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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX0.000%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3573.573% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.325%+$33 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now 0.000%, 7d avg −0.033%
Together, before fees+0.409%+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.033% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SNXX-USDT17.9100get 0.0000% / 8h4h 33m$4.7M10x
ShortKuCoin SNXXUSDTM17.9100.0100get 0.0100% / 8h4h 33m$212K$295K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: 0.000% → −0.033%
$3.32
Slippage, 4 orders
−$337.26
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$332.93
Costs to cover
3.573%
Break-even
118.0 days
Slippage from SunX: live order book, 6 min ago; KuCoin: live order book, 48 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, 6 min ago47.45 bp80.9 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 48 min ago11.17 bp105.4 bp −$105doesn'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
edgeX SNXXUSDC−0.0801%4h17.912+0.010%$55K$404K10xas long as short
Gate SNXX_USDT0.0000%8h17.915+0.028%$4.3M$17.9M50xas long as short
SunX SNXX-USDTlong0.0000%8h17.910long leg$4.7M10x
HTX SNXX-USDT0.0000%8h17.9100.000%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.900−0.056%$1.6M$1.5M20xas long as short
OKX SNXX-USDT-SWAP+0.0073%8h17.9100.000%$5.1M$61.7M25xas long as short
KuCoin SNXXUSDTMshort+0.0100%8h17.9100.000%$212K$295K20x
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.920+0.056%$1K$2K10xas long as short
Bybit SNXXUSDT+0.0209%8h17.920+0.056%$3.4M$18.3M50xas long as short
Bitget SNXXUSDT+0.0268%8h17.912+0.011%$4.0M$40.6M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SNXX+0.0286%1h17.909−0.006%$141K$743K10xas long as short
Aster SNXXUSDT+0.0465%8h17.909−0.004%$53K$573K20xas long as short
Binance SNXXUSDT+0.0476%8h17.9100.000%$32.7M$462.6M25xas long as short
MEXC SNXX_USDT+0.0478%8h17.900−0.056%$9.3M$7.7M50xas long as short
BloFin SNXX-USDT+0.0494%8h17.900−0.056%$285K$286K25xas long as short