SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0612%/8h= +67.0% APRnext payment +$6.12 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX+0.112%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1891.890% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.355%+$36 on $10k

Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.112%, 7d avg +0.001%

Together, before fees+0.216%+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bybit is 0.112% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.001%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.355% in total (about 18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNXX-USDT	17.830	0	get 0.0000% / 8h	6h 20m	—	$4.8M	10x
Short	Bybit SNXXUSDT	17.850	0.0612	get 0.0612% / 8h	6h 20m	$3.3M	$18.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now +0.112%Rate

Funding earned: $128.42
Price spread: +0.112% → +0.001%: $11.16
Slippage, 4 orders: −$169.96
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$49.37
Costs to cover: 1.890%
Break-even: 9.7 days

Slippage from SunX: live order book, 8 min ago; Bybit: live order book, 3 min ago.

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 SunX live order book, 8 min ago	47.53 bp	81.2 bp −$81	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.80 bp	13.7 bp −$14	26.3 bp −$263	doesn't fit	doesn't fit

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
Gate SNXX_USDT	0.0000%	8h	17.836	+0.034%	$4.3M	$17.9M	50x	as long as short
SunX SNXX-USDTlong	0.0000%	8h	17.830	long leg	—	$4.8M	10x
HTX SNXX-USDT	0.0000%	8h	17.890	+0.337%	$10K	$6K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.820	−0.056%	$1.6M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.854	+0.135%	$141K	$840K	10x	as long as short
KuCoin SNXXUSDTM	+0.0100%	8h	17.860	+0.168%	$211K	$309K	20x	as long as short
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.870	+0.224%	$1K	$2K	10x	as long as short
OKX SNXX-USDT-SWAP	+0.0168%	8h	17.830	0.000%	$5.2M	$61.5M	25x	as long as short
edgeX SNXXUSDC	+0.0266%	4h	17.861	+0.176%	$55K	$404K	10x	as long as short
Bitget SNXXUSDT	+0.0357%	8h	17.831	+0.006%	$4.0M	$40.9M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SNXXUSDT	+0.0574%	8h	17.866	+0.203%	$53K	$573K	20x	as long as short
Bybit SNXXUSDTshort	+0.0612%	8h	17.850	+0.112%	$3.3M	$18.3M	50x
Binance SNXXUSDT	+0.0643%	8h	17.824	−0.036%	$32.6M	$465.8M	25x	as long as short
MEXC SNXX_USDT	+0.0648%	8h	17.830	0.000%	$8.4M	$7.6M	50x	as long as short