Funding you earn now, next payment 08:00 UTC−0.0323%/8h= −35.3% APRnext payment −$3.23 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster+0.061%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2752.752% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.061%, 7d avg −0.045%
=Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.106% dearer against Aster than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.045%): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.028% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.23 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 | 17.429 | −0.0729 | get 0.0729% / 8h | 2h 02m | $52K | $490K | 20x |
| Short | KuCoin SNXXUSDTM | 17.440 | −0.1052 | pay 0.1052% / 8h | 2h 02m | $206K | $257K | 20x |
Aster SNXXUSDT
KuCoin SNXXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$67.73
- Price spread: +0.061% → −0.045%
- $10.6
- Slippage, 4 orders
- −$255.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$332.35
- Costs to cover
- 2.752%
- Break-even
- never at this rate
Slippage from Aster: live order book, 45 min ago; KuCoin: live order book, 54 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, 45 min ago | 5.72 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 11.42 bp | 100.8 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | −0.2661% | 1h | 17.451 | +0.124% | $146K | $736K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1689% | 8h | 17.460 | +0.175% | $3.8M | $19.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1363% | 8h | 17.460 | +0.175% | $288K | $280K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1362% | 8h | 17.450 | +0.118% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1359% | 8h | 17.460 | +0.175% | $31.5M | $474.4M | 25x | as long as short |
| KuCoin SNXXUSDTMshort | −0.1052% | 8h | 17.440 | +0.061% | $206K | $257K | 20x | |
| HTX SNXX-USDT | −0.0980% | 8h | 17.480 | +0.290% | $9K | $5K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0929% | 8h | 17.455 | +0.147% | $3.9M | $40.2M | 20x | as long as short |
| Aster SNXXUSDTlong | −0.0729% | 8h | 17.429 | long leg | $52K | $490K | 20x | |
| OKX SNXX-USDT-SWAP | −0.0602% | 8h | 17.450 | +0.118% | $5.2M | $63.0M | 25x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
HTX SNXX-USDT
Bitget SNXXUSDT
OKX SNXX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythos | −0.0464% | 8h | 17.450 | +0.118% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0239% | 8h | 17.440 | +0.061% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0134% | 8h | 17.449 | +0.112% | $4.6M | $19.2M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.460 | +0.175% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0286% | 4h | 17.467 | +0.216% | $54K | $403K | 10x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT
edgeX SNXXUSDC