Funding you earn now, next payment 12:00 UTC−0.0752%/8h= −82.4% APRpaid last 24h +0.019%
Price spread now: Bitget against edgeX+0.006%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.006%, 7d avg −0.025%
=Together, before fees+0.371%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.031% dearer against edgeX than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.378%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.378% in total (about 19.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNXXUSDC | 17.478 | 0.0542 | pay 0.0271% / 4h | 1h 28m | $54K | $402K | 10x |
| Short | Bitget SNXXUSDT | 17.479 | −0.0210 | pay 0.0210% / 8h | 5h 28m | $4.0M | $39.5M | 20x |
edgeX SNXXUSDC
Bitget SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- −$157.95
- Price spread: +0.006% → −0.025%
- $3.08
- Slippage, 4 orders
- −$33.05
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$208.92
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; Bitget: 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 edgeX live order book, 18 min ago | 11.40 bp | 15.9 bp −$16 | 55.7 bp −$557 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.00 bp | 11.8 bp −$12 | 21.2 bp −$212 | 28.9 bp −$2,891 | 56.5 bp −$28.2K |
SNXX on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythos | −0.0592% | 8h | 17.490 | +0.069% | $1K | $2K | 10x | as long as short |
| Bitget SNXXUSDTshort | −0.0210% | 8h | 17.479 | +0.006% | $4.0M | $39.5M | 20x | |
| KuCoin SNXXUSDTM | −0.0046% | 8h | 17.490 | +0.069% | $207K | $417K | 20x | as long as short |
| BloFin SNXX-USDT | −0.0001% | 8h | 17.480 | +0.012% | $292K | $272K | 25x | as long as short |
| Aster SNXXUSDT | 0.0000% | 8h | 17.475 | −0.018% | $48K | $509K | 20x | as long as short |
| Binance SNXXUSDT | 0.0000% | 8h | 17.490 | +0.069% | $28.9M | $475.3M | 25x | as long as short |
| Bybit SNXXUSDT | 0.0000% | 8h | 17.480 | +0.012% | $4.0M | $20.5M | 50x | as long as short |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.480 | +0.012% | $5.0M | $64.2M | 25x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.476 | −0.011% | $4.6M | $18.6M | 50x | as long as short |
| MEXC SNXX_USDT | 0.0000% | 8h | 17.490 | +0.069% | $13.3M | $8.7M | 50x | as long as short |
Orderly PERP_SNXX_USDC_mythos
KuCoin SNXXUSDTM
BloFin SNXX-USDT
Aster SNXXUSDT
Binance SNXXUSDT
Bybit SNXXUSDT
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
MEXC SNXX_USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SNXX-USDT | 0.0000% | 8h | 17.470 | −0.045% | — | $3.9M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.510 | +0.183% | $9K | $4K | 20x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.490 | +0.069% | $1.5M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXX | +0.0050% | 1h | 17.479 | +0.006% | $155K | $715K | 10x | as long as short |
| edgeX SNXXUSDClong | +0.0542% | 4h | 17.478 | long leg | $54K | $402K | 10x |
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
tradeXYZ xyz:SNXX