Funding you earn now, next payment 06:00 UTC+0.5093%/8h= +557.7% APRpaid last 24h +0.540%
Price spread now: BloFin against Injective+5.376%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.668%+$67 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and BloFin is 5.376% dearer against Injective than usual: you sell high and buy low: +$538 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.668% in total (about 34.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SNX/USDC PERP | 0.2232 | −0.5000 | get 0.0625% / 1h | 38m 14s | $22K | $30K | 12x |
| Short | BloFin SNX-USDT | 0.2352 | 0.0093 | get 0.0093% / 8h | 2h 38m | $154K | $68K | 75x |
Injective SNX/USDC PERP
BloFin SNX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $1,069.59
- Price spread: +5.376% → 0.000%
- $537.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1,595.21
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 33 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 33 min ago | 2.10 bp | 14.1 bp −$14 | 41.7 bp −$417 | 325.8 bp −$32.6K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.5000% | 1h | 0.2232 | long leg | $22K | $30K | 12x | |
| BloFin SNX-USDTshort | +0.0093% | 8h | 0.2352 | +5.376% | $154K | $68K | 75x | |
| Hyperliquid SNX | +0.0100% | 1h | 0.2360 | +5.717% | $430K | $153K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2356 | +5.562% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2357 | +5.600% | $2.9M | $4.2M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2355 | +5.511% | $1.6M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2355 | +5.511% | $842K | $1.2M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2350 | +5.287% | $239K | $95K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2356 | +5.556% | $1.7M | $693K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2354 | +5.466% | $667K | $2.0M | 30x | as long as short |
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 | 0.2357 | +5.600% | $1.1M | $368K | 50x | as long as short |
| BingX SNX-USDT | +0.0100% | 8h | 0.2354 | +5.466% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2362 | +5.807% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2352 | +5.376% | $2K | $1.5M | 20x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0753% | 1h | 0.2361 | +5.770% | $141K | $65K | 25x | as long as short |
Bitget SNXUSDT
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
Kraken Futures PF_SNXUSD