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: BingX against BloFin+0.084%96s7-day average +0.006% · 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−$930.926% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.084%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.079% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 96 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 | BloFin SNX-USDT | 0.2373 | 0.0089 | pay 0.0089% / 8h | 4h 27m | $153K | $68K | 75x |
| Short | BingX SNX-USDT | 0.2375 | 0.0100 | get 0.0100% / 8h | 4h 27m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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: +0.084% → +0.006%
- $7.87
- Slippage, 4 orders
- −$70.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$82.3
- Costs to cover
- 0.926%
- Break-even
- 245.7 days
Slippage from BloFin: live order book, 64 min ago; BingX: live order book, 6 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 BloFin live order book, 64 min ago | 4.17 bp | 19.1 bp −$19 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.22 bp | 22.5 bp −$22 | 66.6 bp −$666 | 610.2 bp −$61.0K | 1264.6 bp −$632.3K |
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 | −5.815% | $23K | $29K | 12x | as long as short |
| BloFin SNX-USDTlong | +0.0089% | 8h | 0.2373 | long leg | $153K | $68K | 75x | |
| Hyperliquid SNX | +0.0100% | 1h | 0.2375 | +0.076% | $433K | $155K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2374 | +0.061% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2372 | −0.039% | $2.9M | $4.2M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2373 | 0.000% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2372 | −0.042% | $846K | $1.3M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2374 | +0.042% | $239K | $96K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2372 | −0.042% | $1.7M | $717K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2374 | +0.042% | $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 | +0.084% | $1.1M | $394K | 50x | as long as short |
| BingX SNX-USDTshort | +0.0100% | 8h | 0.2375 | +0.084% | — | $2.3M | — | |
| Variational Omni SNX | +0.0100% | 8h | 0.2375 | +0.088% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2364 | −0.379% | $2K | $1.4M | 20x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0355% | 1h | 0.2373 | +0.013% | $142K | $60K | 25x | as long as short |
BloFin SNX-USDT
BingX SNX-USDT
Injective SNX/USDC PERP
Hyperliquid SNX
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
MEXC SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDT
Variational Omni SNX
SunX SNX-USDT
Kraken Futures PF_SNXUSD