Funding you earn now, next payment 05:00 UTC−0.2173%/8h= −238.0% APRpaid last 24h +0.042%
Price spread now: tradeXYZ against Bitget+0.237%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now +0.237%, 7d avg +0.062%
=Together, before fees−0.332%+ Points / potential airdroptradeXYZ: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.175% dearer against Bitget than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.062%): +$18 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.3% a year). A funding rate is set anew for every payment. 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 | 17.724 | 0 | get 0.0000% / 8h | 3h 44m | $4.0M | $40.3M | 20x |
| Short | tradeXYZ xyz:SNXX | 17.766 | −0.2173 | pay 0.0272% / 1h | 44m 11s | $138K | $747K | 10x |
Bitget SNXXUSDT
tradeXYZ xyz:SNXXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$456.41
- Price spread: +0.237% → +0.062%
- $17.53
- Slippage, 4 orders
- −$46.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$515.29
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 23 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 | 1.41 bp | 17.4 bp −$17 | 39.2 bp −$392 | 46.2 bp −$4,621 | 81.3 bp −$40.7K |
| Sell tradeXYZ live order book, 23 min ago | 2.78 bp | 24.4 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXXshort | −0.2173% | 1h | 17.766 | +0.237% | $138K | $747K | 10x | |
| edgeX SNXXUSDC | −0.0092% | 4h | 17.772 | +0.272% | $55K | $404K | 10x | as long as short |
| Bybit SNXXUSDT | 0.0000% | 8h | 17.750 | +0.147% | $3.3M | $18.5M | 50x | as long as short |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.720 | −0.023% | $4.8M | $62.3M | 25x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.734 | +0.056% | $4.2M | $17.9M | 50x | as long as short |
| Bitget SNXXUSDTlong | 0.0000% | 8h | 17.724 | long leg | $4.0M | $40.3M | 20x | |
| SunX SNXX-USDT | 0.0000% | 8h | 17.730 | +0.034% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.790 | +0.372% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.730 | +0.034% | $1.6M | $1.5M | 20x | as long as short |
| Binance SNXXUSDT | +0.0064% | 8h | 17.730 | +0.034% | $30.8M | $465.0M | 25x | as long as short |
edgeX SNXXUSDC
Bybit SNXXUSDT
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
Binance SNXXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | +0.0076% | 8h | 17.740 | +0.090% | $287K | $284K | 25x | as long as short |
| MEXC SNXX_USDT | +0.0092% | 8h | 17.730 | +0.034% | $9.2M | $7.7M | 50x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.780 | +0.316% | $210K | $286K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.760 | +0.203% | $1K | $2K | 10x | as long as short |
| Aster SNXXUSDT | +0.0315% | 8h | 17.807 | +0.466% | $53K | $573K | 20x | as long as short |
BloFin SNXX-USDT
MEXC SNXX_USDT
KuCoin SNXXUSDTM
Orderly PERP_SNXX_USDC_mythos
Aster SNXXUSDT