SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0486%/8h= −53.2% APRnext payment −$4.86 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget−0.029%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.029%, 7d avg +0.012%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.041% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.86 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	Bitget SNXXUSDT	17.315	−0.1121	get 0.1121% / 8h	1h 33m	$3.9M	$40.2M	20x
Short	Bybit SNXXUSDT	17.310	−0.1607	pay 0.1607% / 8h	1h 33m	$3.8M	$19.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$102
Price spread: −0.029% → +0.012%: −$4.1
Slippage, 4 orders: −$29.66
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$158.76
Costs to cover: 0.527%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: 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 Bitget live order book, 5 min ago	1.16 bp	14.1 bp −$14	39.6 bp −$396	47.6 bp −$4,760	80.9 bp −$40.5K
Sell Bybit live order book, 5 min ago	2.89 bp	14.9 bp −$15	31.8 bp −$318	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	−0.1911%	1h	17.336	+0.121%	$145K	$733K	10x	as long as short
Bybit SNXXUSDTshort	−0.1607%	8h	17.310	−0.029%	$3.8M	$19.7M	50x
BloFin SNXX-USDT	−0.1538%	8h	17.300	−0.087%	$295K	$277K	25x	as long as short
Binance SNXXUSDT	−0.1528%	8h	17.320	+0.029%	$31.2M	$474.8M	25x	as long as short
MEXC SNXX_USDT	−0.1515%	8h	17.340	+0.144%	$9.3M	$7.7M	50x	as long as short
KuCoin SNXXUSDTM	−0.1156%	8h	17.330	+0.087%	$205K	$252K	20x	as long as short
Bitget SNXXUSDTlong	−0.1121%	8h	17.315	long leg	$3.9M	$40.2M	20x
HTX SNXX-USDT	−0.0905%	8h	17.310	−0.029%	$9K	$5K	10x	as long as short
Aster SNXXUSDT	−0.0899%	8h	17.323	+0.044%	$52K	$490K	20x	as long as short
OKX SNXX-USDT-SWAP	−0.0753%	8h	17.310	−0.029%	$5.2M	$62.9M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SNXX_USDC_mythos	−0.0468%	8h	17.320	+0.029%	$1K	$2K	10x	as long as short
Gate SNXX_USDT	−0.0184%	8h	17.299	−0.092%	$4.5M	$19.1M	50x	as long as short
SunX SNXX-USDT	−0.0060%	8h	17.310	−0.029%	—	$4.5M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.310	−0.029%	$1.6M	$1.5M	20x	as long as short
edgeX SNXXUSDC	+0.0478%	4h	17.314	−0.004%	$53K	$403K	10x	as long as short