Funding you earn now, next payment 06:00 UTC−0.1466%/8h= −160.6% APRpaid last 24h +0.005%
Price spread now: tradeXYZ against BloFin−0.291%88s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as 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−$700.699% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.291%, 7d avg +0.029%
=Together, before fees−0.026%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and tradeXYZ is 0.320% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 88 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 -0.176% in total (about -9.7% 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 | BloFin SNXX-USDT | 17.520 | −0.1505 | get 0.1505% / 8h | 2h 07m | $290K | $281K | 25x |
| Short | tradeXYZ xyz:SNXX | 17.469 | −0.2971 | pay 0.0371% / 1h | 7m 37s | $146K | $738K | 10x |
BloFin SNXX-USDT
tradeXYZ xyz:SNXXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$307.94
- Price spread: −0.291% → +0.029%
- −$32.03
- Slippage, 4 orders
- −$39.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$409.85
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; tradeXYZ: live order book, 50 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, 17 min ago | 8.65 bp | 14.6 bp −$15 | 23.6 bp −$236 | 56.4 bp −$5,639 | 174.0 bp −$87.0K |
| Sell tradeXYZ live order book, 50 min ago | 1.14 bp | 15.8 bp −$16 | 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 | −0.2971% | 1h | 17.469 | −0.291% | $146K | $738K | 10x | |
| Bybit SNXXUSDT | −0.1801% | 8h | 17.510 | −0.057% | $3.8M | $19.6M | 50x | as long as short |
| BloFin SNXX-USDTlong | −0.1505% | 8h | 17.520 | long leg | $290K | $281K | 25x | |
| MEXC SNXX_USDT | −0.1451% | 8h | 17.500 | −0.114% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1432% | 8h | 17.502 | −0.104% | $31.6M | $474.3M | 25x | as long as short |
| HTX SNXX-USDT | −0.1096% | 8h | 17.500 | −0.114% | $9K | $5K | 10x | as long as short |
| KuCoin SNXXUSDTM | −0.1083% | 8h | 17.430 | −0.514% | $206K | $257K | 20x | as long as short |
| Bitget SNXXUSDT | −0.0990% | 8h | 17.502 | −0.103% | $3.9M | $40.2M | 20x | as long as short |
| Aster SNXXUSDT | −0.0788% | 8h | 17.420 | −0.570% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0617% | 8h | 17.500 | −0.114% | $5.3M | $63.1M | 25x | as long as short |
Bybit SNXXUSDT
MEXC SNXX_USDT
Binance SNXXUSDT
HTX SNXX-USDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
Aster SNXXUSDT
OKX SNXX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythos | −0.0464% | 8h | 17.490 | −0.171% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0276% | 8h | 17.490 | −0.171% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0144% | 8h | 17.486 | −0.194% | $4.6M | $19.2M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.480 | −0.228% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0513% | 4h | 17.492 | −0.162% | $54K | $402K | 10x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT
edgeX SNXXUSDC