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+0.0156%/8h= +17.0% APRnext payment +$1.56 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.069%53s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2112.111% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.069%, 7d avg −0.013%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.082% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNXX-USDT17.410−0.0331get 0.0331% / 8h2h 13m$4.5M10x
ShortGate SNXX_USDT17.422−0.0175pay 0.0175% / 8h2h 13m$4.6M$19.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$32.7
Price spread: +0.069% → −0.013%
$8.2
Slippage, 4 orders
−$188.1
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$170.2
Costs to cover
2.111%
Break-even
43.4 days
Slippage from SunX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago48.78 bp83.2 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.45 bp12.2 bp −$1244.2 bp −$44260.4 bp −$6,036127.5 bp −$63.7K

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
tradeXYZ xyz:SNXX−0.3461%1h17.409−0.006%$147K$736K10xas long as short
Bybit SNXXUSDT−0.2005%8h17.4100.000%$3.9M$19.5M50xas long as short
MEXC SNXX_USDT−0.1541%8h17.430+0.115%$9.1M$7.7M50xas long as short
Binance SNXXUSDT−0.1541%8h17.429+0.108%$31.3M$474.0M25xas long as short
BloFin SNXX-USDT−0.1521%8h17.340−0.402%$286K$278K25xas long as short
HTX SNXX-USDT−0.1253%8h17.350−0.345%$9K$5K10xas long as short
KuCoin SNXXUSDTM−0.1161%8h17.390−0.115%$206K$257K20xas long as short
Bitget SNXXUSDT−0.1107%8h17.418+0.046%$3.9M$40.2M20xas long as short
Aster SNXXUSDT−0.0868%8h17.408−0.012%$52K$490K20xas long as short
OKX SNXX-USDT-SWAP−0.0696%8h17.420+0.057%$5.2M$62.7M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SNXX_USDC_mythos−0.0465%8h17.4100.000%$1K$2K10xas long as short
edgeX SNXXUSDC−0.0362%4h17.350−0.345%$54K$404K10xas long as short
SunX SNXX-USDTlong−0.0331%8h17.410long leg$4.5M10x
Gate SNXX_USDTshort−0.0175%8h17.422+0.069%$4.6M$19.1M50x
Phemex SNXXUSDT0.0000%8h17.420+0.057%$1.6M$1.5M20xas long as short