Funding you earn now, next payment 08:00 UTC−0.0781%/8h= −85.5% APRpaid last 24h +0.113%
Price spread now: SunX against edgeX+0.105%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2142.143% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.105%, 7d avg −0.027%
=Together, before fees−0.068%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.132% dearer against edgeX than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.027%): +$13 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.156%, 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 0.156% in total (about 8.1% 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 | 17.492 | 0.0513 | pay 0.0257% / 4h | 2h 06m | $54K | $402K | 10x |
| Short | SunX SNXX-USDT | 17.510 | −0.0268 | pay 0.0268% / 8h | 2h 06m | — | $4.5M | 10x |
edgeX SNXXUSDC
SunX SNXX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$164.04
- Price spread: +0.105% → −0.027%
- $13.2
- Slippage, 4 orders
- −$197.25
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$365.09
- Costs to cover
- 2.143%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; SunX: live order book, 12 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, 42 min ago | 14.27 bp | 28.5 bp −$29 | 70.5 bp −$705 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 48.78 bp | 83.8 bp −$84 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | −0.2914% | 1h | 17.475 | −0.095% | $146K | $738K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1801% | 8h | 17.500 | +0.048% | $3.8M | $19.6M | 50x | as long as short |
| MEXC SNXX_USDT | −0.1451% | 8h | 17.480 | −0.066% | $9.1M | $7.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1433% | 8h | 17.490 | −0.009% | $290K | $280K | 25x | as long as short |
| Binance SNXXUSDT | −0.1432% | 8h | 17.500 | +0.048% | $31.5M | $474.4M | 25x | as long as short |
| KuCoin SNXXUSDTM | −0.1083% | 8h | 17.420 | −0.409% | $206K | $257K | 20x | as long as short |
| HTX SNXX-USDT | −0.1060% | 8h | 17.500 | +0.048% | $9K | $5K | 10x | as long as short |
| Bitget SNXXUSDT | −0.0990% | 8h | 17.489 | −0.015% | $3.9M | $40.2M | 20x | as long as short |
| Aster SNXXUSDT | −0.0788% | 8h | 17.422 | −0.398% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0617% | 8h | 17.490 | −0.009% | $5.3M | $63.1M | 25x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
MEXC SNXX_USDT
BloFin SNXX-USDT
Binance SNXXUSDT
KuCoin SNXXUSDTM
HTX SNXX-USDT
Bitget SNXXUSDT
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 | −0.0464% | 8h | 17.510 | +0.105% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDTshort | −0.0268% | 8h | 17.510 | +0.105% | — | $4.5M | 10x | |
| Gate SNXX_USDT | −0.0144% | 8h | 17.483 | −0.049% | $4.6M | $19.2M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.500 | +0.048% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDClong | +0.0513% | 4h | 17.492 | long leg | $54K | $402K | 10x |
Orderly PERP_SNXX_USDC_mythos
Gate SNXX_USDT
Phemex SNXXUSDT