Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.026%
Price spread now: BloFin against KuCoin+0.173%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2302.303% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.173%, 7d avg +0.067%
=The price spread pays, funding is against you. BloFin is 0.106% dearer against KuCoin than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.067%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SNXXUSDTM | 17.360 | −0.0867 | get 0.0867% / 8h | 8m 31s | $206K | $265K | 20x |
| Short | BloFin SNXX-USDT | 17.390 | −0.1042 | pay 0.1042% / 8h | 8m 31s | $290K | $279K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$36.73
- Price spread: +0.173% → +0.067%
- $10.56
- Slippage, 4 orders
- −$206.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$256.47
- Costs to cover
- 2.303%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; BloFin: live order book, 6 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, 23 min ago | 14.38 bp | 90.7 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 5.75 bp | 11.8 bp −$12 | 16.4 bp −$164 | 37.7 bp −$3,771 | 104.2 bp −$52.1K |
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-USDTshort | −0.1042% | 8h | 17.390 | +0.173% | $290K | $279K | 25x | |
| MEXC SNXX_USDT | −0.1033% | 8h | 17.370 | +0.058% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1030% | 8h | 17.380 | +0.115% | $31.5M | $472.4M | 25x | as long as short |
| Bitget SNXXUSDT | −0.0916% | 8h | 17.371 | +0.063% | $4.0M | $40.3M | 20x | as long as short |
| KuCoin SNXXUSDTMlong | −0.0867% | 8h | 17.360 | long leg | $206K | $265K | 20x | |
| Bybit SNXXUSDT | −0.0820% | 8h | 17.370 | +0.058% | $3.8M | $19.8M | 50x | as long as short |
| edgeX SNXXUSDC | −0.0793% | 4h | 17.353 | −0.039% | $53K | $402K | 10x | as long as short |
| Aster SNXXUSDT | −0.0610% | 8h | 17.371 | +0.064% | $49K | $493K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.380 | +0.115% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0455% | 8h | 17.370 | +0.058% | $5.2M | $63.3M | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SNXX-USDT | −0.0259% | 8h | 17.360 | 0.000% | $9K | $4K | 20x | as long as short |
| tradeXYZ xyz:SNXX | −0.0110% | 1h | 17.362 | +0.012% | $147K | $727K | 10x | as long as short |
| Gate SNXX_USDT | −0.0096% | 8h | 17.362 | +0.012% | $4.6M | $19.1M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.370 | +0.058% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | +0.115% | $1.6M | $1.5M | 20x | as long as short |
KuCoin SNXXUSDTM
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
Bitget SNXXUSDT
Bybit SNXXUSDT
edgeX SNXXUSDC
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
HTX SNXX-USDT
tradeXYZ xyz:SNXX
Gate SNXX_USDT
SunX SNXX-USDT
Phemex SNXXUSDT