Funding you earn now, next payment 08:00 UTC+0.1106%/8h= +121.1% APRpaid last 24h −0.143%
Price spread now: edgeX against KuCoin−0.118%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$2982.976% of the position
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.118%, 7d avg +0.049%
=Together, before fees−0.315%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.167% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.049%). If the spread goes back, that is −$17 on $10k: about 12 hours of funding at the current rate (+$33 a day). Mind the row above: over the last 7 days funding on this pair cost −0.481%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.481% in total (about -25.1% 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 | KuCoin SNXXUSDTM | 17.520 | −0.0599 | get 0.0599% / 8h | 2h 45m | $207K | $264K | 20x |
| Short | edgeX SNXXUSDC | 17.499 | 0.0507 | get 0.0253% / 4h | 2h 45m | $54K | $404K | 10x |
KuCoin SNXXUSDTM
edgeX SNXXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $232.22
- Price spread: −0.118% → +0.049%
- −$16.7
- Slippage, 4 orders
- −$276.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$82.09
- Costs to cover
- 2.976%
- Break-even
- 9.5 days
Slippage from KuCoin: live order book, 12 min ago; edgeX: live order book, 3 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, 12 min ago | 11.42 bp | 149.5 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 14.27 bp | 18.8 bp −$19 | 62.8 bp −$628 | 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:SNXX | −0.2108% | 1h | 17.512 | −0.046% | $143K | $752K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1421% | 8h | 17.510 | −0.057% | $3.6M | $19.1M | 50x | as long as short |
| HTX SNXX-USDT | −0.0862% | 8h | 17.510 | −0.057% | $9K | $5K | 10x | as long as short |
| BloFin SNXX-USDT | −0.0768% | 8h | 17.510 | −0.057% | $286K | $280K | 25x | as long as short |
| Binance SNXXUSDT | −0.0767% | 8h | 17.508 | −0.069% | $30.9M | $474.7M | 25x | as long as short |
| MEXC SNXX_USDT | −0.0755% | 8h | 17.520 | 0.000% | $9.1M | $7.7M | 50x | as long as short |
| KuCoin SNXXUSDTMlong | −0.0599% | 8h | 17.520 | long leg | $207K | $264K | 20x | |
| Bitget SNXXUSDT | −0.0496% | 8h | 17.511 | −0.051% | $3.9M | $40.2M | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0260% | 8h | 17.520 | 0.000% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0225% | 8h | 17.480 | −0.228% | $5.1M | $63.0M | 25x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
BloFin SNXX-USDT
Binance SNXXUSDT
MEXC SNXX_USDT
Bitget SNXXUSDT
Orderly PERP_SNXX_USDC_mythos
OKX SNXX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SNXXUSDT | −0.0113% | 8h | 17.530 | +0.057% | $52K | $490K | 20x | as long as short |
| SunX SNXX-USDT | −0.0079% | 8h | 17.510 | −0.057% | — | $4.6M | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.512 | −0.046% | $4.2M | $18.4M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.480 | −0.228% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDCshort | +0.0507% | 4h | 17.499 | −0.118% | $54K | $404K | 10x |
Aster SNXXUSDT
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT