Funding you earn now, next payment 07:00 UTC−0.1626%/8h= −178.0% APRpaid last 24h 0.000%
Price spread now: tradeXYZ against Gate+0.116%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.116%, 7d avg +0.071%
=Together, before fees+0.045%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.044% dearer against Gate than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of +0.071%): +$4 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.266%, 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 0.266% in total (about 14.6% 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 | Gate SNXX_USDT | 17.305 | −0.0160 | get 0.0160% / 8h | 1h 39m | $4.5M | $19.1M | 50x |
| Short | tradeXYZ xyz:SNXX | 17.325 | −0.1786 | pay 0.0223% / 1h | 39m 48s | $145K | $734K | 10x |
Gate SNXX_USDT
tradeXYZ xyz:SNXXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$341.36
- Price spread: +0.116% → +0.071%
- $4.42
- Slippage, 4 orders
- −$45.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$415.74
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; tradeXYZ: live order book, 7 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, 4 min ago | 5.48 bp | 19.8 bp −$20 | 36.3 bp −$363 | 56.4 bp −$5,637 | 127.7 bp −$63.8K |
| Sell tradeXYZ live order book, 7 min ago | 2.60 bp | 19.4 bp −$19 | 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:SNXXshort | −0.1786% | 1h | 17.325 | +0.116% | $145K | $734K | 10x | |
| Bybit SNXXUSDT | −0.1578% | 8h | 17.320 | +0.087% | $3.8M | $19.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1450% | 8h | 17.327 | +0.126% | $31.2M | $475.0M | 25x | as long as short |
| MEXC SNXX_USDT | −0.1444% | 8h | 17.330 | +0.144% | $9.3M | $7.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1435% | 8h | 17.340 | +0.202% | $295K | $278K | 25x | as long as short |
| KuCoin SNXXUSDTM | −0.1113% | 8h | 17.340 | +0.202% | $205K | $254K | 20x | as long as short |
| Bitget SNXXUSDT | −0.1047% | 8h | 17.317 | +0.069% | $3.9M | $40.2M | 20x | as long as short |
| HTX SNXX-USDT | −0.0883% | 8h | 17.310 | +0.029% | $9K | $5K | 10x | as long as short |
| Aster SNXXUSDT | −0.0831% | 8h | 17.330 | +0.143% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0706% | 8h | 17.310 | +0.029% | $5.2M | $62.8M | 25x | as long as short |
Bybit SNXXUSDT
Binance SNXXUSDT
MEXC SNXX_USDT
BloFin SNXX-USDT
KuCoin SNXXUSDTM
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 | 17.340 | +0.202% | $1K | $2K | 10x | as long as short |
| Gate SNXX_USDTlong | −0.0160% | 8h | 17.305 | long leg | $4.5M | $19.1M | 50x | |
| SunX SNXX-USDT | −0.0094% | 8h | 17.340 | +0.202% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.310 | +0.029% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0976% | 4h | 17.350 | +0.263% | $53K | $404K | 10x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Phemex SNXXUSDT
edgeX SNXXUSDC