Funding you earn now, next payment 16:00 UTC−0.0373%/8h= −40.8% APRnext payment −$3.73 per $10,000 · paid last 24h −0.037%
Price spread now: BloFin against Aster+0.071%52s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as 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−$490.488% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.071%, 7d avg +0.014%
=Together, before fees−0.162%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.057% dearer against Aster than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.014%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.73 per $10,000. 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 | Aster SNXXUSDT | 17.268 | −0.0643 | get 0.0643% / 8h | 7h 44m | $49K | $493K | 20x |
| Short | BloFin SNXX-USDT | 17.280 | −0.1016 | pay 0.1016% / 8h | 7h 44m | $292K | $277K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- −$78.26
- Price spread: +0.071% → +0.014%
- $5.72
- Slippage, 4 orders
- −$28.75
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.29
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from Aster: live order book, 53 min ago; BloFin: live order book, 30 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 Aster live order book, 53 min ago | 8.62 bp | 12.6 bp −$13 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 5.75 bp | 11.8 bp −$12 | 16.4 bp −$164 | 37.7 bp −$3,771 | 104.2 bp −$52.1K |
SNXX 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SNXX_USDT | −0.1034% | 8h | 17.260 | −0.045% | $13.5M | $8.6M | 50x | as long as short |
| Binance SNXXUSDT | −0.1031% | 8h | 17.270 | +0.013% | $31.5M | $468.5M | 25x | as long as short |
| BloFin SNXX-USDTshort | −0.1016% | 8h | 17.280 | +0.071% | $292K | $277K | 25x | |
| Bitget SNXXUSDT | −0.0942% | 8h | 17.246 | −0.126% | $3.9M | $40.0M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0807% | 8h | 17.260 | −0.045% | $205K | $277K | 20x | as long as short |
| Aster SNXXUSDTlong | −0.0643% | 8h | 17.268 | long leg | $49K | $493K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | −0.0538% | 8h | 17.260 | −0.045% | $1K | $2K | 10x | as long as short |
| edgeX SNXXUSDC | −0.0437% | 4h | 17.264 | −0.022% | $53K | $403K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0415% | 8h | 17.250 | −0.103% | $5.0M | $62.3M | 25x | as long as short |
| Gate SNXX_USDT | −0.0248% | 8h | 17.257 | −0.062% | $4.5M | $18.4M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | 0.0000% | 8h | 17.250 | −0.103% | $3.9M | $19.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.290 | +0.129% | — | $4.3M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.210 | −0.334% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.280 | +0.071% | $1.5M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.256 | −0.068% | $147K | $716K | 10x | as long as short |
Aster SNXXUSDT
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
Bitget SNXXUSDT
KuCoin SNXXUSDTM
edgeX SNXXUSDC
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
Bybit SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
tradeXYZ xyz:SNXX