Funding you earn now, next payment 16:00 UTC+0.0643%/8h= +70.4% APRnext payment +$6.43 per $10,000 · paid last 24h +0.057%
Price spread now: Phemex against Aster−0.043%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1471.467% of the position
Funding, last 7 days−0.296%−$30 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now −0.043%, 7d avg −0.014%
=Together, before fees−0.580%+ Points / potential airdropAster: Stage 5 · farm board−$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.029% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.014%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.296%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.296% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.43 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 | 17.267 | −0.0643 | get 0.0643% / 8h | 7h 44m | $49K | $493K | 20x |
| Short | Phemex SNXXUSDT | 17.260 | 0 | get 0.0000% / 8h | 7h 44m | $1.5M | $1.5M | 20x |
Aster SNXXUSDT
Phemex SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $135.11
- Price spread: −0.043% → −0.014%
- −$2.88
- Slippage, 4 orders
- −$126.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.44
- Costs to cover
- 1.467%
- Break-even
- 7.7 days
Slippage from Aster: live order book, 53 min ago; Phemex: 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 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 Phemex live order book, 4 min ago | 8.68 bp | 64.2 bp −$64 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SNXX_USDT | −0.1034% | 8h | 17.240 | −0.159% | $13.5M | $8.6M | 50x | as long as short |
| Binance SNXXUSDT | −0.1031% | 8h | 17.270 | +0.015% | $31.5M | $468.5M | 25x | as long as short |
| BloFin SNXX-USDT | −0.1016% | 8h | 17.280 | +0.073% | $292K | $277K | 25x | as long as short |
| Bitget SNXXUSDT | −0.0942% | 8h | 17.263 | −0.025% | $3.9M | $40.0M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0807% | 8h | 17.250 | −0.101% | $205K | $277K | 20x | as long as short |
| Aster SNXXUSDTlong | −0.0643% | 8h | 17.267 | long leg | $49K | $493K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | −0.0538% | 8h | 17.260 | −0.043% | $1K | $2K | 10x | as long as short |
| edgeX SNXXUSDC | −0.0437% | 4h | 17.264 | −0.020% | $53K | $403K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0415% | 8h | 17.260 | −0.043% | $5.0M | $62.3M | 25x | as long as short |
| Gate SNXX_USDT | −0.0248% | 8h | 17.257 | −0.060% | $4.5M | $18.4M | 50x | as long as short |
MEXC SNXX_USDT
Binance SNXXUSDT
BloFin SNXX-USDT
Bitget SNXXUSDT
KuCoin SNXXUSDTM
Orderly PERP_SNXX_USDC_mythos
edgeX SNXXUSDC
OKX SNXX-USDT-SWAP
Gate SNXX_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | 0.0000% | 8h | 17.270 | +0.015% | $3.9M | $19.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.260 | −0.043% | — | $4.3M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.210 | −0.332% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDTshort | 0.0000% | 8h | 17.260 | −0.043% | $1.5M | $1.5M | 20x | |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.256 | −0.066% | $147K | $716K | 10x | as long as short |
Bybit SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
tradeXYZ xyz:SNXX