Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.039%91s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.039%, 7d avg −0.003%
=The price spread pays, funding is against you. BloFin is 0.042% dearer against Binance than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.003%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNXUSDT | 0.2372 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $2.9M | $4.2M | 75x |
| Short | BloFin SNX-USDT | 0.2373 | 0.0089 | get 0.0089% / 8h | 4h 27m | $153K | $68K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.41
- Price spread: +0.039% → −0.003%
- $4.16
- Slippage, 4 orders
- −$68.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.21
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 64 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 2.12 bp | 23.6 bp −$24 | 81.7 bp −$817 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 4.17 bp | 26.1 bp −$26 | 59.2 bp −$592 | 351.3 bp −$35.1K | doesn't fit |
SNX on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SNX/USDC PERP | −0.5000% | 1h | 0.2235 | −5.779% | $23K | $29K | 12x | as long as short |
| BloFin SNX-USDTshort | +0.0089% | 8h | 0.2373 | +0.039% | $153K | $68K | 75x | |
| Hyperliquid SNX | +0.0100% | 1h | 0.2375 | +0.115% | $433K | $155K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2374 | +0.100% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDTlong | +0.0100% | 8h | 0.2372 | long leg | $2.9M | $4.2M | 75x | |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2373 | +0.039% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2372 | −0.003% | $846K | $1.3M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2374 | +0.081% | $239K | $96K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2372 | −0.003% | $1.7M | $717K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2374 | +0.081% | $670K | $2.0M | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNXUSDT | +0.0100% | 8h | 0.2375 | +0.123% | $1.1M | $394K | 50x | as long as short |
| BingX SNX-USDT | +0.0100% | 8h | 0.2375 | +0.123% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2375 | +0.127% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2364 | −0.341% | $2K | $1.4M | 20x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0355% | 1h | 0.2373 | +0.052% | $142K | $60K | 25x | as long as short |
Binance SNXUSDT
BloFin SNX-USDT
Injective SNX/USDC PERP
Hyperliquid SNX
Aster SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
MEXC SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDT
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
Kraken Futures PF_SNXUSD