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 MEXC+0.042%109s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as 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−$710.713% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.042%, 7d avg +0.006%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.036% dearer against MEXC than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of +0.006%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.9 days. The two prices were read 109 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	MEXC SNX_USDT	0.2372	0.0100	pay 0.0100% / 8h	4h 25m	$1.7M	$717K	100x
Short	BloFin SNX-USDT	0.2373	0.0085	get 0.0085% / 8h	4h 25m	$151K	$68K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$3.23
Price spread: +0.042% → +0.006%: $3.62
Slippage, 4 orders: −$55.31
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$70.91
Costs to cover: 0.713%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 66 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 MEXC live order book, 1 min ago	2.11 bp	14.9 bp −$15	38.1 bp −$381	125.2 bp −$12.5K	doesn't fit
Sell BloFin live order book, 66 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	−5.860%	$23K	$29K	12x	as long as short
BloFin SNX-USDTshort	+0.0085%	8h	0.2373	+0.042%	$151K	$68K	75x
Hyperliquid SNX	+0.0100%	1h	0.2377	+0.207%	$434K	$155K	3x	as long as short
Aster SNXUSDT	+0.0100%	8h	0.2371	−0.041%	$4K	$3K	5x	as long as short
Binance SNXUSDT	+0.0100%	8h	0.2373	+0.031%	$2.9M	$4.2M	75x	as long as short
Bybit SNXUSDT	+0.0100%	8h	0.2372	0.000%	$1.6M	$1.3M	75x	as long as short
OKX SNX-USDT-SWAP	+0.0100%	8h	0.2373	+0.042%	$846K	$1.3M	20x	as long as short
Gate SNX_USDT	+0.0100%	8h	0.2370	−0.084%	$238K	$96K	25x	as long as short
MEXC SNX_USDTlong	+0.0100%	8h	0.2372	long leg	$1.7M	$717K	100x
KuCoin SNXUSDTM	+0.0100%	8h	0.2373	+0.042%	$668K	$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	0.2373	+0.042%	$1.1M	$394K	50x	as long as short
BingX SNX-USDT	+0.0100%	8h	0.2373	+0.042%	—	$2.3M	—	as long as short
Variational Omni SNX	+0.0100%	8h	0.2371	−0.061%	$12K	$4K	—	as long as short
SunX SNX-USDT	+0.0100%	8h	0.2364	−0.337%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_SNXUSD	+0.0355%	1h	0.2373	+0.029%	$142K	$60K	25x	as long as short