Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin+0.211%108s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as 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−$2001.996% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.211%, 7d avg −0.039%
=The price spread pays, funding is against you. Gate is 0.249% dearer against BloFin than usual: you sell high and buy low (spread +0.211% now, against its 7-day average of −0.039%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days. The two prices were read 108 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 | 0.0125 | pay 0.0125% / 8h | 4h 29m | $153K | $68K | 75x |
| Short | Gate SNX_USDT | 0.2378 | 0.0100 | get 0.0100% / 8h | 4h 29m | $239K | $96K | 25x |
BloFin SNX-USDT
Gate SNX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.32
- Price spread: +0.211% → −0.039%
- $24.93
- Slippage, 4 orders
- −$172.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$179.97
- Costs to cover
- 1.996%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Gate: live order book, 22 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, 62 min ago | 4.17 bp | 19.1 bp −$19 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 4.25 bp | 88.1 bp −$88 | 276.5 bp −$2,765 | 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 | 0.2234 | −5.858% | $23K | $29K | 12x | as long as short |
| Hyperliquid SNX | +0.0100% | 1h | 0.2380 | +0.282% | $434K | $155K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2378 | +0.223% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2376 | +0.147% | $2.9M | $4.1M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2377 | +0.169% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2376 | +0.126% | $847K | $1.3M | 20x | as long as short |
| Gate SNX_USDTshort | +0.0100% | 8h | 0.2378 | +0.211% | $239K | $96K | 25x | |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2375 | +0.084% | $1.7M | $717K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2376 | +0.126% | $670K | $2.0M | 30x | as long as short |
| Bitget SNXUSDT | +0.0100% | 8h | 0.2377 | +0.169% | $1.1M | $395K | 50x | as long as short |
Injective SNX/USDC PERP
Hyperliquid SNX
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
MEXC SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SNX-USDT | +0.0100% | 8h | 0.2380 | +0.295% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2375 | +0.088% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2370 | −0.126% | $2K | $1.4M | 20x | as long as short |
| BloFin SNX-USDTlong | +0.0125% | 8h | 0.2373 | long leg | $153K | $68K | 75x | |
| Kraken Futures PF_SNXUSD | +0.0354% | 1h | 0.2379 | +0.241% | $142K | $60K | 25x | as long as short |
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
Kraken Futures PF_SNXUSD