Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.001%

Price spread now: tradeXYZ against Orderly+0.022%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. tradeXYZ is 0.022% dearer against Orderly than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SNXX_USDC_mythos	17.860	0.0100	pay 0.0100% / 8h	5h 50m	$1K	$2K	10x
Short	tradeXYZ xyz:SNXX	17.864	0.0050	get 0.0006% / 1h	50m 55s	$141K	$795K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee OrderlybpFee tradeXYZbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$10.5
Price spread: +0.022% → 0.000%: $2.24
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$32.26
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 36 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 36 min ago	2.52 bp	23.7 bp −$24	doesn't fit	doesn't fit	doesn'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 14 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
edgeX SNXXUSDC	−0.0790%	4h	17.853	−0.041%	$55K	$404K	10x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.863	+0.017%	$4.3M	$17.7M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.860	0.000%	—	$4.7M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.840	−0.112%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.860	0.000%	$1.6M	$1.5M	20x	as long as short
Bybit SNXXUSDT	+0.0022%	8h	17.870	+0.056%	$3.3M	$18.3M	50x	as long as short
tradeXYZ xyz:SNXXshort	+0.0050%	1h	17.864	+0.022%	$141K	$795K	10x
OKX SNXX-USDT-SWAP	+0.0052%	8h	17.860	0.000%	$5.1M	$61.2M	25x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.850	−0.056%	$211K	$307K	20x	as long as short
Orderly PERP_SNXX_USDC_mythoslong	+0.0100%	8h	17.860	long leg	$1K	$2K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNXXUSDT	+0.0184%	8h	17.863	+0.017%	$4.1M	$40.5M	20x	as long as short
MEXC SNXX_USDT	+0.0431%	8h	17.850	−0.056%	$9.3M	$7.7M	50x	as long as short
Binance SNXXUSDT	+0.0432%	8h	17.860	+0.001%	$32.5M	$462.3M	25x	as long as short
Aster SNXXUSDT	+0.0491%	8h	17.850	−0.057%	$53K	$573K	20x	as long as short