-USDT	+0.0139%	8h	17.790	+0.056%	$286K	$285K	25x	as long as short
Aster SNXXUSDT	+0.0326%	8h	17.814	+0.191%	$53K	$573K	20x	as long as short
edgeX SNXXUSDC	+0.0709%	4h	17.740	−0.226%	$55K	$404K	10x	as long as short