Funding you earn now, next payment 08:00 UTC−0.1887%/8h= −206.7% APRpaid last 24h +0.143%
Price spread now: KuCoin against edgeX+0.192%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2982.976% of the position
Funding, last 7 days+0.481%+$48 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.192%, 7d avg −0.049%
=Together, before fees+0.242%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.241% dearer against edgeX than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of −0.049%): +$24 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.481%, 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 0.481% in total (about 25.1% 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 | 17.377 | 0.0835 | pay 0.0418% / 4h | 1h 52m | $54K | $403K | 10x |
| Short | KuCoin SNXXUSDTM | 17.410 | −0.1052 | pay 0.1052% / 8h | 1h 52m | $206K | $256K | 20x |
edgeX SNXXUSDC
KuCoin SNXXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$396.35
- Price spread: +0.192% → −0.049%
- $24.07
- Slippage, 4 orders
- −$276.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$669.89
- Costs to cover
- 2.976%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 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 edgeX live order book, 56 min ago | 14.27 bp | 28.5 bp −$29 | 70.5 bp −$705 | 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 SNXXUSDT | −0.1591% | 8h | 17.400 | +0.134% | $3.8M | $19.7M | 50x | as long as short |
| tradeXYZ xyz:SNXX | −0.1406% | 1h | 17.373 | −0.021% | $145K | $736K | 10x | as long as short |
| Binance SNXXUSDT | −0.1344% | 8h | 17.390 | +0.076% | $31.3M | $474.9M | 25x | as long as short |
| BloFin SNXX-USDT | −0.1326% | 8h | 17.380 | +0.019% | $293K | $279K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1325% | 8h | 17.400 | +0.134% | $9.1M | $7.7M | 50x | as long as short |
| KuCoin SNXXUSDTMshort | −0.1052% | 8h | 17.410 | +0.192% | $206K | $256K | 20x | |
| Bitget SNXXUSDT | −0.0931% | 8h | 17.384 | +0.042% | $3.9M | $40.2M | 20x | as long as short |
| HTX SNXX-USDT | −0.0887% | 8h | 17.360 | −0.096% | $9K | $5K | 10x | as long as short |
| Aster SNXXUSDT | −0.0725% | 8h | 17.375 | −0.009% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0617% | 8h | 17.370 | −0.039% | $5.3M | $62.9M | 25x | as long as short |
Bybit SNXXUSDT
tradeXYZ xyz:SNXX
Binance SNXXUSDT
BloFin SNXX-USDT
MEXC SNXX_USDT
Bitget SNXXUSDT
HTX SNXX-USDT
Aster SNXXUSDT
OKX SNXX-USDT-SWAPShow 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 | +0.076% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0173% | 8h | 17.370 | −0.039% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0128% | 8h | 17.374 | −0.016% | $4.5M | $19.1M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | +0.019% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDClong | +0.0835% | 4h | 17.377 | long leg | $54K | $403K | 10x |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT