SNX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Gate+0.084%78s7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$204as 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−$2032.028% of the position

Long on Gate 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 3 days (all we have)−0.022%−$2 · spread now +0.084%, 7d avg +0.049%

Together, before fees−0.035%−$4 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 BloFin is 0.035% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.049%. The two prices were read 78 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	Gate SNX_USDT	0.2378	0.0100	pay 0.0100% / 8h	6h 53m	$238K	$94K	25x
Short	BloFin SNX-USDT	0.2380	0.0114	get 0.0114% / 8h	6h 53m	$149K	$68K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.084%Rate

Funding earned: $2.89
Price spread: +0.084% → +0.049%: $3.53
Slippage, 4 orders: −$175.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$196.37
Costs to cover: 2.028%
Break-even: 481.9 days

Slippage from Gate: live order book, 8 min ago; BloFin: live order book, 63 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 Gate live order book, 8 min ago	4.19 bp	65.4 bp −$65	198.0 bp −$1,980	doesn't fit	doesn't fit
Sell BloFin live order book, 63 min ago	2.08 bp	30.5 bp −$30	76.9 bp −$769	365.5 bp −$36.6K	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	0.2237	−5.929%	$23K	$29K	12x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2385	+0.294%	$439K	$152K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2382	+0.150%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2384	+0.247%	$2.8M	$4.0M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2382	+0.168%	$1.6M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2384	+0.252%	$770K	$1.1M	20x	as long as short
Gate SNX_USDTlong	+0.0100%	8h	0.2378	long leg	$238K	$94K	25x
MEXC SNX_USDT	+0.0100%	8h	0.2382	+0.168%	$1.7M	$691K	100x	as long as short
KuCoin SNXUSDTM	+0.0100%	8h	0.2382	+0.168%	$724K	$2.1M	30x	as long as short
Bitget SNXUSDT	+0.0100%	8h	0.2383	+0.210%	$1.1M	$400K	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	0.2381	+0.126%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2378	−0.015%	$12K	$6K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2374	−0.168%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_SNXUSD	+0.0110%	1h	0.2382	+0.166%	$143K	$58K	25x	as long as short
BloFin SNX-USDTshort	+0.0114%	8h	0.2380	+0.084%	$149K	$68K	75x