Funding you earn now, next payment 08:00 UTC−0.0934%/8h= −102.3% APRnext payment −$9.34 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.069%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.615% of the position
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.069%, 7d avg +0.020%
=The price spread pays, funding is against you. Bybit is 0.049% dearer against Gate than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.020%): +$5 on $10k if it goes back. Holding the pair costs −$28 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 +0.314%, 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 0.314% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.34 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 | 17.398 | −0.0131 | get 0.0131% / 8h | 40m 33s | $4.6M | $19.0M | 50x |
| Short | Bybit SNXXUSDT | 17.410 | −0.1065 | pay 0.1065% / 8h | 40m 33s | $3.8M | $19.8M | 50x |
Gate SNXX_USDT
Bybit SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- −$196.14
- Price spread: +0.069% → +0.020%
- $4.9
- Slippage, 4 orders
- −$35.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.76
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: 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 | 4.31 bp | 22.0 bp −$22 | 32.0 bp −$320 | 55.3 bp −$5,529 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.87 bp | 14.1 bp −$14 | 24.6 bp −$246 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | −0.1245% | 8h | 17.450 | +0.299% | $292K | $280K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1244% | 8h | 17.410 | +0.069% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1226% | 8h | 17.410 | +0.069% | $31.5M | $473.2M | 25x | as long as short |
| Bybit SNXXUSDTshort | −0.1065% | 8h | 17.410 | +0.069% | $3.8M | $19.8M | 50x | |
| Bitget SNXXUSDT | −0.0999% | 8h | 17.402 | +0.023% | $3.9M | $40.4M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0979% | 8h | 17.380 | −0.103% | $205K | $245K | 20x | as long as short |
| Aster SNXXUSDT | −0.0716% | 8h | 17.362 | −0.210% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0576% | 8h | 17.400 | +0.011% | $5.2M | $63.4M | 25x | as long as short |
| tradeXYZ xyz:SNXX | −0.0478% | 1h | 17.391 | −0.040% | $148K | $727K | 10x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.400 | +0.011% | $1K | $2K | 10x | as long as short |
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
Bitget SNXXUSDT
KuCoin SNXXUSDTM
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
tradeXYZ xyz:SNXX
Orderly PERP_SNXX_USDC_mythosShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SNXX-USDT | −0.0456% | 8h | 17.440 | +0.241% | $9K | $4K | 10x | as long as short |
| Gate SNXX_USDTlong | −0.0131% | 8h | 17.398 | long leg | $4.6M | $19.0M | 50x | |
| SunX SNXX-USDT | 0.0000% | 8h | 17.420 | +0.126% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.430 | +0.184% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0180% | 4h | 17.406 | +0.046% | $54K | $401K | 10x | as long as short |
HTX SNXX-USDT
SunX SNXX-USDT
Phemex SNXXUSDT
edgeX SNXXUSDC