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+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.039%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
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+0.486%+$49 on $10k
Price spread, last 7 days+0.023%+$2 · spread now +0.039%, 7d avg −0.006%
Together, before fees+0.509%+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SNXX_USDT17.7830get 0.0000% / 8h3h 47m$4.3M$17.9M50x
ShortMEXC SNXX_USDT17.7900.0157get 0.0157% / 8h3h 47m$9.2M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$32.97
Price spread: +0.039% → −0.006%
$4.55
Slippage, 4 orders
−$60.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$38.03
Costs to cover
0.756%
Break-even
15.1 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago1.41 bp38.4 bp −$3847.3 bp −$47357.1 bp −$5,705119.8 bp −$59.9K
Sell MEXC live order book, 1 min ago5.62 bp5.6 bp −$66.2 bp −$6212.0 bp −$1,19855.8 bp −$27.9K

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−0.2008%1h17.791+0.045%$140K$743K10xas long as short
Bybit SNXXUSDT0.0000%8h17.790+0.039%$3.3M$18.5M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.770−0.073%$5.1M$61.4M25xas long as short
Gate SNXX_USDTlong0.0000%8h17.783long leg$4.3M$17.9M50x
Bitget SNXXUSDT0.0000%8h17.775−0.045%$3.9M$40.3M20xas long as short
SunX SNXX-USDT0.0000%8h17.780−0.017%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.780−0.017%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.780−0.017%$1.6M$1.5M20xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.810+0.152%$210K$286K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.790+0.039%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNXX-USDT+0.0139%8h17.790+0.039%$286K$285K25xas long as short
Binance SNXXUSDT+0.0142%8h17.780−0.017%$30.9M$464.3M25xas long as short
MEXC SNXX_USDTshort+0.0157%8h17.790+0.039%$9.2M$7.7M50x
Aster SNXXUSDT+0.0336%8h17.818+0.199%$53K$573K20xas long as short
edgeX SNXXUSDC+0.0709%4h17.740−0.243%$55K$404K10xas long as short