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+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against MEXC+0.058%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2132.125% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.202%−$20 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.058%, 7d avg −0.009%
Together, before fees−0.280%−$28 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 0.066% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SNXX_USDT17.370−0.1150get 0.1150% / 8h30m 38s$9.3M$7.7M50x
ShortKuCoin SNXXUSDTM17.380−0.0941pay 0.0941% / 8h30m 38s$205K$246K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$43.89
Price spread: +0.058% → −0.009%
$6.63
Slippage, 4 orders
−$200.54
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$162.02
Costs to cover
2.125%
Break-even
32.8 days
Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago2.88 bp2.9 bp −$32.9 bp −$297.8 bp −$77764.5 bp −$32.2K
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_USDTlong−0.1150%8h17.370long leg$9.3M$7.7M50x
BloFin SNXX-USDT−0.1146%8h17.380+0.058%$291K$279K25xas long as short
Binance SNXXUSDT−0.1140%8h17.3700.000%$31.4M$472.8M25xas long as short
Bybit SNXXUSDT−0.0975%8h17.380+0.058%$3.8M$19.8M50xas long as short
Bitget SNXXUSDT−0.0954%8h17.378+0.046%$3.9M$40.3M20xas long as short
KuCoin SNXXUSDTMshort−0.0941%8h17.380+0.058%$205K$246K20x
edgeX SNXXUSDC−0.0682%4h17.377+0.041%$54K$403K10xas long as short
Aster SNXXUSDT−0.0665%8h17.380+0.058%$52K$491K20xas long as short
OKX SNXX-USDT-SWAP−0.0530%8h17.380+0.058%$5.2M$63.4M25xas long as short
Orderly PERP_SNXX_USDC_mythos−0.0468%8h17.400+0.173%$1K$2K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SNXX-USDT−0.0357%8h17.3700.000%$9K$4K10xas long as short
tradeXYZ xyz:SNXX−0.0159%1h17.367−0.017%$147K$727K10xas long as short
Gate SNXX_USDT−0.0114%8h17.365−0.029%$4.6M$19.0M50xas long as short
SunX SNXX-USDT0.0000%8h17.390+0.115%$4.5M10xas long as short
Phemex SNXXUSDT0.0000%8h17.380+0.058%$1.6M$1.5M20xas long as short