Funding you earn now, next payment 08:00 UTC−0.0376%/8h= −41.1% APRnext payment −$3.76 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.112%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.112%, 7d avg −0.049%
=The price spread pays, funding is against you. OKX is 0.161% dearer against Binance than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.049%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.327% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNXXUSDT | 17.870 | 0.0442 | pay 0.0442% / 8h | 5h 29m | $32.4M | $462.2M | 25x |
| Short | OKX SNXX-USDT-SWAP | 17.890 | 0.0066 | get 0.0066% / 8h | 5h 29m | $5.1M | $61.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$78.91
- Price spread: +0.112% → −0.049%
- $16.07
- Slippage, 4 orders
- −$11.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$94.02
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: 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 Binance live order book, 14 min ago | 2.80 bp | 7.8 bp −$8 | 9.9 bp −$99 | 38.9 bp −$3,893 | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.79 bp | 7.8 bp −$8 | 16.2 bp −$162 | 263.0 bp −$26.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SNXX_USDT | 0.0000% | 8h | 17.880 | +0.056% | $4.3M | $17.8M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.870 | 0.000% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.880 | +0.056% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.870 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.866 | −0.022% | $141K | $764K | 10x | as long as short |
| OKX SNXX-USDT-SWAPshort | +0.0066% | 8h | 17.890 | +0.112% | $5.1M | $61.4M | 25x | |
| Bybit SNXXUSDT | +0.0073% | 8h | 17.880 | +0.056% | $3.3M | $18.3M | 50x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.870 | 0.000% | $211K | $304K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.890 | +0.112% | $1K | $2K | 10x | as long as short |
| Bitget SNXXUSDT | +0.0204% | 8h | 17.875 | +0.028% | $4.0M | $40.5M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | +0.0272% | 4h | 17.892 | +0.122% | $55K | $405K | 10x | as long as short |
| BloFin SNXX-USDT | +0.0438% | 8h | 17.910 | +0.224% | $287K | $286K | 25x | as long as short |
| MEXC SNXX_USDT | +0.0442% | 8h | 17.860 | −0.056% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDTlong | +0.0442% | 8h | 17.870 | long leg | $32.4M | $462.2M | 25x | |
| Aster SNXXUSDT | +0.0475% | 8h | 17.873 | +0.018% | $53K | $573K | 20x | as long as short |
Binance SNXXUSDT
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
edgeX SNXXUSDC
BloFin SNXX-USDT
MEXC SNXX_USDT
Aster SNXXUSDT