Funding you earn now, next payment 01:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h +0.446%
Price spread now: Kraken Futures against BloFin+0.137%57s7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$890.892% of the position
Funding, last 7 days+0.673%+$67 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.137%, 7d avg +0.083%
=The price spread pays, funding is against you. Kraken Futures is 0.054% dearer against BloFin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.083%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.673%, so the current rate has only just turned against you. The two prices were read 57 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 | 0.2401 | 0.0124 | pay 0.0124% / 8h | 7h 38m | $149K | $61K | 75x |
| Short | Kraken Futures PF_SNXUSD | 0.2404 | −0.0340 | pay 0.0043% / 1h | 38m 00s | $144K | $58K | 25x |
BloFin SNX-USDT
Kraken Futures PF_SNXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$97.46
- Price spread: +0.137% → +0.083%
- $5.38
- Slippage, 4 orders
- −$67.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$181.26
- Costs to cover
- 0.892%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; Kraken Futures: live order book, 34 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, 18 min ago | 2.08 bp | 11.5 bp −$11 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 4.18 bp | 28.7 bp −$29 | 89.5 bp −$895 | 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 | 0.2262 | −5.789% | $23K | $29K | 12x | as long as short |
| Kraken Futures PF_SNXUSDshort | −0.0340% | 1h | 0.2404 | +0.137% | $144K | $58K | 25x | |
| Hyperliquid SNX | +0.0100% | 1h | 0.2404 | +0.142% | $446K | $148K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2402 | +0.032% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2402 | +0.056% | $2.9M | $4.0M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2402 | +0.042% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2402 | +0.042% | $777K | $1.1M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2402 | +0.042% | $240K | $97K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2402 | +0.042% | $1.8M | $689K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2404 | +0.125% | $732K | $2.1M | 30x | as long as short |
Injective SNX/USDC PERP
Hyperliquid SNX
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
MEXC SNX_USDT
KuCoin SNXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNXUSDT | +0.0100% | 8h | 0.2403 | +0.083% | $1.1M | $395K | 50x | as long as short |
| BingX SNX-USDT | +0.0100% | 8h | 0.2402 | +0.042% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2405 | +0.151% | $12K | $6K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2393 | −0.333% | $2K | $1.4M | 20x | as long as short |
| BloFin SNX-USDTlong | +0.0124% | 8h | 0.2401 | long leg | $149K | $61K | 75x |
Bitget SNXUSDT
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT