Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Gate−0.051%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.051%, 7d avg −0.004%

Together, before fees+0.239%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.047% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNXX_USDT	17.789	0	get 0.0000% / 8h	3h 48m	$4.3M	$17.9M	50x
Short	OKX SNXX-USDT-SWAP	17.780	0	get 0.0000% / 8h	3h 48m	$5.1M	$61.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → −0.004%: −$4.71
Slippage, 4 orders: −$47.21
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$76.92
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago	1.41 bp	38.4 bp −$38	47.3 bp −$473	57.1 bp −$5,705	119.8 bp −$59.9K
Sell OKX live order book, 6 min ago	2.81 bp	7.8 bp −$8	13.9 bp −$139	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
tradeXYZ xyz:SNXX	−0.1982%	1h	17.802	+0.073%	$140K	$742K	10x	as long as short
edgeX SNXXUSDC	−0.0768%	4h	17.823	+0.193%	$55K	$403K	10x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.790	+0.006%	$3.3M	$18.5M	50x	as long as short
OKX SNXX-USDT-SWAPshort	0.0000%	8h	17.780	−0.051%	$5.1M	$61.4M	25x
Gate SNXX_USDTlong	0.0000%	8h	17.789	long leg	$4.3M	$17.9M	50x
SunX SNXX-USDT	0.0000%	8h	17.760	−0.163%	—	$4.7M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.780	−0.051%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.780	−0.051%	$1.6M	$1.5M	20x	as long as short
Bitget SNXXUSDT	+0.0013%	8h	17.795	+0.034%	$4.0M	$40.3M	20x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.820	+0.174%	$211K	$286K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.770	−0.107%	$1K	$2K	10x	as long as short
Binance SNXXUSDT	+0.0157%	8h	17.790	+0.006%	$30.9M	$464.2M	25x	as long as short
MEXC SNXX_USDT	+0.0209%	8h	17.780	−0.051%	$9.2M	$7.7M	50x	as long as short
BloFin SNXX-USDT	+0.0234%	8h	17.740	−0.275%	$285K	$284K	25x	as long as short
Aster SNXXUSDT	+0.0345%	8h	17.823	+0.190%	$53K	$573K	20x	as long as short