Funding you earn now, next payment 08:00 UTC+0.0429%/8h= +47.0% APRnext payment +$4.29 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.057%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.057%, 7d avg −0.036%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against Binance than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.036%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.217%, 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 -0.217% in total (about -11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.29 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 | Binance SNXXUSDT | 17.409 | −0.1541 | get 0.1541% / 8h | 2h 14m | $31.3M | $474.0M | 25x |
| Short | Bitget SNXXUSDT | 17.399 | −0.1112 | pay 0.1112% / 8h | 2h 14m | $3.9M | $40.1M | 20x |
Binance SNXXUSDT
Bitget SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $90.17
- Price spread: −0.057% → −0.036%
- −$2.07
- Slippage, 4 orders
- −$28.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $37.51
- Costs to cover
- 0.506%
- Break-even
- 4.1 days
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 5 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 Binance live order book, 15 min ago | 2.90 bp | 7.9 bp −$8 | 12.5 bp −$125 | 56.8 bp −$5,684 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.58 bp | 17.2 bp −$17 | 33.6 bp −$336 | 43.4 bp −$4,338 | 68.0 bp −$34.0K |
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 | −0.3526% | 1h | 17.385 | −0.137% | $147K | $736K | 10x | as long as short |
| Bybit SNXXUSDT | −0.2026% | 8h | 17.410 | +0.006% | $3.9M | $19.5M | 50x | as long as short |
| Binance SNXXUSDTlong | −0.1541% | 8h | 17.409 | long leg | $31.3M | $474.0M | 25x | |
| MEXC SNXX_USDT | −0.1526% | 8h | 17.400 | −0.051% | $9.1M | $7.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1521% | 8h | 17.340 | −0.396% | $286K | $278K | 25x | as long as short |
| HTX SNXX-USDT | −0.1263% | 8h | 17.350 | −0.338% | $9K | $5K | 10x | as long as short |
| KuCoin SNXXUSDTM | −0.1164% | 8h | 17.370 | −0.223% | $205K | $257K | 20x | as long as short |
| Bitget SNXXUSDTshort | −0.1112% | 8h | 17.399 | −0.057% | $3.9M | $40.1M | 20x | |
| Aster SNXXUSDT | −0.0860% | 8h | 17.409 | 0.000% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0704% | 8h | 17.410 | +0.006% | $5.2M | $62.7M | 25x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
MEXC SNXX_USDT
BloFin SNXX-USDT
HTX SNXX-USDT
KuCoin SNXXUSDTM
Aster 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 | −0.0465% | 8h | 17.410 | +0.006% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0331% | 8h | 17.410 | +0.006% | — | $4.5M | 10x | as long as short |
| edgeX SNXXUSDC | −0.0280% | 4h | 17.387 | −0.128% | $54K | $404K | 10x | as long as short |
| Gate SNXX_USDT | −0.0179% | 8h | 17.386 | −0.131% | $4.6M | $19.0M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.350 | −0.338% | $1.6M | $1.5M | 20x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
edgeX SNXXUSDC
Gate SNXX_USDT
Phemex SNXXUSDT