Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin0.000%64s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as 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−$350.350% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now 0.000%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.061% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 64 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 | 17.330 | −0.1316 | get 0.1316% / 8h | 58m 06s | $291K | $278K | 25x |
| Short | MEXC SNXX_USDT | 17.330 | −0.1295 | pay 0.1295% / 8h | 58m 06s | $9.3M | $7.7M | 50x |
BloFin SNXX-USDT
MEXC SNXX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $4.34
- Price spread: 0.000% → −0.061%
- $6.13
- Slippage, 4 orders
- −$22.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$24.52
- Costs to cover
- 0.350%
- Break-even
- 46.5 days
Slippage from BloFin: live order book, 21 min ago; MEXC: live order book, 5 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, 21 min ago | 8.62 bp | 14.6 bp −$15 | 21.3 bp −$213 | 32.7 bp −$3,272 | 118.0 bp −$59.0K |
| Sell MEXC live order book, 5 min ago | 2.88 bp | 2.9 bp −$3 | 2.9 bp −$29 | 10.0 bp −$995 | 70.9 bp −$35.5K |
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:SNXX | −0.1778% | 1h | 17.317 | −0.075% | $147K | $735K | 10x | as long as short |
| BloFin SNXX-USDTlong | −0.1316% | 8h | 17.330 | long leg | $291K | $278K | 25x | |
| Binance SNXXUSDT | −0.1300% | 8h | 17.330 | 0.000% | $31.3M | $474.4M | 25x | as long as short |
| MEXC SNXX_USDTshort | −0.1295% | 8h | 17.330 | 0.000% | $9.3M | $7.7M | 50x | |
| Bybit SNXXUSDT | −0.1203% | 8h | 17.320 | −0.058% | $3.8M | $19.8M | 50x | as long as short |
| KuCoin SNXXUSDTM | −0.1032% | 8h | 17.360 | +0.173% | $205K | $248K | 20x | as long as short |
| Bitget SNXXUSDT | −0.0978% | 8h | 17.317 | −0.075% | $3.9M | $40.4M | 20x | as long as short |
| edgeX SNXXUSDC | −0.0798% | 4h | 17.351 | +0.118% | $53K | $404K | 10x | as long as short |
| Aster SNXXUSDT | −0.0754% | 8h | 17.339 | +0.051% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0631% | 8h | 17.310 | −0.115% | $5.2M | $62.8M | 25x | as long as short |
tradeXYZ xyz:SNXX
Binance SNXXUSDT
Bybit SNXXUSDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
edgeX SNXXUSDC
Aster SNXXUSDT
OKX SNXX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SNXX-USDT | −0.0548% | 8h | 17.370 | +0.231% | $9K | $4K | 10x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.350 | +0.115% | $1K | $2K | 10x | as long as short |
| Gate SNXX_USDT | −0.0138% | 8h | 17.309 | −0.121% | $4.5M | $19.0M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.310 | −0.115% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.310 | −0.115% | $1.6M | $1.5M | 20x | as long as short |
HTX SNXX-USDT
Orderly PERP_SNXX_USDC_mythos
Gate SNXX_USDT
SunX SNXX-USDT
Phemex SNXXUSDT