Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1640 | +0.0100 | pay 0.0100% / 8h | 7h 58m | $2.0M | $4.5M | 75x | Long Binance | |
| SHORT | 0.1639 | +0.0184 | get 0.0023% / 1h | 58m 23s | $137K | $30K | 20x | Short Kraken Futures |
Price gap−0.030%
Funding gap+0.0084% /8h
Funding pays +$3 a day on $10k, but the gap is 0.096% under its 7d average: −$10 if it goes back, about 3.8 days of funding. At the last 7 days' pace that is about 21 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$79+0.0084% /8h now · paid +0.788% over the last 7D
Price−$10spread −0.030% now, avg +0.066% → −0.096% if it goes back
Costs−$1771.774% of $10k · taker + slippage, in and out
Result−$108−1.08%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.030%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSNX on 14 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size22.4 / 77.5 bpAt $10k entering Kraken Futures costs 77.5 bp, fee and slippage, 3.5× Binance’s.
- Note: Margin at max leverage$133 + $500Binance 75x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.52Long Binance: 3 payments, −$3.00; short Kraken Futures: 24 payments, +$5.52.
- Watch: Gap narrower than usual−0.030% vs +0.066%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$137K vs $2.0M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Kraken Futures YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0375%/8h × 21 periods+$78.84
Price spread−0.030% → +0.066% (7d avg)−$9.64
Slippage, 4 orderslive order books−$157.41
Fee Binance bp × 2 orders−$10.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$108.21
Costs to cover1.774%Break-even16.6 days
Slippage: Binance: live order book, 15 min ago; Kraken Futures: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.0422.4 bp−$2282.5 bp−$825doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures45.9777.5 bp−$78doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
SNX news
posts that mention SNX, from every exchange| 09-21 21:00 | Binance | Other | What’s on the market radar this week? 👀 Sep 21–25, 2026 🗓️ • Mon–Tue: Quiet on the macro front • Wed: Meta Connect 2026 keynote, 7 PM ET • Earnings all week: AZO, GIS, CLLS, PAYX, SNX, DRI, COST Plan ahead. Trade 24/7. @binance on X ↗ |
| 09-18 16:42 | Backpack | Other | Earnings to watch for the week of September 21. ▸ Consumer: $COST $AZO $DRI $GIS ▸ Business services: $CTAS $PAYX ▸ Technology: $SNX $BB Full earnings calendar → @Backpack on X ↗ |
Backpack