SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0231%/8h= +25.3% APRnext payment +$2.31 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit−0.056%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 7 days+0.044%+$4 · spread now −0.056%, 7d avg −0.026%

Together, before fees+0.217%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.030% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.026%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.173% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNXXUSDT	17.910	0.0258	pay 0.0258% / 8h	4h 39m	$3.4M	$18.3M	50x
Short	MEXC SNXX_USDT	17.900	0.0489	get 0.0489% / 8h	4h 39m	$9.3M	$7.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.056%Rate

Funding earned: $48.46
Price spread: −0.056% → −0.026%: −$3.02
Slippage, 4 orders: −$23.41
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: $11.03
Costs to cover: 0.344%
Break-even: 5.4 days

Slippage from Bybit: live order book, 4 min ago; MEXC: 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 Bybit live order book, 4 min ago	2.79 bp	16.2 bp −$16	28.4 bp −$284	1538.0 bp −$153.8K	doesn't fit
Sell MEXC live order book, 3 min ago	2.79 bp	2.8 bp −$3	2.8 bp −$28	8.4 bp −$835	52.6 bp −$26.3K

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
edgeX SNXXUSDC	−0.0260%	4h	17.914	+0.024%	$55K	$402K	10x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.906	−0.022%	$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	17.900	−0.056%	$1.6M	$1.5M	20x	as long as short
OKX SNXX-USDT-SWAP	+0.0087%	8h	17.900	−0.056%	$5.1M	$61.6M	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	17.920	+0.056%	$1K	$2K	10x	as long as short
Bybit SNXXUSDTlong	+0.0258%	8h	17.910	long leg	$3.4M	$18.3M	50x
Bitget SNXXUSDT	+0.0276%	8h	17.907	−0.017%	$4.1M	$40.5M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SNXX	+0.0317%	1h	17.895	−0.084%	$141K	$743K	10x	as long as short
Aster SNXXUSDT	+0.0485%	8h	17.912	+0.009%	$53K	$573K	20x	as long as short
MEXC SNXX_USDTshort	+0.0489%	8h	17.900	−0.056%	$9.3M	$7.7M	50x
Binance SNXXUSDT	+0.0490%	8h	17.910	0.000%	$32.8M	$462.7M	25x	as long as short
BloFin SNXX-USDT	+0.0497%	8h	17.930	+0.112%	$287K	$287K	25x	as long as short