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+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX+0.050%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1901.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.313%+$31 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.050%, 7d avg −0.003%
Together, before fees+0.307%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNXX-USDT17.8900get 0.0000% / 8h5h 32m$4.7M10x
ShortBitget SNXXUSDT17.8990.0192get 0.0192% / 8h5h 32m$4.1M$40.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
$40.32
Price spread: +0.050% → −0.003%
$5.31
Slippage, 4 orders
−$170.35
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$144.72
Costs to cover
1.903%
Break-even
32.1 days
Slippage from SunX: live order book, 6 min ago; Bitget: live order book, 2 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 SunX live order book, 6 min ago47.55 bp81.3 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.40 bp13.6 bp −$1435.0 bp −$35041.9 bp −$4,19374.8 bp −$37.4K

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
Gate SNXX_USDT0.0000%8h17.899+0.050%$4.3M$17.8M50xas long as short
SunX SNXX-USDTlong0.0000%8h17.890long leg$4.7M10x
HTX SNXX-USDT0.0000%8h17.840−0.279%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.8900.000%$1.6M$1.5M20xas long as short
tradeXYZ xyz:SNXX+0.0050%1h17.886−0.022%$141K$781K10xas long as short
Bybit SNXXUSDT+0.0059%8h17.900+0.056%$3.3M$18.3M50xas long as short
OKX SNXX-USDT-SWAP+0.0061%8h17.900+0.056%$5.1M$61.4M25xas long as short
KuCoin SNXXUSDTM+0.0100%8h17.860−0.168%$211K$303K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.8900.000%$1K$2K10xas long as short
Bitget SNXXUSDTshort+0.0192%8h17.899+0.050%$4.1M$40.5M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SNXX_USDT+0.0422%8h17.880−0.056%$9.3M$7.7M50xas long as short
Binance SNXXUSDT+0.0431%8h17.896+0.032%$32.4M$462.2M25xas long as short
BloFin SNXX-USDT+0.0438%8h17.880−0.056%$287K$286K25xas long as short
edgeX SNXXUSDC+0.0457%4h17.879−0.062%$55K$404K10xas long as short
Aster SNXXUSDT+0.0467%8h17.871−0.104%$53K$573K20xas long as short