Funding arb · Price arb /

SNXX

RWAall SNXX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%

Price spread now: OKX against SunX+0.057%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1821.816% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.057%, 7d avg −0.002%

Together, before fees+0.105%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.059% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SNXX-USDT	17.610	0	get 0.0000% / 8h	5h 49m	—	$3.9M	10x
Short	OKX SNXX-USDT-SWAP	17.620	0	get 0.0000% / 8h	5h 49m	$5.2M	$65.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → −0.002%: $5.9
Slippage, 4 orders: −$163.57
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$175.67
Costs to cover: 1.816%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; OKX: 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, 12 min ago	48.20 bp	82.2 bp −$82	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.84 bp	8.6 bp −$9	16.9 bp −$169	117.5 bp −$11.8K	doesn't fit

SNXX on 15 exchanges

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
Orderly PERP_SNXX_USDC_mythos	−0.0592%	8h	17.620	+0.057%	$1K	$2K	10x	as long as short
Bitget SNXXUSDT	−0.0306%	8h	17.614	+0.023%	$4.0M	$40.1M	20x	as long as short
edgeX SNXXUSDC	−0.0221%	4h	17.619	+0.052%	$54K	$401K	10x	as long as short
KuCoin SNXXUSDTM	−0.0078%	8h	17.620	+0.057%	$209K	$401K	20x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.625	+0.083%	$49K	$511K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.617	+0.041%	$29.1M	$474.5M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.630	+0.114%	$4.0M	$20.6M	50x	as long as short
OKX SNXX-USDT-SWAPshort	0.0000%	8h	17.620	+0.057%	$5.2M	$65.0M	25x
Gate SNXX_USDT	0.0000%	8h	17.616	+0.034%	$4.6M	$18.5M	50x	as long as short
MEXC SNXX_USDT	0.0000%	8h	17.610	0.000%	$13.4M	$8.5M	50x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNXX-USDTlong	0.0000%	8h	17.610	long leg	—	$3.9M	10x
Phemex SNXXUSDT	0.0000%	8h	17.620	+0.057%	$1.6M	$1.5M	20x	as long as short
BloFin SNXX-USDT	+0.0003%	8h	17.620	+0.057%	$294K	$278K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.605	−0.028%	$154K	$723K	10x	as long as short
HTX SNXX-USDT	+0.0157%	8h	17.620	+0.057%	$10K	$4K	20x	as long as short