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−0.0671%/8h= −73.5% APRnext payment $6.71 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Gate+0.269%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.312%+$31 on $10k
Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.269%, 7d avg +0.032%
Together, before fees−0.005%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.236% dearer against Gate than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of +0.032%): +$24 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.312%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.312% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SNXX_USDT17.368−0.0178get 0.0178% / 8h2h 17m$4.5M$19.0M50x
ShortAster SNXXUSDT17.415−0.0849pay 0.0849% / 8h2h 17m$52K$490K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$140.93
Price spread: +0.269% → +0.032%
$23.64
Slippage, 4 orders
−$46.09
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$186.37
Costs to cover
0.691%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 30 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 Gate live order book, 2 min ago3.45 bp32.0 bp −$3249.2 bp −$49260.6 bp −$6,065doesn't fit
Sell Aster live order book, 30 min ago5.72 bp9.7 bp −$1017.7 bp −$177doesn'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
tradeXYZ xyz:SNXX−0.3604%1h17.386+0.104%$148K$743K10xas long as short
Bybit SNXXUSDT−0.2048%8h17.400+0.184%$3.9M$19.5M50xas long as short
BloFin SNXX-USDT−0.1526%8h17.370+0.012%$286K$278K25xas long as short
MEXC SNXX_USDT−0.1522%8h17.390+0.127%$9.1M$7.7M50xas long as short
Binance SNXXUSDT−0.1519%8h17.392+0.138%$31.3M$473.9M25xas long as short
HTX SNXX-USDT−0.1269%8h17.390+0.127%$9K$5K10xas long as short
KuCoin SNXXUSDTM−0.1156%8h17.370+0.012%$205K$257K20xas long as short
Bitget SNXXUSDT−0.1100%8h17.372+0.023%$3.9M$40.1M20xas long as short
Aster SNXXUSDTshort−0.0849%8h17.415+0.269%$52K$490K20x
OKX SNXX-USDT-SWAP−0.0688%8h17.350−0.104%$5.2M$62.4M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SNXXUSDC−0.0512%4h17.387+0.112%$54K$403K10xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0464%8h17.410+0.242%$1K$2K10xas long as short
SunX SNXX-USDT−0.0354%8h17.400+0.184%$4.5M10xas long as short
Gate SNXX_USDTlong−0.0178%8h17.368long leg$4.5M$19.0M50x
Phemex SNXXUSDT0.0000%8h17.370+0.012%$1.6M$1.5M20xas long as short