Funding you earn now, next payment 16:00 UTC+0.0942%/8h= +103.1% APRnext payment +$9.42 per $10,000 · paid last 24h +0.088%
Price spread now: SunX against Bitget+0.081%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1911.910% of the position
Funding, last 7 days−0.225%−$22 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.081%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and SunX is 0.081% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.225%, 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 -0.225% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.42 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 | 17.276 | −0.0942 | get 0.0942% / 8h | 7h 44m | $3.9M | $40.0M | 20x |
| Short | SunX SNXX-USDT | 17.290 | 0 | get 0.0000% / 8h | 7h 44m | — | $4.3M | 10x |
Bitget SNXXUSDT
SunX SNXX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $197.82
- Price spread: +0.081% → 0.000%
- $8.08
- Slippage, 4 orders
- −$171.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $14.89
- Costs to cover
- 1.910%
- Break-even
- 6.5 days
Slippage from Bitget: live order book, 4 min ago; SunX: 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 Bitget live order book, 4 min ago | 1.45 bp | 10.1 bp −$10 | 29.2 bp −$292 | 49.4 bp −$4,943 | 79.1 bp −$39.6K |
| Sell SunX live order book, 4 min ago | 49.29 bp | 84.6 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SNXX_USDT | −0.1034% | 8h | 17.280 | +0.023% | $13.5M | $8.6M | 50x | as long as short |
| Binance SNXXUSDT | −0.1031% | 8h | 17.280 | +0.023% | $31.5M | $468.5M | 25x | as long as short |
| BloFin SNXX-USDT | −0.1016% | 8h | 17.280 | +0.023% | $292K | $277K | 25x | as long as short |
| Bitget SNXXUSDTlong | −0.0942% | 8h | 17.276 | long leg | $3.9M | $40.0M | 20x | |
| KuCoin SNXXUSDTM | −0.0807% | 8h | 17.270 | −0.035% | $205K | $277K | 20x | as long as short |
| Aster SNXXUSDT | −0.0643% | 8h | 17.268 | −0.047% | $49K | $493K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0528% | 8h | 17.260 | −0.093% | $1K | $2K | 10x | as long as short |
| edgeX SNXXUSDC | −0.0437% | 4h | 17.264 | −0.070% | $53K | $403K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0418% | 8h | 17.270 | −0.035% | $5.0M | $62.4M | 25x | as long as short |
| Gate SNXX_USDT | −0.0248% | 8h | 17.271 | −0.029% | $4.5M | $18.4M | 50x | as long as short |
MEXC SNXX_USDT
Binance SNXXUSDT
BloFin SNXX-USDT
KuCoin SNXXUSDTM
Aster SNXXUSDT
Orderly PERP_SNXX_USDC_mythos
edgeX SNXXUSDC
OKX SNXX-USDT-SWAP
Gate SNXX_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | 0.0000% | 8h | 17.280 | +0.023% | $3.9M | $19.9M | 50x | as long as short |
| SunX SNXX-USDTshort | 0.0000% | 8h | 17.290 | +0.081% | — | $4.3M | 10x | |
| HTX SNXX-USDT | 0.0000% | 8h | 17.210 | −0.382% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.280 | +0.023% | $1.5M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.268 | −0.046% | $147K | $716K | 10x | as long as short |
Bybit SNXXUSDT
HTX SNXX-USDT
Phemex SNXXUSDT
tradeXYZ xyz:SNXX