Settings8H · net · $10k
Funding arb · Price arb /

SNXX

RWAall SNXX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0167%/8h= +18.3% APRnext payment +$1.67 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against OKX+0.046%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.129%−$13 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.046%, 7d avg +0.004%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.042% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.129%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SNXX-USDT-SWAP17.250−0.0415get 0.0415% / 8h7h 44m$5.0M$62.3M25x
ShortGate SNXX_USDT17.258−0.0248pay 0.0248% / 8h7h 44m$4.5M$18.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$35.16
Price spread: +0.046% → +0.004%
$4.21
Slippage, 4 orders
−$30
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$15.63
Costs to cover
0.550%
Break-even
10.1 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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 OKX live order book, 5 min ago2.90 bp13.6 bp −$1421.2 bp −$212122.4 bp −$12.2Kdoesn't fit
Sell Gate live order book, 5 min ago5.22 bp18.2 bp −$1842.5 bp −$42559.3 bp −$5,927doesn'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
MEXC SNXX_USDT−0.1034%8h17.240−0.058%$13.5M$8.6M50xas long as short
Binance SNXXUSDT−0.1031%8h17.270+0.116%$31.5M$468.5M25xas long as short
BloFin SNXX-USDT−0.1016%8h17.280+0.174%$292K$277K25xas long as short
Bitget SNXXUSDT−0.0942%8h17.255+0.029%$3.9M$40.0M20xas long as short
KuCoin SNXXUSDTM−0.0807%8h17.2500.000%$205K$277K20xas long as short
Aster SNXXUSDT−0.0643%8h17.267+0.099%$49K$493K20xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0538%8h17.260+0.058%$1K$2K10xas long as short
edgeX SNXXUSDC−0.0437%4h17.264+0.081%$53K$403K10xas long as short
OKX SNXX-USDT-SWAPlong−0.0415%8h17.250long leg$5.0M$62.3M25x
Gate SNXX_USDTshort−0.0248%8h17.258+0.046%$4.5M$18.4M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SNXXUSDT0.0000%8h17.270+0.116%$3.9M$19.9M50xas long as short
SunX SNXX-USDT0.0000%8h17.260+0.058%$4.3M10xas long as short
HTX SNXX-USDT0.0000%8h17.210−0.232%$9K$4K20xas long as short
Phemex SNXXUSDT0.0000%8h17.260+0.058%$1.5M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.259+0.052%$147K$716K10xas long as short