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

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h −0.026%
Price spread now: MEXC against edgeX−0.271%53s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.493%+$49 on $10k
Price spread, last 3 days (all we have)+0.223%+$22 · spread now −0.271%, 7d avg −0.037%
Together, before fees+0.716%+ Points / potential airdropedgeX: Active · farm board+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.235% cheaper against edgeX than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of −0.037%). If the spread goes back, that is −$23 on $10k: about 4.4 days of funding at the current rate (+$5 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNXXUSDC17.9490.0673pay 0.0337% / 4h3h 02m$55K$404K10x
ShortMEXC SNXX_USDT17.9000.0853get 0.0853% / 8h7h 02m$7.7M$7.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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
$37.74
Price spread: −0.271% → −0.037%
−$23.5
Slippage, 4 orders
−$66.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$61.35
Costs to cover
0.756%
Break-even
18.4 days
Slippage from edgeX: live order book, 6 min ago; MEXC: live order book, 5 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 edgeX live order book, 6 min ago13.94 bp18.4 bp −$1863.6 bp −$636doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago5.57 bp22.2 bp −$2230.5 bp −$30538.3 bp −$3,83285.9 bp −$43.0K

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
SunX SNXX-USDT0.0000%8h17.910−0.216%$4.8M10xas long as short
Phemex SNXXUSDT0.0000%8h17.900−0.271%$1.6M$1.5M20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.910−0.216%$1K$2K10xas long as short
KuCoin SNXXUSDTM+0.0147%8h17.920−0.160%$212K$306K20xas long as short
OKX SNXX-USDT-SWAP+0.0307%8h17.930−0.104%$5.2M$61.8M25xas long as short
Gate SNXX_USDT+0.0348%8h17.910−0.216%$4.4M$18.0M50xas long as short
Bitget SNXXUSDT+0.0584%8h17.910−0.216%$4.1M$41.3M20xas long as short
Aster SNXXUSDT+0.0657%8h17.914−0.194%$53K$573K20xas long as short
edgeX SNXXUSDClong+0.0673%4h17.949long leg$55K$404K10x
MEXC SNXX_USDTshort+0.0853%8h17.900−0.271%$7.7M$7.5M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SNXXUSDT+0.0858%8h17.900−0.271%$33.7M$466.4M25xas long as short
BloFin SNXX-USDT+0.0868%8h17.900−0.271%$286K$284K25xas long as short
HTX SNXX-USDT+0.2430%8h17.920−0.160%$10K$5K10xas long as short
tradeXYZ xyz:SNXX+0.3093%1h17.921−0.154%$143K$860K10xas long as short
Bybit SNXXUSDT+0.3413%8h17.910−0.216%$3.3M$18.4M50xas long as short