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+0.1987%/8h= +217.6% APRnext payment +$19.87 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against Orderly+0.226%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and Bybit is 0.226% dearer against Orderly than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SNXX_USDC_mythos17.7100.0100pay 0.0100% / 8h7h 54m$1K$2K10x
ShortBybit SNXXUSDT17.7500.2087get 0.2087% / 8h7h 54m$3.3M$18.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$417.34
Price spread: +0.226% → 0.000%
$22.59
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$422.93
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago2.83 bp9.6 bp −$1036.4 bp −$364doesn't fitdoesn't fit
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
Aster SNXXUSDT0.0000%8h17.696−0.082%$52K$573K20xas long as short
Binance SNXXUSDT0.0000%8h17.750+0.226%$33.1M$475.0M25xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.750+0.226%$5.1M$62.0M25xas long as short
Gate SNXX_USDT0.0000%8h17.740+0.169%$4.2M$17.6M50xas long as short
MEXC SNXX_USDT0.0000%8h17.730+0.113%$7.6M$7.5M50xas long as short
Bitget SNXXUSDT0.0000%8h17.754+0.248%$4.2M$41.6M20xas long as short
SunX SNXX-USDT0.0000%8h17.740+0.169%$5.0M10xas long as short
Phemex SNXXUSDT0.0000%8h17.740+0.169%$1.6M$1.5M20xas long as short
BloFin SNXX-USDT+0.0009%8h17.740+0.169%$282K$282K25xas long as short
Orderly PERP_SNXX_USDC_mythoslong+0.0100%8h17.710long leg$1K$2K10x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNXXUSDTM+0.0100%8h17.690−0.113%$209K$310K20xas long as short
edgeX SNXXUSDC+0.0236%4h17.715+0.026%$55K$403K10xas long as short
HTX SNXX-USDT+0.0504%8h17.730+0.113%$10K$7K10xas long as short
tradeXYZ xyz:SNXX+0.1235%1h17.728+0.102%$158K$1.2M10xas long as short
Bybit SNXXUSDTshort+0.2087%8h17.750+0.226%$3.3M$18.6M50x