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Synthetix (SNX) arbitrage

SNX on 28 exchanges spot and 21 in futures: live routes, past spreads and how long they last.

Prices at · open routes a minute older; real time in the scanners on paid plans · How we count

Price
$0.200950
24h volume
$8.2M
Exchanges
33
28 spot · 21 futures
Routes now
5
0 take · 5 risky
Gaps in 7 days
1,464
529 over a minute

Synthetix (SNX) right now

SNX is cheapest on BigONE ($0.2005) and dearest on P2B ($0.201626): 0.56% apart across 16 exchanges with a liquid spot market, before fees.

5 routes in profit after fees are worth a look ("take" or "risky"); the best: Gate → Hyperliquid, 0.16%.

Over 7 days a spread in profit opened 1,464 times, and 529 of them lasted a minute or longer; one usually closed within 18 s.

Funding per 8 hours runs from −0.0152% on KuCoin to 0.0100% on Bitget, across 14 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

Synthetix (SNX) arbitrage opportunities now

Spot and futures, no transfer

LongShortSpreadSize at best priceVerdict
Gate perpHyperliquid0.160%$47Risky
Bybit perpHyperliquid0.090%$123Risky
MEXC perpHyperliquid0.020%—Risky
BingX perpHyperliquid0.010%$400Risky
Gate perpMEXC0.010%—Risky

Synthetix (SNX) arbitrage strategy

No SNX route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

  1. Watch Binance → P2B SNX/USD: the spread opened there 144 times in 7 days, 77 of them for a minute or longer; it usually lasts 1 min 05 s.
  2. Check the transfer in advance: Binance or P2B does not publish its network status.
  3. Set an alert on the route: you hear when the spread pays after fees. Then buy on Binance and sell on P2B.

The route and its alert →

Synthetix (SNX) price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 28

ExchangeBidAskBook spread24h volume
BinanceSNX/USDT0.2009000.2010000.05%$348.3K
TokocryptoSNX/USDT0.2009000.2010000.05%$348.3K
BTSESNX/USD0.2005000.2010000.25%$279.1K
P2BSNX/USDT0.2010000.2020000.50%$271.5K
P2BSNX/USD0.2010000.2020000.50%$211.6K
LBankSNX/USDT0.2009000.2012000.15%$118K
BigONESNX/USDT0.1990000.2020001.50%$106.1K
WhiteBITSNX/USDT0.2007000.2010000.15%$105.9K
BybitSNX/USDT0.2009000.2010000.05%$102.9K
XTSNX/USDT0.2000000.2010000.50%$71.4K
CoinbaseSNX/USDC0.2006200.2008100.09%$68.1K
CoinbaseSNX/USD0.2006200.2008100.09%$68.1K

Perpetual futures · 21

ExchangeBidAskBook spreadFunding24h volume
BingXSNX/USDT0.2004000.2005000.05%0.0100%/8h$2.3M
OKXSNX/USDT0.2003000.2004000.05%0.0084%/8h$664.6K
WhiteBITSNX/USDT0.1989000.2019001.50%0.0100%/8h$551.7K
BybitSNX/USDT0.2002000.2003000.05%0.0100%/8h$304.4K
WEEXSNX/USDT0.2003000.2004000.05%−0.0005%/8h$231.5K
XTSNX/USDT0.2007000.2008000.05%−0.0005%/8h$228.6K
ToobitSNX/USDT0.2004000.2008000.20%−0.0005%/8h$218K
DeepcoinSNX/USDT0.2005000.2006000.05%0.0064%/8h$217.7K
HyperliquidSNX/USDC0.2007500.2008100.03%0.0013%/1h$192.9K
BTSESNX/USDT0.2003000.2008000.25%0.0100%/8h$185.7K
KuCoinSNX/USDT0.2005000.2007000.10%−0.0152%/8h$180.1K
MEXCSNX/USDT0.2005000.2006000.05%−0.0005%/8h$159K

How often Synthetix (SNX) spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

MarketRouteOver a minuteGapsMedian lifetime
spot → spotBinance spot → P2B spot USD771441 min 05 s
perp ↔ perpMEXC perp → Hyperliquid perp50647 min 56 s
perp ↔ perpGate perp → MEXC perp474744 min 23 s
spot → spotWhiteBIT spot → P2B spot USD408551 s
perp ↔ perpBybit perp → Hyperliquid perp333919 min 09 s
perp ↔ perpGate perp → Binance perp27314 min 32 s
spot → spotOKX spot → P2B spot USD22411 min 03 s
perp ↔ perpGate perp → XT perp212313 min 18 s
perp ↔ perpOKX perp → Hyperliquid perp18253 min 08 s
perp ↔ perpBingX perp → Hyperliquid perp182012 min 26 s
perp ↔ perpGate perp → OKX perp15185 min 26 s
spot → spotLBank spot → P2B spot USD143721 s
perp ↔ perpWEEX perp → Hyperliquid perp13212 min 23 s
perp ↔ perpGate perp → Bitget perp131319 min 28 s
perp ↔ perpBybit perp → MEXC perp112733 s
spot → spotBTSE spot USD → P2B spot USD84312 s
perp ↔ perpBinance perp → Hyperliquid perp71618 s
perp ↔ perpXT perp → Hyperliquid perp6179.0 s
perp ↔ perpGate perp → BingX perp6111 min 03 s
perp ↔ perpGate perp → Toobit perp51424 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

NetworkExchangeDepositWithdrawWithdrawal fee
BSCBinanceopenopen0.11 SNX
ETHBigONEEthereumopenopen4.39 SNX
Binanceopenopen2.93 SNX
BitgetERC20openn/a10.02 SNX
Bitrueopenopen7.6 SNX
Bitstampethereumopenopen—
Bitvavoopenopen5.3 SNX
BTSEERC20openopen3.069 SNX
Bybitopenopen5 SNX
CEX.IOethereumopenopen6 SNX
Coinbaseethereumn/an/a—
Coinbase Exchangeethereumn/an/a—
Gateopenopen—
HitBTCopenopen117 SNX
HTXsnxopenopen34.85 SNX
KuCoinethopenopen5 SNX
LATOKENERC20n/an/a—
LBankerc20n/aopen4.975 SNX
MEXCopenopen1 SNX
OKXSNX-ERC20openopen3.06 SNX
Phemexn/an/a—
Poloniexopenopen3.578 SNX
WhiteBITERC20openopen0.16 SNX
XTEthereumopenopen35 SNX
KCCKuCoinkccclosedclosed0.2 SNX
OPBinanceOPTIMISMopenopen0.18 SNX
GateOPETHopenopen—
SNXDigiFinexopenopen0.0006 SNX

Gaps of a minute or longer, last 7 days

When (UTC)MarketRouteSpreadLastedTransfer
Oct 24, 11:53 PMperp ↔ perpGate → MEXC0.110%1 h 02 min—
Oct 24, 11:24 PMperp ↔ perpGate → MEXC0.160%22 min 27 s—
Oct 24, 11:12 PMperp ↔ perpGate → MEXC0.111%3 min 09 s—
Oct 24, 10:45 PMperp ↔ perpGate → MEXC0.112%21 min 48 s—
Oct 24, 10:32 PMspot → spotBinance → P2B0.126%1 min 12 sTransfer status unknown
Oct 24, 10:32 PMspot → spotWhiteBIT → P2B0.126%1 min 12 sTransfer status unknown
Oct 24, 10:14 PMspot → spotWhiteBIT → P2B0.131%4 min 15 sTransfer status unknown
Oct 24, 10:14 PMspot → spotBinance → P2B0.131%4 min 15 sTransfer status unknown
Oct 24, 10:13 PMperp ↔ perpGate → MEXC0.112%24 min 51 s—
Oct 24, 09:19 PMperp ↔ perpGate → MEXC0.113%10 min 03 s—
Oct 24, 09:15 PMperp ↔ perpGate → Bitget0.134%12 min 36 s—
Oct 24, 08:51 PMspot → spotBinance → P2B0.123%1 min 00 sTransfer status unknown
Oct 24, 08:51 PMspot → spotWhiteBIT → P2B0.174%1 min 00 sTransfer status unknown
Oct 24, 08:39 PMspot → spotWhiteBIT → P2B0.122%1 min 12 sTransfer status unknown
Oct 24, 08:24 PMspot → spotLBank → P2B0.125%4 min 00 sTransfer status unknown
Oct 24, 08:24 PMspot → spotWhiteBIT → P2B0.125%4 min 06 sTransfer status unknown
Oct 24, 08:24 PMspot → spotBinance → P2B0.125%4 min 06 sTransfer status unknown
Oct 24, 08:17 PMspot → spotWhiteBIT → P2B0.125%3 min 15 sTransfer status unknown
Oct 24, 07:57 PMperp ↔ perpGate → MEXC0.111%1 h 13 min—
Oct 24, 07:13 PMspot → spotBinance → P2B0.177%4 min 27 sTransfer status unknown
Oct 24, 07:13 PMspot → spotWhiteBIT → P2B0.177%4 min 27 sTransfer status unknown
Oct 24, 07:13 PMperp ↔ perpXT → Hyperliquid0.108%3 min 44 s—
Oct 24, 06:55 PMperp ↔ perpGate → MEXC0.162%21 min 08 s—
Oct 24, 06:50 PMspot → spotWhiteBIT → P2B0.127%7 min 30 sTransfer status unknown
Oct 24, 06:50 PMspot → spotBinance → P2B0.127%7 min 15 sTransfer status unknown
Oct 24, 06:31 PMspot → spotBybit → P2B0.102%2 min 12 sTransfer status unknown
Oct 24, 06:30 PMspot → spotBinance → P2B0.182%3 min 24 sTransfer status unknown
Oct 24, 06:30 PMspot → spotWhiteBIT → P2B0.182%3 min 27 sTransfer status unknown
Oct 24, 05:35 PMspot → spotBinance → P2B0.134%1 min 24 sTransfer status unknown
Oct 24, 05:35 PMspot → spotWhiteBIT → P2B0.180%1 min 24 sTransfer status unknown
Oct 24, 05:29 PMperp ↔ perpMEXC → Hyperliquid0.112%1 h 19 min—
Oct 24, 05:29 PMspot → spotBinance → P2B0.130%1 min 30 sTransfer status unknown
Oct 24, 05:22 PMspot → spotWhiteBIT → P2B0.130%8 min 51 sTransfer status unknown
Oct 24, 05:15 PMperp ↔ perpGate → Bitget0.136%6 min 00 s—
Oct 24, 05:08 PMperp ↔ perpGate → MEXC0.166%24 min 51 s—
Oct 24, 04:57 PMperp ↔ perpMEXC → Hyperliquid0.108%29 min 09 s—
Oct 24, 04:46 PMperp ↔ perpGate → OKX0.106%5 min 21 s—
Oct 24, 04:33 PMperp ↔ perpGate → Binance0.110%18 min 21 s—
Oct 24, 04:33 PMperp ↔ perpGate → Bitget0.188%17 min 39 s—
Oct 24, 04:29 PMspot → spotBingX → MEXC0.108%1 min 00 sTransfer status unknown
Oct 24, 04:23 PMspot → spotBinance → P2B0.135%1 min 30 sTransfer status unknown
Oct 24, 04:00 PMperp ↔ perpMEXC → Hyperliquid0.129%39 min 32 s—
Oct 24, 03:53 PMspot → spotBinance → P2B0.187%2 min 03 sTransfer status unknown
Oct 24, 03:53 PMspot → spotWhiteBIT → P2B0.135%2 min 03 sTransfer status unknown
Oct 24, 03:39 PMspot → spotBinance → P2B0.135%5 min 00 sTransfer status unknown
Oct 24, 03:16 PMperp ↔ perpGate → OKX0.110%1 min 48 s—
Oct 24, 03:16 PMperp ↔ perpGate → XT0.142%1 min 54 s—
Oct 24, 03:16 PMperp ↔ perpDeepcoin → Hyperliquid0.169%3 min 27 s—
Oct 24, 03:15 PMperp ↔ perpWOO X → Hyperliquid0.162%2 min 33 s—
Oct 24, 03:15 PMperp ↔ perpToobit → Hyperliquid0.162%4 min 09 s—

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on Synthetix (SNX)

SNX funding rates by exchange →

SNX trades on: BingX, Binance, OKX, WhiteBIT, P2B, BTSE, Bybit, XT, MEXC, WEEX, Toobit, Deepcoin and 21 more

FAQ

Why is the Synthetix (SNX) spread so high on some exchanges?

5 routes in profit after fees are worth a look ("take" or "risky"); the engine's commonest warnings: even when the prices meet, closing crosses each leg's bid-ask spread, and that eats the profit; profit under $1. We have no network status from Tokocrypto, P2B and BingX +6, so a transfer there cannot be checked.

Where is Synthetix (SNX) cheapest to buy?

Cheapest now on BigONE: $0.2005; dearest on P2B: $0.201626, 0.56% apart. 16 exchanges with a liquid SNX market compared, at the mid between bid and ask.

Can I transfer Synthetix (SNX) between BigONE and HTX?

Yes: withdrawals from BigONE and deposits to HTX are open now on ETH, a withdrawal fee of 4.39 SNX. The networks' status is checked every 5 minutes; every network is in the table below.

Is there an arbitrage opportunity in Synthetix (SNX) right now?

Yes, in futures (no transfer: a long and a short): 3 routes are worth a look ("take" or "risky"), the first Gate → Hyperliquid, 0.16%, marked "risky".

Not on spot after fees: no spot route earns right now. The widest price gap is 0.56% (BigONE → P2B), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between Binance and P2B: 77 times.

What is the Synthetix (SNX) spread now?

0.56% between the cheapest (BigONE) and the dearest (P2B) exchange, before fees. No route worth taking with an open transfer right now.