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+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC−0.057%49s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.057%, 7d avg +0.059%
Together, before fees+0.082%+$8 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: BloFin is 0.115% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SNXX_USDT17.6200get 0.0000% / 8h3h 38m$9.1M$7.7M50x
ShortBloFin SNXX-USDT17.6100.0006get 0.0006% / 8h3h 38m$285K$282K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$1.24
Price spread: −0.057% → +0.059%
−$11.53
Slippage, 4 orders
−$27.52
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$49.81
Costs to cover
0.395%
Break-even
287.3 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 56 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, 4 min ago5.64 bp16.3 bp −$1641.7 bp −$41750.7 bp −$5,07292.7 bp −$46.4K
Sell BloFin live order book, 56 min ago2.79 bp8.8 bp −$913.1 bp −$13137.9 bp −$3,791123.4 bp −$61.7K

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−0.2946%1h17.638+0.102%$137K$748K10xas long as short
Binance SNXXUSDT0.0000%8h17.6200.000%$30.4M$466.6M25xas long as short
Bybit SNXXUSDT0.0000%8h17.630+0.057%$3.3M$18.6M50xas long as short
OKX SNXX-USDT-SWAP0.0000%8h17.610−0.057%$4.8M$62.5M25xas long as short
Gate SNXX_USDT0.0000%8h17.621+0.006%$4.2M$18.0M50xas long as short
MEXC SNXX_USDTlong0.0000%8h17.620long leg$9.1M$7.7M50x
Bitget SNXXUSDT0.0000%8h17.613−0.040%$3.9M$40.3M20xas long as short
SunX SNXX-USDT0.0000%8h17.630+0.057%$4.7M10xas long as short
HTX SNXX-USDT0.0000%8h17.660+0.227%$10K$4K10xas long as short
Phemex SNXXUSDT0.0000%8h17.6200.000%$1.6M$1.5M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNXX-USDTshort+0.0006%8h17.610−0.057%$285K$282K25x
KuCoin SNXXUSDTM+0.0100%8h17.720+0.568%$209K$287K20xas long as short
Orderly PERP_SNXX_USDC_mythos+0.0100%8h17.700+0.454%$1K$2K10xas long as short
Aster SNXXUSDT+0.0214%8h17.746+0.715%$52K$573K20xas long as short
edgeX SNXXUSDC+0.0952%4h17.697+0.437%$55K$403K10xas long as short