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+0.0202%/8h= +22.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against BloFin0.000%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now 0.000%, 7d avg −0.067%
Together, before fees−0.218%−$22 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 KuCoin is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SNXX-USDT17.380−0.1146get 0.1146% / 8h30m 44s$291K$279K25x
ShortKuCoin SNXXUSDTM17.380−0.0944pay 0.0944% / 8h30m 44s$205K$246K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$42.32
Price spread: 0.000% → −0.067%
$6.72
Slippage, 4 orders
−$212.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$186.98
Costs to cover
2.360%
Break-even
37.9 days
Slippage from BloFin: live order book, 49 min ago; KuCoin: live order book, 1 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 BloFin live order book, 49 min ago8.62 bp14.6 bp −$1521.3 bp −$21332.7 bp −$3,272118.0 bp −$59.0K
Sell KuCoin live order book, 1 min ago14.38 bp116.1 bp −$116doesn't fitdoesn't fitdoesn't fit

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
MEXC SNXX_USDT−0.1152%8h17.370−0.058%$9.3M$7.7M50xas long as short
Binance SNXXUSDT−0.1151%8h17.3800.000%$31.4M$472.9M25xas long as short
BloFin SNXX-USDTlong−0.1146%8h17.380long leg$291K$279K25x
Bybit SNXXUSDT−0.0981%8h17.3800.000%$3.8M$19.8M50xas long as short
Bitget SNXXUSDT−0.0958%8h17.377−0.017%$3.9M$40.3M20xas long as short
KuCoin SNXXUSDTMshort−0.0944%8h17.3800.000%$205K$246K20x
edgeX SNXXUSDC−0.0682%4h17.377−0.017%$54K$403K10xas long as short
Aster SNXXUSDT−0.0670%8h17.3800.000%$52K$491K20xas long as short
OKX SNXX-USDT-SWAP−0.0530%8h17.3800.000%$5.2M$63.4M25xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0468%8h17.400+0.115%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SNXX-USDT−0.0357%8h17.370−0.058%$9K$4K10xas long as short
tradeXYZ xyz:SNXX−0.0159%1h17.367−0.075%$147K$727K10xas long as short
Gate SNXX_USDT−0.0115%8h17.360−0.115%$4.6M$19.0M50xas long as short
SunX SNXX-USDT0.0000%8h17.390+0.058%$4.5M10xas long as short
Phemex SNXXUSDT0.0000%8h17.3800.000%$1.6M$1.5M20xas long as short