Funding you earn now, next payment 08:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.056%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2242.235% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.056%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SNXXUSDTM | 17.910 | 0.0100 | pay 0.0100% / 8h | 4h 39m | $212K | $298K | 20x |
| Short | Bybit SNXXUSDT | 17.920 | 0.0251 | get 0.0251% / 8h | 4h 39m | $3.4M | $18.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $31.65
- Price spread: +0.056% → +0.035%
- $2.13
- Slippage, 4 orders
- −$200.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.76
- Costs to cover
- 2.235%
- Break-even
- 49.0 days
Slippage from KuCoin: live order book, 42 min ago; Bybit: live order book, 4 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, 42 min ago | 11.17 bp | 89.3 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.79 bp | 12.6 bp −$13 | 22.9 bp −$229 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | −0.0260% | 4h | 17.914 | +0.024% | $55K | $402K | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.921 | +0.061% | $4.3M | $17.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.910 | 0.000% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.920 | +0.056% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.910 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| OKX SNXX-USDT-SWAP | +0.0085% | 8h | 17.900 | −0.056% | $5.1M | $61.6M | 25x | as long as short |
| KuCoin SNXXUSDTMlong | +0.0100% | 8h | 17.910 | long leg | $212K | $298K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.920 | +0.056% | $1K | $2K | 10x | as long as short |
| Bybit SNXXUSDTshort | +0.0251% | 8h | 17.920 | +0.056% | $3.4M | $18.3M | 50x | |
| Bitget SNXXUSDT | +0.0276% | 8h | 17.913 | +0.017% | $4.1M | $40.5M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | +0.0308% | 1h | 17.904 | −0.034% | $141K | $743K | 10x | as long as short |
| Aster SNXXUSDT | +0.0484% | 8h | 17.913 | +0.014% | $53K | $573K | 20x | as long as short |
| MEXC SNXX_USDT | +0.0489% | 8h | 17.910 | 0.000% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | +0.0490% | 8h | 17.910 | 0.000% | $32.8M | $462.6M | 25x | as long as short |
| BloFin SNXX-USDT | +0.0501% | 8h | 17.930 | +0.112% | $287K | $287K | 25x | as long as short |
KuCoin SNXXUSDTM
Bybit SNXXUSDT
edgeX SNXXUSDC
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
OKX SNXX-USDT-SWAP
Bitget SNXXUSDT
tradeXYZ xyz:SNXX
Aster SNXXUSDT
MEXC SNXX_USDT
Binance SNXXUSDT
BloFin SNXX-USDT