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: Bitget against MEXC+0.192%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$550.550% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$21 on $10k

Price spread, last 7 days−0.219%−$22 · spread now +0.192%, 7d avg +0.012%

Together, before fees−0.434%−$43 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: Bitget is 0.179% dearer against MEXC than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SNXX_USDT	17.740	0	get 0.0000% / 8h	7h 53m	$7.6M	$7.5M	50x
Short	Bitget SNXXUSDT	17.774	0	get 0.0000% / 8h	7h 53m	$4.2M	$41.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.192%Rate

Funding earned: $0
Price spread: +0.192% → +0.012%: $17.94
Slippage, 4 orders: −$42.96
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$37.02
Costs to cover: 0.550%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 1 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, 5 min ago	5.65 bp	8.9 bp −$9	11.1 bp −$111	13.4 bp −$1,336	76.4 bp −$38.2K
Sell Bitget live order book, 1 min ago	1.41 bp	16.5 bp −$17	35.1 bp −$351	42.0 bp −$4,201	75.7 bp −$37.8K

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
Aster SNXXUSDT	0.0000%	8h	17.713	−0.153%	$52K	$573K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.763	+0.131%	$33.2M	$474.6M	25x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.770	+0.169%	$5.1M	$62.1M	25x	as long as short
MEXC SNXX_USDTlong	0.0000%	8h	17.740	long leg	$7.6M	$7.5M	50x
Bitget SNXXUSDTshort	0.0000%	8h	17.774	+0.192%	$4.2M	$41.6M	20x
SunX SNXX-USDT	0.0000%	8h	17.770	+0.169%	—	$5.0M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.770	+0.169%	$1.6M	$1.5M	20x	as long as short
Gate SNXX_USDT	+0.0007%	8h	17.766	+0.147%	$4.2M	$17.6M	50x	as long as short
BloFin SNXX-USDT	+0.0026%	8h	17.780	+0.225%	$281K	$283K	25x	as long as short
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.740	0.000%	$1K	$2K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SNXXUSDTM	+0.0100%	8h	17.700	−0.225%	$209K	$310K	20x	as long as short
edgeX SNXXUSDC	+0.0236%	4h	17.715	−0.143%	$55K	$403K	10x	as long as short
HTX SNXX-USDT	+0.1126%	8h	17.730	−0.056%	$10K	$7K	10x	as long as short
tradeXYZ xyz:SNXX	+0.1579%	1h	17.752	+0.068%	$148K	$1.2M	10x	as long as short
Bybit SNXXUSDT	+0.2479%	8h	17.760	+0.113%	$3.3M	$18.6M	50x	as long as short