Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin−0.091%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2852.849% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.091%, 7d avg +0.023%
=Funding pays, the price is against you. Bitget is 0.114% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SNXXUSDTM | 17.550 | −0.0572 | get 0.0572% / 8h | 2h 48m | $207K | $269K | 20x |
| Short | Bitget SNXXUSDT | 17.534 | −0.0477 | pay 0.0477% / 8h | 2h 48m | $3.9M | $40.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $19.95
- Price spread: −0.091% → +0.023%
- −$11.42
- Slippage, 4 orders
- −$260.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$276.39
- Costs to cover
- 2.849%
- Break-even
- 104.0 days
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 5 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, 8 min ago | 11.42 bp | 149.5 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.71 bp | 17.1 bp −$17 | 27.0 bp −$270 | 39.7 bp −$3,974 | 79.0 bp −$39.5K |
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 | −0.2061% | 1h | 17.548 | −0.011% | $144K | $752K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1426% | 8h | 17.570 | +0.114% | $3.6M | $19.1M | 50x | as long as short |
| HTX SNXX-USDT | −0.0866% | 8h | 17.580 | +0.171% | $9K | $5K | 10x | as long as short |
| MEXC SNXX_USDT | −0.0729% | 8h | 17.540 | −0.057% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.0729% | 8h | 17.551 | +0.008% | $31.0M | $474.7M | 25x | as long as short |
| BloFin SNXX-USDT | −0.0722% | 8h | 17.540 | −0.057% | $280K | $281K | 25x | as long as short |
| KuCoin SNXXUSDTMlong | −0.0572% | 8h | 17.550 | long leg | $207K | $269K | 20x | |
| edgeX SNXXUSDC | −0.0511% | 4h | 17.563 | +0.077% | $54K | $403K | 10x | as long as short |
| Bitget SNXXUSDTshort | −0.0477% | 8h | 17.534 | −0.091% | $3.9M | $40.2M | 20x | |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.570 | +0.114% | $1K | $2K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNXX-USDT-SWAP | −0.0198% | 8h | 17.540 | −0.057% | $5.1M | $63.3M | 25x | as long as short |
| SunX SNXX-USDT | −0.0107% | 8h | 17.560 | +0.057% | — | $4.6M | 10x | as long as short |
| Aster SNXXUSDT | −0.0077% | 8h | 17.571 | +0.120% | $52K | $490K | 20x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.540 | −0.057% | $4.2M | $18.3M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.530 | −0.114% | $1.6M | $1.5M | 20x | as long as short |
KuCoin SNXXUSDTM
Bitget SNXXUSDT
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
BloFin SNXX-USDT
edgeX SNXXUSDC
OKX SNXX-USDT-SWAP
SunX SNXX-USDT
Aster SNXXUSDT
Gate SNXX_USDT
Phemex SNXXUSDT