SNX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against BloFin+0.085%102s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as 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−$1341.342% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.085%, 7d avg −0.013%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.098% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 102 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	0.2353	0.0087	pay 0.0087% / 8h	23m 40s	$154K	$68K	75x
Short	Bybit SNXUSDT	0.2355	0.0100	get 0.0100% / 8h	23m 40s	$1.6M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.085%Rate

Funding earned: $2.7
Price spread: +0.085% → −0.013%: $9.79
Slippage, 4 orders: −$111.19
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$121.71
Costs to cover: 1.342%
Break-even: 322.8 days

Slippage from BloFin: live order book, 38 min ago; Bybit: live order book, 8 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, 38 min ago	2.12 bp	20.2 bp −$20	51.9 bp −$519	doesn't fit	doesn't fit
Sell Bybit live order book, 8 min ago	4.24 bp	46.6 bp −$47	344.5 bp −$3,445	doesn't fit	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	0.2370	+0.722%	$24K	$30K	12x	as long as short
BloFin SNX-USDTlong	+0.0087%	8h	0.2353	long leg	$154K	$68K	75x
Hyperliquid SNX	+0.0100%	1h	0.2356	+0.140%	$431K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2355	+0.105%	$4K	$2K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2356	+0.127%	$2.9M	$4.3M	75x	as long as short
Bybit SNXUSDTshort	+0.0100%	8h	0.2355	+0.085%	$1.6M	$1.4M	75x
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2354	+0.042%	$844K	$1.2M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2353	0.000%	$235K	$89K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2355	+0.085%	$1.6M	$696K	100x	as long as short
KuCoin SNXUSDTM	+0.0100%	8h	0.2353	0.000%	$670K	$1.9M	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	0.2355	+0.085%	$1.1M	$372K	50x	as long as short
BingX SNX-USDT	+0.0100%	8h	0.2355	+0.085%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2353	+0.003%	$12K	$3K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2348	−0.212%	$2K	$1.5M	20x	as long as short
Kraken Futures PF_SNXUSD	+0.0851%	1h	0.2356	+0.130%	$142K	$64K	25x	as long as short