Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.073%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.073%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.084% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNXXUSDT | 17.910 | 0.0260 | pay 0.0260% / 8h | 4h 41m | $3.4M | $18.3M | 50x |
| Short | Bitget SNXXUSDT | 17.923 | 0.0272 | get 0.0272% / 8h | 4h 41m | $4.1M | $40.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $2.5
- Price spread: +0.073% → −0.012%
- $8.42
- Slippage, 4 orders
- −$34.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.86
- Costs to cover
- 0.578%
- Break-even
- 138.2 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago | 2.79 bp | 16.2 bp −$16 | 28.4 bp −$284 | 1538.0 bp −$153.8K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.12 bp | 14.2 bp −$14 | 33.8 bp −$338 | 46.2 bp −$4,622 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SNXX_USDT | 0.0000% | 8h | 17.920 | +0.056% | $4.3M | $17.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.920 | +0.056% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.920 | +0.056% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.910 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| OKX SNXX-USDT-SWAP | +0.0090% | 8h | 17.920 | +0.056% | $5.1M | $61.7M | 25x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.910 | 0.000% | $212K | $298K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.900 | −0.056% | $1K | $2K | 10x | as long as short |
| Bybit SNXXUSDTlong | +0.0260% | 8h | 17.910 | long leg | $3.4M | $18.3M | 50x | |
| Bitget SNXXUSDTshort | +0.0272% | 8h | 17.923 | +0.073% | $4.1M | $40.5M | 20x | |
| tradeXYZ xyz:SNXX | +0.0309% | 1h | 17.901 | −0.050% | $141K | $743K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | +0.0471% | 8h | 17.900 | −0.056% | $288K | $286K | 25x | as long as short |
| Aster SNXXUSDT | +0.0486% | 8h | 17.903 | −0.039% | $53K | $573K | 20x | as long as short |
| Binance SNXXUSDT | +0.0489% | 8h | 17.920 | +0.056% | $32.8M | $462.7M | 25x | as long as short |
| MEXC SNXX_USDT | +0.0490% | 8h | 17.920 | +0.056% | $9.3M | $7.7M | 50x | as long as short |
| edgeX SNXXUSDC | +0.0977% | 4h | 17.880 | −0.169% | $55K | $405K | 10x | as long as short |
Bybit SNXXUSDT
Bitget SNXXUSDT
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
OKX SNXX-USDT-SWAP
KuCoin SNXXUSDTM
tradeXYZ xyz:SNXX
BloFin SNXX-USDT
Aster SNXXUSDT
Binance SNXXUSDT
MEXC SNXX_USDT
edgeX SNXXUSDC