Funding you earn now, next payment 16:00 UTC+0.0923%/8h= +101.1% APRnext payment +$9.23 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.052%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$670.672% of the position
Funding, last 7 days−0.272%−$27 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.052%, 7d avg −0.008%
=Funding pays, the price is against you. Gate is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.008%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.272%, 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 -0.272% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.23 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 | 17.366 | −0.0923 | get 0.0923% / 8h | 7h 57m | $3.9M | $39.9M | 20x |
| Short | Gate SNXX_USDT | 17.357 | 0 | get 0.0000% / 8h | 7h 57m | $4.6M | $18.2M | 50x |
Bitget SNXXUSDT
Gate SNXX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $193.83
- Price spread: −0.052% → −0.008%
- −$4.39
- Slippage, 4 orders
- −$40.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $122.28
- Costs to cover
- 0.672%
- Break-even
- 2.6 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.02 bp | 12.3 bp −$12 | 25.1 bp −$251 | 32.0 bp −$3,202 | 73.1 bp −$36.6K |
| Sell Gate live order book, 1 min ago | 1.73 bp | 27.8 bp −$28 | 42.2 bp −$422 | 56.0 bp −$5,595 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | −0.0983% | 8h | 17.350 | −0.092% | $292K | $278K | 25x | as long as short |
| MEXC SNXX_USDT | −0.0956% | 8h | 17.370 | +0.023% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.0956% | 8h | 17.347 | −0.108% | $31.5M | $471.1M | 25x | as long as short |
| Bitget SNXXUSDTlong | −0.0923% | 8h | 17.366 | long leg | $3.9M | $39.9M | 20x | |
| KuCoin SNXXUSDTM | −0.0818% | 8h | 17.470 | +0.599% | $207K | $276K | 20x | as long as short |
| edgeX SNXXUSDC | −0.0693% | 4h | 17.338 | −0.163% | $53K | $401K | 10x | as long as short |
| Aster SNXXUSDT | −0.0571% | 8h | 17.362 | −0.023% | $49K | $493K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.360 | −0.035% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0401% | 8h | 17.370 | +0.023% | $5.2M | $62.7M | 25x | as long as short |
| tradeXYZ xyz:SNXX | −0.0029% | 1h | 17.350 | −0.092% | $147K | $727K | 10x | as long as short |
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
KuCoin SNXXUSDTM
edgeX SNXXUSDC
Aster SNXXUSDT
Orderly PERP_SNXX_USDC_mythos
OKX SNXX-USDT-SWAP
tradeXYZ xyz:SNXXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | 0.0000% | 8h | 17.350 | −0.092% | $3.8M | $19.8M | 50x | as long as short |
| Gate SNXX_USDTshort | 0.0000% | 8h | 17.357 | −0.052% | $4.6M | $18.2M | 50x | |
| SunX SNXX-USDT | 0.0000% | 8h | 17.360 | −0.035% | — | $4.4M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.380 | +0.081% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.360 | −0.035% | $1.6M | $1.5M | 20x | as long as short |
Bybit SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT