Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0789%/8h= −86.4% APRpaid last 24h +0.080%

Price spread now: Orderly against edgeX−0.135%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Orderly is 0.135% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SNXXUSDC	17.283	0.0245	pay 0.0123% / 4h	3h 43m	$53K	$403K	10x
Short	Orderly PERP_SNXX_USDC_mythos	17.260	−0.0544	pay 0.0544% / 8h	7h 43m	$1K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee edgeXbpFee OrderlybpOrdersPrice spread, now −0.135%Rate

Funding earned: −$165.79
Price spread: −0.135% → 0.000%: −$13.5
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$194.28
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 55 min ago; Orderly: no order-book sample. Net counts fees only.

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 edgeX live order book, 55 min ago	11.50 bp	16.0 bp −$16	60.7 bp −$607	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin SNXX-USDT	−0.1052%	8h	17.240	−0.251%	$291K	$276K	25x	as long as short
MEXC SNXX_USDT	−0.1031%	8h	17.240	−0.251%	$13.5M	$8.6M	50x	as long as short
Binance SNXXUSDT	−0.1023%	8h	17.250	−0.193%	$31.4M	$468.7M	25x	as long as short
Bitget SNXXUSDT	−0.0940%	8h	17.241	−0.245%	$3.9M	$40.0M	20x	as long as short
KuCoin SNXXUSDTM	−0.0804%	8h	17.240	−0.251%	$205K	$277K	20x	as long as short
Aster SNXXUSDT	−0.0639%	8h	17.265	−0.105%	$49K	$493K	20x	as long as short
Orderly PERP_SNXX_USDC_mythosshort	−0.0544%	8h	17.260	−0.135%	$1K	$2K	10x
OKX SNXX-USDT-SWAP	−0.0415%	8h	17.250	−0.193%	$5.0M	$62.3M	25x	as long as short
Gate SNXX_USDT	−0.0181%	8h	17.235	−0.280%	$4.5M	$18.5M	50x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.250	−0.193%	$3.9M	$19.9M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNXX-USDT	0.0000%	8h	17.240	−0.251%	—	$4.3M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.210	−0.424%	$9K	$4K	20x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.240	−0.251%	$1.5M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.235	−0.280%	$147K	$716K	10x	as long as short
edgeX SNXXUSDClong	+0.0245%	4h	17.283	long leg	$53K	$403K	10x