Funding you earn now, next payment 08:00 UTC+0.0348%/8h= +38.1% APRnext payment +$3.48 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin+0.047%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2132.125% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.989%+$99 · spread now +0.047%, 7d avg +0.114%
=Funding pays, the price is against you. Binance is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.114%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.205% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.48 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 | KuCoin SNXXUSDTM | 17.920 | 0.0100 | pay 0.0100% / 8h | 4h 13m | $212K | $291K | 20x |
| Short | Binance SNXXUSDT | 17.928 | 0.0448 | get 0.0448% / 8h | 4h 13m | $32.0M | $462.8M | 25x |
KuCoin SNXXUSDTM
Binance SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $73.09
- Price spread: +0.047% → +0.114%
- −$6.71
- Slippage, 4 orders
- −$190.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$146.13
- Costs to cover
- 2.125%
- Break-even
- 21.0 days
Slippage from KuCoin: live order book, 68 min ago; Binance: live order book, 16 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 KuCoin live order book, 68 min ago | 11.17 bp | 89.3 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.79 bp | 7.8 bp −$8 | 7.8 bp −$78 | 38.0 bp −$3,799 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | −0.0197% | 4h | 17.912 | −0.044% | $55K | $405K | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.933 | +0.073% | $4.3M | $17.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.920 | 0.000% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.920 | 0.000% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.930 | +0.056% | $1.6M | $1.5M | 20x | as long as short |
| OKX SNXX-USDT-SWAP | +0.0049% | 8h | 17.930 | +0.056% | $5.1M | $61.8M | 25x | as long as short |
| KuCoin SNXXUSDTMlong | +0.0100% | 8h | 17.920 | long leg | $212K | $291K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.940 | +0.112% | $1K | $2K | 10x | as long as short |
| Bybit SNXXUSDT | +0.0166% | 8h | 17.940 | +0.112% | $3.4M | $18.3M | 50x | as long as short |
| Bitget SNXXUSDT | +0.0258% | 8h | 17.932 | +0.067% | $4.0M | $40.5M | 20x | as long as short |
edgeX SNXXUSDC
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
OKX SNXX-USDT-SWAP
Orderly PERP_SNXX_USDC_mythos
Bybit SNXXUSDT
Bitget SNXXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | +0.0350% | 1h | 17.934 | +0.078% | $141K | $742K | 10x | as long as short |
| Aster SNXXUSDT | +0.0417% | 8h | 17.918 | −0.014% | $53K | $573K | 20x | as long as short |
| BloFin SNXX-USDT | +0.0439% | 8h | 17.940 | +0.112% | $285K | $287K | 25x | as long as short |
| Binance SNXXUSDTshort | +0.0448% | 8h | 17.928 | +0.047% | $32.0M | $462.8M | 25x | |
| MEXC SNXX_USDT | +0.0451% | 8h | 17.920 | 0.000% | $9.3M | $7.7M | 50x | as long as short |
tradeXYZ xyz:SNXX
Aster SNXXUSDT
BloFin SNXX-USDT
MEXC SNXX_USDT