Funding you earn now, next payment 08:00 UTC+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.057%7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2662.660% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 4 days (all we have)−1.186%−$119 · spread now +0.057%, 7d avg −0.105%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.162% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.105%. Mind the row above: over the last 7 days funding on this pair cost −0.205%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNXXUSDT | 17.520 | −0.0742 | get 0.0742% / 8h | 2h 47m | $30.9M | $474.8M | 25x |
| Short | KuCoin SNXXUSDTM | 17.530 | −0.0586 | pay 0.0586% / 8h | 2h 47m | $207K | $267K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $32.84
- Price spread: +0.057% → −0.105%
- $16.21
- Slippage, 4 orders
- −$244.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$216.97
- Costs to cover
- 2.660%
- Break-even
- 53.3 days
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 10 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, 12 min ago | 2.87 bp | 7.9 bp −$8 | 10.5 bp −$105 | 32.4 bp −$3,240 | doesn't fit |
| Sell KuCoin live order book, 10 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 | −0.2104% | 1h | 17.522 | +0.011% | $143K | $752K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1427% | 8h | 17.530 | +0.057% | $3.6M | $19.1M | 50x | as long as short |
| HTX SNXX-USDT | −0.0867% | 8h | 17.580 | +0.342% | $9K | $5K | 10x | as long as short |
| BloFin SNXX-USDT | −0.0750% | 8h | 17.480 | −0.228% | $279K | $280K | 25x | as long as short |
| Binance SNXXUSDTlong | −0.0742% | 8h | 17.520 | long leg | $30.9M | $474.8M | 25x | |
| MEXC SNXX_USDT | −0.0728% | 8h | 17.510 | −0.057% | $9.1M | $7.7M | 50x | as long as short |
| KuCoin SNXXUSDTMshort | −0.0586% | 8h | 17.530 | +0.057% | $207K | $267K | 20x | |
| edgeX SNXXUSDC | −0.0501% | 4h | 17.550 | +0.171% | $54K | $404K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0482% | 8h | 17.523 | +0.017% | $3.9M | $40.2M | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.560 | +0.228% | $1K | $2K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNXX-USDT-SWAP | −0.0212% | 8h | 17.520 | 0.000% | $5.1M | $63.2M | 25x | as long as short |
| SunX SNXX-USDT | −0.0092% | 8h | 17.500 | −0.114% | — | $4.6M | 10x | as long as short |
| Aster SNXXUSDT | −0.0085% | 8h | 17.546 | +0.150% | $52K | $490K | 20x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.503 | −0.097% | $4.2M | $18.4M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.490 | −0.171% | $1.6M | $1.5M | 20x | as long as short |
Binance SNXXUSDT
KuCoin SNXXUSDTM
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
BloFin SNXX-USDT
MEXC SNXX_USDT
edgeX SNXXUSDC
Bitget SNXXUSDT
OKX SNXX-USDT-SWAP
SunX SNXX-USDT
Aster SNXXUSDT
Gate SNXX_USDT
Phemex SNXXUSDT