SNX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Bybit+0.127%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1341.339% of the position

Long on Bybit Short on BloFin

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)+0.008%+$1 · spread now +0.127%, 7d avg +0.016%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.110% dearer against Bybit than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.016%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.014% in total) that is about 56 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNXUSDT	0.2370	0.0100	pay 0.0100% / 8h	4h 27m	$1.6M	$1.3M	75x
Short	BloFin SNX-USDT	0.2373	0.0085	get 0.0085% / 8h	4h 27m	$151K	$68K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$3.23
Price spread: +0.127% → +0.016%: $11.04
Slippage, 4 orders: −$110.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$126.07
Costs to cover: 1.339%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 65 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 Bybit live order book, 4 min ago	4.21 bp	47.0 bp −$47	426.7 bp −$4,267	doesn't fit	doesn't fit
Sell BloFin live order book, 65 min ago	4.17 bp	26.1 bp −$26	59.2 bp −$592	351.3 bp −$35.1K	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	0.2233	−5.781%	$23K	$29K	12x	as long as short
BloFin SNX-USDTshort	+0.0085%	8h	0.2373	+0.127%	$151K	$68K	75x
Hyperliquid SNX	+0.0100%	1h	0.2376	+0.236%	$434K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2374	+0.173%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2373	+0.109%	$2.9M	$4.2M	75x	as long as short
Bybit SNXUSDTlong	+0.0100%	8h	0.2370	long leg	$1.6M	$1.3M	75x
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2369	−0.042%	$846K	$1.3M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2373	+0.127%	$239K	$96K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2372	+0.084%	$1.7M	$717K	100x	as long as short
KuCoin SNXUSDTM	+0.0100%	8h	0.2374	+0.169%	$669K	$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	+0.211%	$1.1M	$394K	50x	as long as short
BingX SNX-USDT	+0.0100%	8h	0.2374	+0.169%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2375	+0.215%	$12K	$4K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2365	−0.211%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_SNXUSD	+0.0355%	1h	0.2373	+0.141%	$142K	$60K	25x	as long as short