SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0539%/8h= +59.1% APRnext payment +$5.39 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit+0.057%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$280as in the Funding arb table

Net, price: spread back to 7d avg − costs−$268as in the Price arb table

costs, in and out, $10k−$2772.767% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.057%, 7d avg −0.029%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.086% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.029%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.39 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	17.400	−0.1591	get 0.1591% / 8h	1h 52m	$3.8M	$19.7M	50x
Short	KuCoin SNXXUSDTM	17.410	−0.1052	pay 0.1052% / 8h	1h 52m	$206K	$256K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.057%Rate

Funding earned: $113.28
Price spread: +0.057% → −0.029%: $8.61
Slippage, 4 orders: −$253.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$154.78
Costs to cover: 2.767%
Break-even: 16.6 days

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 64 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, 1 min ago	2.88 bp	12.9 bp −$13	29.0 bp −$290	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	11.42 bp	100.8 bp −$101	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
Bybit SNXXUSDTlong	−0.1591%	8h	17.400	long leg	$3.8M	$19.7M	50x
tradeXYZ xyz:SNXX	−0.1403%	1h	17.387	−0.075%	$145K	$736K	10x	as long as short
Binance SNXXUSDT	−0.1344%	8h	17.400	0.000%	$31.3M	$474.8M	25x	as long as short
BloFin SNXX-USDT	−0.1326%	8h	17.380	−0.115%	$293K	$279K	25x	as long as short
MEXC SNXX_USDT	−0.1325%	8h	17.380	−0.115%	$9.0M	$7.7M	50x	as long as short
KuCoin SNXXUSDTMshort	−0.1052%	8h	17.410	+0.057%	$206K	$256K	20x
Bitget SNXXUSDT	−0.0931%	8h	17.385	−0.086%	$3.9M	$40.2M	20x	as long as short
HTX SNXX-USDT	−0.0887%	8h	17.360	−0.230%	$9K	$5K	10x	as long as short
Aster SNXXUSDT	−0.0725%	8h	17.377	−0.135%	$52K	$490K	20x	as long as short
OKX SNXX-USDT-SWAP	−0.0617%	8h	17.380	−0.115%	$5.3M	$62.9M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SNXX_USDC_mythos	−0.0465%	8h	17.390	−0.057%	$1K	$2K	10x	as long as short
SunX SNXX-USDT	−0.0173%	8h	17.370	−0.172%	—	$4.5M	10x	as long as short
Gate SNXX_USDT	−0.0128%	8h	17.368	−0.184%	$4.5M	$19.1M	50x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.380	−0.115%	$1.6M	$1.5M	20x	as long as short
edgeX SNXXUSDC	+0.0835%	4h	17.377	−0.134%	$54K	$403K	10x	as long as short