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: Bybit against OKX+0.169%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 7 days−0.121%−$12 · spread now +0.169%, 7d avg +0.024%

Together, before fees+0.031%+$3 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: Bybit is 0.145% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNXX-USDT-SWAP	17.730	0	get 0.0000% / 8h	3h 49m	$5.1M	$61.2M	25x
Short	Bybit SNXXUSDT	17.760	0	get 0.0000% / 8h	3h 49m	$3.3M	$18.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.169%Rate

Funding earned: $0
Price spread: +0.169% → +0.024%: $14.54
Slippage, 4 orders: −$25.37
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.83
Costs to cover: 0.464%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 4 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 OKX live order book, 5 min ago	2.81 bp	10.5 bp −$10	17.4 bp −$174	180.1 bp −$18.0K	doesn't fit
Sell Bybit live order book, 4 min ago	2.80 bp	16.2 bp −$16	29.6 bp −$296	doesn't fit	doesn't fit

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
tradeXYZ xyz:SNXX	−0.1859%	1h	17.788	+0.327%	$140K	$742K	10x	as long as short
edgeX SNXXUSDC	−0.0768%	4h	17.823	+0.526%	$55K	$403K	10x	as long as short
Bybit SNXXUSDTshort	0.0000%	8h	17.760	+0.169%	$3.3M	$18.5M	50x
OKX SNXX-USDT-SWAPlong	0.0000%	8h	17.730	long leg	$5.1M	$61.2M	25x
Gate SNXX_USDT	0.0000%	8h	17.754	+0.135%	$4.3M	$17.8M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.740	+0.056%	—	$4.7M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.780	+0.282%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.740	+0.056%	$1.6M	$1.5M	20x	as long as short
Bitget SNXXUSDT	+0.0043%	8h	17.736	+0.034%	$3.9M	$40.3M	20x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.830	+0.564%	$211K	$286K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.790	+0.338%	$1K	$2K	10x	as long as short
Binance SNXXUSDT	+0.0209%	8h	17.741	+0.064%	$30.8M	$463.9M	25x	as long as short
BloFin SNXX-USDT	+0.0234%	8h	17.740	+0.056%	$285K	$284K	25x	as long as short
MEXC SNXX_USDT	+0.0239%	8h	17.760	+0.169%	$9.2M	$7.7M	50x	as long as short
Aster SNXXUSDT	+0.0349%	8h	17.832	+0.575%	$53K	$573K	20x	as long as short