SNX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against KuCoin+0.042%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1461.458% of the position

Long on KuCoin 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)−0.035%−$3 · spread now +0.042%, 7d avg −0.020%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNXUSDTM	0.2356	0.0100	pay 0.0100% / 8h	22m 49s	$672K	$1.9M	30x
Short	BloFin SNX-USDT	0.2357	0.0119	get 0.0119% / 8h	22m 49s	$154K	$68K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.042%Rate

Funding earned: $4.03
Price spread: +0.042% → −0.020%: $6.28
Slippage, 4 orders: −$121.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$135.53
Costs to cover: 1.458%
Break-even: 242.7 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 39 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 KuCoin live order book, 3 min ago	2.12 bp	59.2 bp −$59	117.1 bp −$1,171	doesn't fit	doesn't fit
Sell BloFin live order book, 39 min ago	2.12 bp	16.8 bp −$17	40.3 bp −$403	299.6 bp −$30.0K	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	+0.594%	$24K	$30K	12x	as long as short
Hyperliquid SNX	+0.0100%	1h	0.2359	+0.119%	$431K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2357	+0.043%	$4K	$2K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2358	+0.075%	$2.9M	$4.3M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2356	0.000%	$1.6M	$1.4M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2355	−0.042%	$844K	$1.2M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2353	−0.127%	$235K	$89K	25x	as long as short
MEXC SNX_USDT	+0.0100%	8h	0.2357	+0.042%	$1.6M	$696K	100x	as long as short
KuCoin SNXUSDTMlong	+0.0100%	8h	0.2356	long leg	$672K	$1.9M	30x
Bitget SNXUSDT	+0.0100%	8h	0.2358	+0.085%	$1.1M	$372K	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	0.2357	+0.042%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2353	−0.125%	$12K	$3K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2350	−0.255%	$2K	$1.5M	20x	as long as short
BloFin SNX-USDTshort	+0.0119%	8h	0.2357	+0.042%	$154K	$68K	75x
Kraken Futures PF_SNXUSD	+0.0850%	1h	0.2359	+0.119%	$142K	$64K	25x	as long as short