Settings8H · net · $10k
Funding arb · Price arb /

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.063%
Price spread now: SunX against KuCoin−0.114%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3203.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.114%, 7d avg +0.022%
Together, before fees−0.138%−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.136% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of +0.022%). If the spread goes back, that is −$14 on $10k: about 6.9 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.233%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SNXXUSDTM17.580−0.0066get 0.0066% / 8h5h 45m$208K$403K20x
ShortSunX SNXX-USDT17.5600get 0.0000% / 8h5h 45m$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$13.86
Price spread: −0.114% → +0.022%
−$13.58
Slippage, 4 orders
−$300.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$319.77
Costs to cover
3.200%
Break-even
168.5 days
Slippage from KuCoin: live order book, 59 min ago; SunX: live order book, 6 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, 59 min ago17.28 bp72.2 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago48.23 bp82.9 bp −$83doesn't fitdoesn't fitdoesn't fit

SNXX on 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SNXX_USDC_mythos−0.0592%8h17.5800.000%$1K$2K10xas long as short
Bitget SNXXUSDT−0.0288%8h17.556−0.137%$4.0M$40.1M20xas long as short
KuCoin SNXXUSDTMlong−0.0066%8h17.580long leg$208K$403K20x
BloFin SNXX-USDT−0.0018%8h17.570−0.057%$294K$273K25xas long as short
Aster SNXXUSDT0.0000%8h17.602+0.126%$49K$511K20xas long as short
Binance SNXXUSDT0.0000%8h17.560−0.114%$29.2M$475.0M25xas long as short
Bybit SNXXUSDT0.0000%8h17.560−0.114%$4.0M$20.6M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.550−0.171%$5.1M$64.8M25xas long as short
Gate SNXX_USDT0.0000%8h17.556−0.137%$4.6M$18.6M50xas long as short
MEXC SNXX_USDT0.0000%8h17.570−0.057%$13.3M$8.5M50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SNXX-USDTshort0.0000%8h17.560−0.114%$3.9M10x
Phemex SNXXUSDT0.0000%8h17.560−0.114%$1.6M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.552−0.159%$156K$726K10xas long as short
HTX SNXX-USDT+0.0052%8h17.620+0.228%$10K$4K20xas long as short
edgeX SNXXUSDC+0.0103%4h17.600+0.115%$54K$402K10xas long as short