SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0228%/8h= +25.0% APRnext payment +$2.28 per $10,000 · paid last 24h +0.025%

Price spread now: KuCoin against Bitget+0.034%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1771.771% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.034%, 7d avg −0.024%

Together, before fees−0.060%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.058% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.024%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SNXXUSDT	17.614	−0.0306	get 0.0306% / 8h	5h 49m	$4.0M	$40.1M	20x
Short	KuCoin SNXXUSDTM	17.620	−0.0078	pay 0.0078% / 8h	5h 49m	$209K	$401K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $47.88
Price spread: +0.034% → −0.024%: $5.79
Slippage, 4 orders: −$153.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$123.44
Costs to cover: 1.771%
Break-even: 25.0 days

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 54 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, 3 min ago	1.14 bp	11.0 bp −$11	25.4 bp −$254	42.5 bp −$4,255	doesn't fit
Sell KuCoin live order book, 54 min ago	17.28 bp	82.6 bp −$83	doesn't fit	doesn't fit	doesn't fit

SNXX on 15 exchanges

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
Orderly PERP_SNXX_USDC_mythos	−0.0592%	8h	17.620	+0.034%	$1K	$2K	10x	as long as short
Bitget SNXXUSDTlong	−0.0306%	8h	17.614	long leg	$4.0M	$40.1M	20x
edgeX SNXXUSDC	−0.0221%	4h	17.619	+0.030%	$54K	$401K	10x	as long as short
KuCoin SNXXUSDTMshort	−0.0078%	8h	17.620	+0.034%	$209K	$401K	20x
Aster SNXXUSDT	0.0000%	8h	17.625	+0.060%	$49K	$511K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.617	+0.018%	$29.1M	$474.5M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.630	+0.091%	$4.0M	$20.6M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.620	+0.034%	$5.2M	$65.0M	25x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.616	+0.011%	$4.6M	$18.5M	50x	as long as short
MEXC SNXX_USDT	0.0000%	8h	17.610	−0.023%	$13.4M	$8.5M	50x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNXX-USDT	0.0000%	8h	17.610	−0.023%	—	$3.9M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.620	+0.034%	$1.6M	$1.5M	20x	as long as short
BloFin SNXX-USDT	+0.0003%	8h	17.620	+0.034%	$294K	$278K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.605	−0.051%	$154K	$723K	10x	as long as short
HTX SNXX-USDT	+0.0157%	8h	17.620	+0.034%	$10K	$4K	20x	as long as short