Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against MEXC+0.056%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$210.213% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 2 days (all we have)−0.075%−$7 · spread now +0.056%, 7d avg +0.033%

Together, before fees−0.072%−$7 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: Binance is 0.023% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SNXX_USDT	17.700	0	get 0.0000% / 8h	46m 23s	$7.6M	$7.5M	50x
Short	Binance SNXXUSDT	17.710	0	get 0.0000% / 8h	46m 23s	$31.8M	$480.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → +0.033%: $2.32
Slippage, 4 orders: −$11.32
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$19
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 12 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 MEXC live order book, 1 min ago	2.83 bp	2.8 bp −$3	4.5 bp −$45	9.8 bp −$984	73.0 bp −$36.5K
Sell Binance live order book, 12 min ago	2.83 bp	7.8 bp −$8	11.2 bp −$112	33.4 bp −$3,340	553.2 bp −$276.6K

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
edgeX SNXXUSDC	−0.0467%	4h	17.704	+0.022%	$55K	$405K	10x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.691	−0.050%	$52K	$573K	20x	as long as short
Binance SNXXUSDTshort	0.0000%	8h	17.710	+0.056%	$31.8M	$480.8M	25x
Bybit SNXXUSDT	0.0000%	8h	17.710	+0.056%	$3.2M	$18.6M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.710	+0.056%	$5.2M	$62.3M	25x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.707	+0.040%	$4.2M	$17.9M	50x	as long as short
MEXC SNXX_USDTlong	0.0000%	8h	17.700	long leg	$7.6M	$7.5M	50x
Bitget SNXXUSDT	0.0000%	8h	17.714	+0.079%	$4.2M	$42.1M	20x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.690	−0.056%	—	$5.2M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.700	0.000%	$10K	$10K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SNXXUSDT	0.0000%	8h	17.710	+0.056%	$1.6M	$1.6M	20x	as long as short
BloFin SNXX-USDT	+0.0012%	8h	17.690	−0.056%	$285K	$282K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.715	+0.085%	$159K	$1.4M	10x	as long as short
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.710	+0.056%	$1K	$2K	10x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.690	−0.056%	$209K	$313K	20x	as long as short