SNX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against BloFin0.000%50s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as 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−$1611.611% of the position

Long on BloFin Short on KuCoin

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)−0.045%−$4 · spread now 0.000%, 7d avg +0.019%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 50 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	0.2381	0.0110	pay 0.0110% / 8h	3h 30m	$154K	$69K	75x
Short	KuCoin SNXUSDTM	0.2381	0.0100	get 0.0100% / 8h	3h 30m	$673K	$2.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$2.03
Price spread: 0.000% → +0.019%: −$1.9
Slippage, 4 orders: −$137.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$165
Costs to cover: 1.611%
Break-even: never at this rate

Slippage from BloFin: live order book, 51 min ago; KuCoin: live order book, 1 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, 51 min ago	4.22 bp	19.5 bp −$19	46.5 bp −$465	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	4.20 bp	57.8 bp −$58	149.9 bp −$1,499	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	0.2235	−6.132%	$23K	$29K	12x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2385	+0.164%	$435K	$153K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2381	+0.011%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2381	+0.001%	$2.9M	$4.1M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2381	0.000%	$1.7M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2380	−0.042%	$850K	$1.2M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2380	−0.042%	$240K	$95K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2382	+0.042%	$1.7M	$716K	100x	as long as short
KuCoin SNXUSDTMshort	+0.0100%	8h	0.2381	0.000%	$673K	$2.0M	30x
Bitget SNXUSDT	+0.0100%	8h	0.2381	0.000%	$1.1M	$357K	50x	as long as short

Show 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	−0.042%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2383	+0.087%	$12K	$4K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2371	−0.420%	$2K	$1.4M	20x	as long as short
BloFin SNX-USDTlong	+0.0110%	8h	0.2381	long leg	$154K	$69K	75x
Kraken Futures PF_SNXUSD	+0.0442%	1h	0.2381	+0.020%	$142K	$61K	25x	as long as short