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−0.0259%/8h= −28.4% APRnext payment $2.59 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex−0.115%7-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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.115% cheaper against Phemex than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SNXXUSDT17.3800get 0.0000% / 8h8m 32s$1.6M$1.5M20x
ShortHTX SNXX-USDT17.360−0.0259pay 0.0259% / 8h8m 32s$9K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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
−$54.46
Price spread: −0.115% → 0.000%
−$11.51
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$89.97
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; HTX: no order-book sample. 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 Phemex live order book, 4 min ago2.88 bp60.8 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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
BloFin SNXX-USDT−0.1042%8h17.390+0.058%$290K$279K25xas long as short
MEXC SNXX_USDT−0.1033%8h17.370−0.058%$9.3M$7.7M50xas long as short
Binance SNXXUSDT−0.1030%8h17.3800.000%$31.5M$472.4M25xas long as short
Bitget SNXXUSDT−0.0916%8h17.371−0.052%$4.0M$40.3M20xas long as short
KuCoin SNXXUSDTM−0.0867%8h17.360−0.115%$206K$265K20xas long as short
Bybit SNXXUSDT−0.0820%8h17.370−0.058%$3.8M$19.8M50xas long as short
edgeX SNXXUSDC−0.0793%4h17.353−0.154%$53K$402K10xas long as short
Aster SNXXUSDT−0.0610%8h17.371−0.051%$49K$493K20xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0468%8h17.3800.000%$1K$2K10xas long as short
OKX SNXX-USDT-SWAP−0.0455%8h17.370−0.058%$5.2M$63.3M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SNXX-USDTshort−0.0259%8h17.360−0.115%$9K$4K20x
tradeXYZ xyz:SNXX−0.0110%1h17.362−0.104%$147K$727K10xas long as short
Gate SNXX_USDT−0.0096%8h17.362−0.104%$4.6M$19.1M50xas long as short
SunX SNXX-USDT0.0000%8h17.370−0.058%$4.5M10xas long as short
Phemex SNXXUSDTlong0.0000%8h17.380long leg$1.6M$1.5M20x