Funding you earn now, next payment 08:00 UTC+0.0531%/8h= +58.1% APRnext payment +$5.31 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against BloFin+0.114%53s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as 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−$480.481% of the position
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.114%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and OKX is 0.162% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.312%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.312% in total (about -16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.31 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 | BloFin SNXX-USDT | 17.480 | −0.0750 | get 0.0750% / 8h | 2h 46m | $279K | $280K | 25x |
| Short | OKX SNXX-USDT-SWAP | 17.500 | −0.0219 | pay 0.0219% / 8h | 2h 46m | $5.1M | $63.1M | 25x |
BloFin SNXX-USDT
OKX SNXX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $111.51
- Price spread: +0.114% → −0.047%
- $16.15
- Slippage, 4 orders
- −$26.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $79.54
- Costs to cover
- 0.481%
- Break-even
- 2.0 days
Slippage from BloFin: live order book, 43 min ago; OKX: live order book, 3 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, 43 min ago | 8.48 bp | 14.5 bp −$14 | 15.0 bp −$150 | 32.5 bp −$3,249 | 80.1 bp −$40.0K |
| Sell OKX live order book, 3 min ago | 2.85 bp | 11.3 bp −$11 | 17.1 bp −$171 | 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:SNXX | −0.2106% | 1h | 17.517 | +0.212% | $143K | $752K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1422% | 8h | 17.510 | +0.172% | $3.6M | $19.1M | 50x | as long as short |
| HTX SNXX-USDT | −0.0863% | 8h | 17.510 | +0.172% | $9K | $5K | 10x | as long as short |
| Binance SNXXUSDT | −0.0755% | 8h | 17.510 | +0.174% | $30.9M | $474.8M | 25x | as long as short |
| BloFin SNXX-USDTlong | −0.0750% | 8h | 17.480 | long leg | $279K | $280K | 25x | |
| MEXC SNXX_USDT | −0.0742% | 8h | 17.520 | +0.229% | $9.1M | $7.7M | 50x | as long as short |
| KuCoin SNXXUSDTM | −0.0594% | 8h | 17.530 | +0.286% | $207K | $266K | 20x | as long as short |
| edgeX SNXXUSDC | −0.0501% | 4h | 17.550 | +0.401% | $54K | $404K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0489% | 8h | 17.506 | +0.149% | $3.9M | $40.2M | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.550 | +0.400% | $1K | $2K | 10x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
Binance SNXXUSDT
MEXC SNXX_USDT
KuCoin SNXXUSDTM
edgeX SNXXUSDC
Bitget SNXXUSDT
Orderly PERP_SNXX_USDC_mythosShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNXX-USDT-SWAPshort | −0.0219% | 8h | 17.500 | +0.114% | $5.1M | $63.1M | 25x | |
| Aster SNXXUSDT | −0.0100% | 8h | 17.533 | +0.306% | $52K | $490K | 20x | as long as short |
| SunX SNXX-USDT | −0.0085% | 8h | 17.490 | +0.057% | — | $4.6M | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.503 | +0.132% | $4.2M | $18.4M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.500 | +0.114% | $1.6M | $1.5M | 20x | as long as short |
Aster SNXXUSDT
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT