Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.099%

Price spread now: edgeX against Gate+0.040%67s7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.655% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.040%, 7d avg +0.039%

Together, before fees−0.272%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNXX_USDT	17.257	−0.0248	get 0.0248% / 8h	7h 44m	$4.5M	$18.4M	50x
Short	edgeX SNXXUSDC	17.264	−0.0437	pay 0.0219% / 4h	3h 44m	$53K	$403K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$39.73
Price spread: +0.040% → +0.039%: $0.06
Slippage, 4 orders: −$41.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$105.16
Costs to cover: 0.655%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 54 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 Gate live order book, 4 min ago	5.22 bp	15.3 bp −$15	36.8 bp −$368	56.2 bp −$5,622	doesn't fit
Sell edgeX live order book, 54 min ago	11.50 bp	16.0 bp −$16	61.3 bp −$613	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
MEXC SNXX_USDT	−0.1034%	8h	17.260	+0.017%	$13.5M	$8.6M	50x	as long as short
Binance SNXXUSDT	−0.1031%	8h	17.270	+0.075%	$31.5M	$468.5M	25x	as long as short
BloFin SNXX-USDT	−0.1016%	8h	17.280	+0.133%	$292K	$277K	25x	as long as short
Bitget SNXXUSDT	−0.0942%	8h	17.246	−0.064%	$3.9M	$40.0M	20x	as long as short
KuCoin SNXXUSDTM	−0.0807%	8h	17.260	+0.017%	$205K	$277K	20x	as long as short
Aster SNXXUSDT	−0.0643%	8h	17.268	+0.062%	$49K	$493K	20x	as long as short
Orderly PERP_SNXX_USDC_mythos	−0.0538%	8h	17.260	+0.017%	$1K	$2K	10x	as long as short
edgeX SNXXUSDCshort	−0.0437%	4h	17.264	+0.040%	$53K	$403K	10x
OKX SNXX-USDT-SWAP	−0.0415%	8h	17.250	−0.041%	$5.0M	$62.3M	25x	as long as short
Gate SNXX_USDTlong	−0.0248%	8h	17.257	long leg	$4.5M	$18.4M	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SNXXUSDT	0.0000%	8h	17.250	−0.041%	$3.9M	$19.9M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.290	+0.191%	—	$4.3M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.210	−0.272%	$9K	$4K	20x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.280	+0.133%	$1.5M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.256	−0.006%	$147K	$716K	10x	as long as short