Funding you earn now, next payment 08:00 UTC+0.1454%/8h= +159.2% APRnext payment +$14.54 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.119%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.119%, 7d avg −0.020%
=Funding pays, the price is against you. Gate is 0.099% cheaper against Bybit than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.020%). If the spread goes back, that is −$10 on $10k: about 5 hours of funding at the current rate (+$44 a day). Mind the row above: over the last 7 days funding on this pair cost −0.314%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.314% in total (about -16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.54 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 | Bybit SNXXUSDT | 17.590 | −0.1454 | get 0.1454% / 8h | 2h 51m | $3.6M | $19.1M | 50x |
| Short | Gate SNXX_USDT | 17.569 | 0 | get 0.0000% / 8h | 2h 51m | $4.2M | $18.3M | 50x |
Bybit SNXXUSDT
Gate SNXX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $305.35
- Price spread: −0.119% → −0.020%
- −$9.91
- Slippage, 4 orders
- −$23.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $245.59
- Costs to cover
- 0.498%
- Break-even
- 1.4 days
Slippage from Bybit: live order book, 2 min ago; Gate: 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 | 2.85 bp | 13.6 bp −$14 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.28 bp | 14.8 bp −$15 | 40.9 bp −$409 | 54.5 bp −$5,452 | 121.6 bp −$60.8K |
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 | −0.2403% | 1h | 17.559 | −0.176% | $143K | $751K | 10x | as long as short |
| Bybit SNXXUSDTlong | −0.1454% | 8h | 17.590 | long leg | $3.6M | $19.1M | 50x | |
| HTX SNXX-USDT | −0.0906% | 8h | 17.570 | −0.114% | $9K | $5K | 10x | as long as short |
| MEXC SNXX_USDT | −0.0735% | 8h | 17.580 | −0.057% | $9.1M | $7.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.0732% | 8h | 17.530 | −0.341% | $281K | $281K | 25x | as long as short |
| Binance SNXXUSDT | −0.0731% | 8h | 17.580 | −0.057% | $31.0M | $474.6M | 25x | as long as short |
| KuCoin SNXXUSDTM | −0.0580% | 8h | 17.540 | −0.284% | $207K | $269K | 20x | as long as short |
| edgeX SNXXUSDC | −0.0511% | 4h | 17.563 | −0.151% | $54K | $403K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0489% | 8h | 17.582 | −0.045% | $3.9M | $40.3M | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.570 | −0.114% | $1K | $2K | 10x | as long as short |
tradeXYZ xyz:SNXX
HTX SNXX-USDT
MEXC SNXX_USDT
BloFin SNXX-USDT
Binance SNXXUSDT
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-SWAP | −0.0200% | 8h | 17.590 | 0.000% | $5.1M | $63.5M | 25x | as long as short |
| SunX SNXX-USDT | −0.0128% | 8h | 17.590 | 0.000% | — | $4.6M | 10x | as long as short |
| Aster SNXXUSDT | −0.0076% | 8h | 17.556 | −0.196% | $52K | $490K | 20x | as long as short |
| Gate SNXX_USDTshort | 0.0000% | 8h | 17.569 | −0.119% | $4.2M | $18.3M | 50x | |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.590 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
OKX SNXX-USDT-SWAP
SunX SNXX-USDT
Aster SNXXUSDT
Phemex SNXXUSDT