Funding you earn now, next payment 08:00 UTC−0.0490%/8h= −53.7% APRnext payment −$4.90 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.017%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days−0.489%−$49 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.017%, 7d avg −0.045%
=The price spread pays, funding is against you. Gate is 0.062% dearer against Binance than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.045%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.489% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNXXUSDT | 17.910 | 0.0490 | pay 0.0490% / 8h | 4h 42m | $32.8M | $462.7M | 25x |
| Short | Gate SNXX_USDT | 17.913 | 0 | get 0.0000% / 8h | 4h 42m | $4.3M | $17.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$102.96
- Price spread: +0.017% → −0.045%
- $6.21
- Slippage, 4 orders
- −$21.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$142.89
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 1 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, 16 min ago | 2.79 bp | 7.8 bp −$8 | 10.9 bp −$109 | 33.0 bp −$3,296 | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.91 bp | 14.7 bp −$15 | 35.4 bp −$354 | 53.8 bp −$5,378 | 126.1 bp −$63.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SNXX_USDTshort | 0.0000% | 8h | 17.913 | +0.017% | $4.3M | $17.9M | 50x | |
| SunX SNXX-USDT | 0.0000% | 8h | 17.910 | 0.000% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.890 | −0.112% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.910 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| OKX SNXX-USDT-SWAP | +0.0091% | 8h | 17.910 | 0.000% | $5.1M | $61.7M | 25x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.900 | −0.056% | $212K | $298K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.900 | −0.056% | $1K | $2K | 10x | as long as short |
| Bybit SNXXUSDT | +0.0257% | 8h | 17.910 | 0.000% | $3.4M | $18.3M | 50x | as long as short |
| Bitget SNXXUSDT | +0.0272% | 8h | 17.913 | +0.017% | $4.1M | $40.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0317% | 1h | 17.896 | −0.078% | $141K | $743K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | +0.0471% | 8h | 17.900 | −0.056% | $288K | $286K | 25x | as long as short |
| Aster SNXXUSDT | +0.0490% | 8h | 17.899 | −0.060% | $53K | $573K | 20x | as long as short |
| Binance SNXXUSDTlong | +0.0490% | 8h | 17.910 | long leg | $32.8M | $462.7M | 25x | |
| MEXC SNXX_USDT | +0.0491% | 8h | 17.910 | 0.000% | $9.3M | $7.7M | 50x | as long as short |
| edgeX SNXXUSDC | +0.0977% | 4h | 17.880 | −0.169% | $55K | $405K | 10x | as long as short |
Binance SNXXUSDT
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
OKX SNXX-USDT-SWAP
KuCoin SNXXUSDTM
Bybit SNXXUSDT
Bitget SNXXUSDT
tradeXYZ xyz:SNXX
BloFin SNXX-USDT
Aster SNXXUSDT
MEXC SNXX_USDT
edgeX SNXXUSDC