Funding you earn now, next payment 16:00 UTC+0.0268%/8h= +29.4% APRnext payment +$2.68 per $10,000 · paid last 24h +0.087%
Price spread now: Gate against BloFin+0.150%93s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.150%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.202% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.387%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SNXX-USDT | 17.350 | −0.0268 | get 0.0268% / 8h | 6h 17m | $290K | $278K | 25x |
| Short | Gate SNXX_USDT | 17.376 | 0 | get 0.0000% / 8h | 6h 17m | $4.5M | $18.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $56.37
- Price spread: +0.150% → −0.052%
- $20.19
- Slippage, 4 orders
- −$34.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $15.31
- Costs to cover
- 0.613%
- Break-even
- 5.1 days
Slippage from BloFin: live order book, 29 min ago; Gate: 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 BloFin live order book, 29 min ago | 8.68 bp | 14.7 bp −$15 | 22.0 bp −$220 | 51.1 bp −$5,115 | 164.0 bp −$82.0K |
| Sell Gate live order book, 4 min ago | 4.03 bp | 12.9 bp −$13 | 37.1 bp −$371 | 53.2 bp −$5,318 | 118.3 bp −$59.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | −0.0783% | 4h | 17.377 | +0.153% | $54K | $401K | 10x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0623% | 8h | 17.370 | +0.115% | $1K | $2K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0443% | 8h | 17.389 | +0.225% | $4.0M | $40.0M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0298% | 8h | 17.380 | +0.173% | $206K | $371K | 20x | as long as short |
| BloFin SNXX-USDTlong | −0.0268% | 8h | 17.350 | long leg | $290K | $278K | 25x | |
| MEXC SNXX_USDT | −0.0252% | 8h | 17.390 | +0.231% | $13.2M | $8.6M | 50x | as long as short |
| Binance SNXXUSDT | −0.0243% | 8h | 17.390 | +0.231% | $30.3M | $469.5M | 25x | as long as short |
| Aster SNXXUSDT | −0.0071% | 8h | 17.386 | +0.208% | $49K | $500K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0011% | 8h | 17.380 | +0.173% | $5.2M | $63.3M | 25x | as long as short |
| Bybit SNXXUSDT | 0.0000% | 8h | 17.390 | +0.231% | $4.0M | $20.4M | 50x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNXX_USDTshort | 0.0000% | 8h | 17.376 | +0.150% | $4.5M | $18.7M | 50x | |
| SunX SNXX-USDT | 0.0000% | 8h | 17.380 | +0.173% | — | $4.0M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.370 | +0.115% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.390 | +0.231% | $1.5M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.406 | +0.323% | $153K | $703K | 10x | as long as short |
BloFin SNXX-USDT
Gate SNXX_USDT
edgeX SNXXUSDC
Bitget SNXXUSDT
KuCoin SNXXUSDTM
MEXC SNXX_USDT
Binance SNXXUSDT
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
Bybit SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
tradeXYZ xyz:SNXX