Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.097%

Price spread now: SunX against MEXC−0.057%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$214as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1711.709% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.431%−$43 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.057%, 7d avg +0.014%

Together, before fees−0.374%−$37 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: SunX is 0.071% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SNXX_USDT	17.560	0	get 0.0000% / 8h	5h 45m	$13.3M	$8.5M	50x
Short	SunX SNXX-USDT	17.550	0	get 0.0000% / 8h	5h 45m	—	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → +0.014%: −$7.05
Slippage, 4 orders: −$162.91
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$177.96
Costs to cover: 1.709%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 6 min ago	2.84 bp	2.8 bp −$3	2.8 bp −$28	7.6 bp −$764	52.2 bp −$26.1K
Sell SunX live order book, 6 min ago	48.23 bp	82.9 bp −$83	doesn't fit	doesn't fit	doesn't fit

SNXX on 15 exchanges

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
Orderly PERP_SNXX_USDC_mythos	−0.0592%	8h	17.610	+0.285%	$1K	$2K	10x	as long as short
Bitget SNXXUSDT	−0.0293%	8h	17.548	−0.068%	$4.0M	$40.0M	20x	as long as short
edgeX SNXXUSDC	−0.0221%	4h	17.619	+0.337%	$54K	$401K	10x	as long as short
KuCoin SNXXUSDTM	−0.0068%	8h	17.580	+0.114%	$208K	$403K	20x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.606	+0.264%	$49K	$511K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.560	0.000%	$29.2M	$475.0M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.560	0.000%	$4.0M	$20.6M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.540	−0.114%	$5.1M	$64.7M	25x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.546	−0.080%	$4.6M	$18.6M	50x	as long as short
MEXC SNXX_USDTlong	0.0000%	8h	17.560	long leg	$13.3M	$8.5M	50x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNXX-USDTshort	0.0000%	8h	17.550	−0.057%	—	$3.9M	10x
Phemex SNXXUSDT	0.0000%	8h	17.550	−0.057%	$1.6M	$1.5M	20x	as long as short
BloFin SNXX-USDT	+0.0004%	8h	17.640	+0.456%	$294K	$274K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.550	−0.057%	$156K	$726K	10x	as long as short
HTX SNXX-USDT	+0.0094%	8h	17.620	+0.342%	$10K	$4K	20x	as long as short