Funding you earn now, next payment 08:00 UTC−0.0750%/8h= −82.1% APRpaid last 24h −0.289%
Price spread now: MEXC against Kraken Futures−0.077%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days−0.698%−$70 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.077%, 7d avg −0.095%
=The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SNXUSD | 0.2359 | 0.0850 | pay 0.0106% / 1h | 22m 51s | $142K | $64K | 25x |
| Short | MEXC SNX_USDT | 0.2357 | 0.0100 | get 0.0100% / 8h | 22m 51s | $1.6M | $696K | 100x |
Kraken Futures PF_SNXUSD
MEXC SNX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$157.41
- Price spread: −0.077% → −0.095%
- $1.81
- Slippage, 4 orders
- −$102.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$272.32
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 14 min ago; MEXC: live order book, 4 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 Kraken Futures live order book, 14 min ago | 16.92 bp | 60.2 bp −$60 | 232.5 bp −$2,325 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.12 bp | 6.6 bp −$7 | 28.9 bp −$289 | 112.4 bp −$11.2K | 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 | 0.2370 | +0.474% | $24K | $30K | 12x | as long as short |
| Hyperliquid SNX | +0.0100% | 1h | 0.2359 | −0.001% | $431K | $155K | 3x | as long as short |
| Aster SNXUSDT | +0.0100% | 8h | 0.2357 | −0.076% | $4K | $2K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2358 | −0.044% | $2.9M | $4.3M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2356 | −0.119% | $1.6M | $1.4M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2355 | −0.162% | $844K | $1.2M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2353 | −0.246% | $235K | $89K | 25x | as long as short |
| MEXC SNX_USDTshort | +0.0100% | 8h | 0.2357 | −0.077% | $1.6M | $696K | 100x | |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2356 | −0.119% | $672K | $1.9M | 30x | as long as short |
| Bitget SNXUSDT | +0.0100% | 8h | 0.2358 | −0.035% | $1.1M | $372K | 50x | as long as short |
Injective SNX/USDC PERP
Hyperliquid SNX
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SNX-USDT | +0.0100% | 8h | 0.2357 | −0.077% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2353 | −0.244% | $12K | $3K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2350 | −0.374% | $2K | $1.5M | 20x | as long as short |
| BloFin SNX-USDT | +0.0119% | 8h | 0.2357 | −0.077% | $154K | $68K | 75x | as long as short |
| Kraken Futures PF_SNXUSDlong | +0.0850% | 1h | 0.2359 | long leg | $142K | $64K | 25x |
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
BloFin SNX-USDT