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+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h −0.026%
Price spread now: BloFin against Orderly−0.169%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.169% cheaper against Orderly than usual: you would sell low and buy high (spread −0.169% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 4.2 days of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SNXX_USDC_mythos17.7700.0100pay 0.0100% / 8h3h 48m$1K$2K10x
ShortBloFin SNXX-USDT17.7400.0234get 0.0234% / 8h3h 48m$285K$284K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$28.14
Price spread: −0.169% → 0.000%
−$16.88
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.74
Costs to cover
0.180%
Break-even
8.7 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BloFin live order book, 46 min ago2.79 bp8.8 bp −$913.1 bp −$13137.9 bp −$3,791123.4 bp −$61.7K
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1982%1h17.802+0.180%$140K$742K10xas long as short
edgeX SNXXUSDC−0.0768%4h17.823+0.300%$55K$403K10xas long as short
Bybit SNXXUSDT0.0000%8h17.790+0.113%$3.3M$18.5M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.780+0.056%$5.1M$61.4M25xas long as short
Gate SNXX_USDT0.0000%8h17.789+0.107%$4.3M$17.9M50xas long as short
SunX SNXX-USDT0.0000%8h17.760−0.056%$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
Bitget SNXXUSDT+0.0013%8h17.787+0.096%$4.0M$40.3M20xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.820+0.281%$211K$286K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SNXX_USDC_mythoslong+0.0100%8h17.770long leg$1K$2K10x
Binance SNXXUSDT+0.0157%8h17.790+0.113%$30.9M$464.2M25xas long as short
MEXC SNXX_USDT+0.0209%8h17.780+0.056%$9.2M$7.7M50xas long as short
BloFin SNXX-USDTshort+0.0234%8h17.740−0.169%$285K$284K25x
Aster SNXXUSDT+0.0345%8h17.822+0.290%$53K$573K20xas long as short