SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0741%/8h= −81.1% APRnext payment −$7.41 per $10,000 · paid last 24h −0.080%

Price spread now: Bitget against Gate+0.046%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$610.611% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.191%+$19 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.046%, 7d avg +0.008%

Together, before fees+0.172%+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.038% dearer against Gate than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.191%, 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 0.191% in total (about 10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.41 per $10,000. 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	Gate SNXX_USDT	17.278	0	get 0.0000% / 8h	7h 10m	$4.5M	$18.8M	50x
Short	Bitget SNXXUSDT	17.286	−0.0741	pay 0.0741% / 8h	7h 10m	$4.1M	$39.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$155.61
Price spread: +0.046% → +0.008%: $3.8
Slippage, 4 orders: −$34.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$212.92
Costs to cover: 0.611%
Break-even: never at this rate

Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago	6.10 bp	19.7 bp −$20	33.8 bp −$338	54.7 bp −$5,474	doesn't fit
Sell Bitget live order book, 3 min ago	2.32 bp	12.9 bp −$13	25.4 bp −$254	35.6 bp −$3,564	83.3 bp −$41.7K

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	−0.0914%	4h	17.239	−0.227%	$53K	$403K	10x	as long as short
MEXC SNXX_USDT	−0.0878%	8h	17.280	+0.012%	$13.2M	$8.6M	50x	as long as short
Binance SNXXUSDT	−0.0852%	8h	17.300	+0.125%	$31.5M	$469.2M	25x	as long as short
BloFin SNXX-USDT	−0.0823%	8h	17.280	+0.012%	$282K	$277K	25x	as long as short
Bitget SNXXUSDTshort	−0.0741%	8h	17.286	+0.046%	$4.1M	$39.6M	20x
Orderly PERP_SNXX_USDC_mythos	−0.0627%	8h	17.290	+0.069%	$1K	$2K	10x	as long as short
KuCoin SNXXUSDTM	−0.0600%	8h	17.230	−0.278%	$204K	$312K	20x	as long as short
Aster SNXXUSDT	−0.0517%	8h	17.284	+0.035%	$46K	$495K	20x	as long as short
OKX SNXX-USDT-SWAP	−0.0291%	8h	17.290	+0.069%	$5.1M	$62.1M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.300	+0.127%	$3.9M	$20.2M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNXX_USDTlong	0.0000%	8h	17.278	long leg	$4.5M	$18.8M	50x
SunX SNXX-USDT	0.0000%	8h	17.280	+0.012%	—	$4.1M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.320	+0.243%	$9K	$4K	20x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.280	+0.012%	$1.5M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0135%	1h	17.288	+0.058%	$149K	$717K	10x	as long as short