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+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin−0.091%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2852.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.091%, 7d avg +0.023%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.114% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNXXUSDTM17.550−0.0572get 0.0572% / 8h2h 48m$207K$269K20x
ShortBitget SNXXUSDT17.534−0.0477pay 0.0477% / 8h2h 48m$3.9M$40.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
$19.95
Price spread: −0.091% → +0.023%
−$11.42
Slippage, 4 orders
−$260.92
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$276.39
Costs to cover
2.849%
Break-even
104.0 days
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 5 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 KuCoin live order book, 8 min ago11.42 bp149.5 bp −$150doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.71 bp17.1 bp −$1727.0 bp −$27039.7 bp −$3,97479.0 bp −$39.5K

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−0.2061%1h17.548−0.011%$144K$752K10xas long as short
Bybit SNXXUSDT−0.1426%8h17.570+0.114%$3.6M$19.1M50xas long as short
HTX SNXX-USDT−0.0866%8h17.580+0.171%$9K$5K10xas long as short
MEXC SNXX_USDT−0.0729%8h17.540−0.057%$9.1M$7.7M50xas long as short
Binance SNXXUSDT−0.0729%8h17.551+0.008%$31.0M$474.7M25xas long as short
BloFin SNXX-USDT−0.0722%8h17.540−0.057%$280K$281K25xas long as short
KuCoin SNXXUSDTMlong−0.0572%8h17.550long leg$207K$269K20x
edgeX SNXXUSDC−0.0511%4h17.563+0.077%$54K$403K10xas long as short
Bitget SNXXUSDTshort−0.0477%8h17.534−0.091%$3.9M$40.2M20x
Orderly PERP_SNXX_USDC_mythos−0.0260%8h17.570+0.114%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNXX-USDT-SWAP−0.0198%8h17.540−0.057%$5.1M$63.3M25xas long as short
SunX SNXX-USDT−0.0107%8h17.560+0.057%$4.6M10xas long as short
Aster SNXXUSDT−0.0077%8h17.571+0.120%$52K$490K20xas long as short
Gate SNXX_USDT0.0000%8h17.540−0.057%$4.2M$18.3M50xas long as short
Phemex SNXXUSDT0.0000%8h17.530−0.114%$1.6M$1.5M20xas long as short