Funding you earn now, next payment 08:00 UTC+0.0511%/8h= +56.0% APRpaid last 24h +0.113%
Price spread now: Gate against edgeX+0.077%52s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.852% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.077%, 7d avg −0.037%
=Together, before fees+0.105%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.114% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% a year). A funding rate is set anew for every payment. 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 | edgeX SNXXUSDC | 17.563 | −0.0511 | get 0.0256% / 4h | 2h 50m | $54K | $403K | 10x |
| Short | Gate SNXX_USDT | 17.577 | 0 | get 0.0000% / 8h | 2h 50m | $4.2M | $18.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $107.38
- Price spread: +0.077% → −0.037%
- $11.37
- Slippage, 4 orders
- −$61.16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $33.58
- Costs to cover
- 0.852%
- Break-even
- 4.8 days
Slippage from edgeX: live order book, 63 min ago; Gate: 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, 63 min ago | 16.83 bp | 35.8 bp −$36 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 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 | −0.2298% | 1h | 17.567 | +0.020% | $144K | $752K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1439% | 8h | 17.590 | +0.151% | $3.6M | $19.1M | 50x | as long as short |
| HTX SNXX-USDT | −0.0890% | 8h | 17.570 | +0.037% | $9K | $5K | 10x | as long as short |
| BloFin SNXX-USDT | −0.0757% | 8h | 17.600 | +0.208% | $282K | $282K | 25x | as long as short |
| MEXC SNXX_USDT | −0.0730% | 8h | 17.570 | +0.037% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.0730% | 8h | 17.579 | +0.089% | $31.0M | $474.7M | 25x | as long as short |
| KuCoin SNXXUSDTM | −0.0576% | 8h | 17.550 | −0.077% | $207K | $269K | 20x | as long as short |
| edgeX SNXXUSDClong | −0.0511% | 4h | 17.563 | long leg | $54K | $403K | 10x | |
| Bitget SNXXUSDT | −0.0484% | 8h | 17.576 | +0.071% | $3.9M | $40.2M | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.570 | +0.037% | $1K | $2K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNXX-USDT-SWAP | −0.0197% | 8h | 17.580 | +0.094% | $5.1M | $63.5M | 25x | as long as short |
| SunX SNXX-USDT | −0.0121% | 8h | 17.570 | +0.037% | — | $4.6M | 10x | as long as short |
| Aster SNXXUSDT | −0.0076% | 8h | 17.566 | +0.014% | $52K | $490K | 20x | as long as short |
| Gate SNXX_USDTshort | 0.0000% | 8h | 17.577 | +0.077% | $4.2M | $18.3M | 50x | |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.570 | +0.037% | $1.6M | $1.5M | 20x | as long as short |
edgeX SNXXUSDC
Gate SNXX_USDT
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
OKX SNXX-USDT-SWAP
SunX SNXX-USDT
Aster SNXXUSDT
Phemex SNXXUSDT