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−0.0157%/8h= −17.2% APRnext payment $1.57 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.173%−$17 on $10k
Price spread, last 7 days+0.012%+$1 · spread now 0.000%, 7d avg +0.026%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.026% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SNXX_USDT17.7900.0157pay 0.0157% / 8h3h 46m$9.2M$7.7M50x
ShortBybit SNXXUSDT17.7900get 0.0000% / 8h3h 46m$3.3M$18.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$32.97
Price spread: 0.000% → +0.026%
−$2.64
Slippage, 4 orders
−$37.21
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$83.82
Costs to cover
0.482%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 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 MEXC live order book, 1 min ago5.62 bp16.0 bp −$1636.7 bp −$36744.0 bp −$4,39991.4 bp −$45.7K
Sell Bybit live order book, 2 min ago2.81 bp14.2 bp −$1428.7 bp −$287doesn't fitdoesn't fit

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−0.2026%1h17.795+0.028%$140K$743K10xas long as short
Bybit SNXXUSDTshort0.0000%8h17.7900.000%$3.3M$18.5M50x
OKX SNXX-USDT-SWAP0.0000%8h17.780−0.056%$5.1M$61.4M25xas long as short
Gate SNXX_USDT0.0000%8h17.7900.000%$4.3M$17.9M50xas long as short
Bitget SNXXUSDT0.0000%8h17.786−0.022%$3.9M$40.3M20xas long as short
SunX SNXX-USDT0.0000%8h17.780−0.056%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.780−0.056%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.780−0.056%$1.6M$1.5M20xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.800+0.056%$210K$286K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.7900.000%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SNXXUSDT+0.0116%8h17.780−0.056%$30.9M$464.4M25xas long as short
BloFin SNXX-USDT+0.0139%8h17.7900.000%$286K$285K25xas long as short
MEXC SNXX_USDTlong+0.0157%8h17.790long leg$9.2M$7.7M50x
Aster SNXXUSDT+0.0330%8h17.816+0.147%$53K$573K20xas long as short
edgeX SNXXUSDC+0.0709%4h17.740−0.283%$55K$404K10xas long as short