SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h +0.055%

Price spread now: Gate against KuCoin−0.092%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1861.862% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.092%, 7d avg +0.011%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.103% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNXXUSDTM	17.410	0.0071	pay 0.0071% / 8h	4h 46m	$206K	$459K	20x
Short	Gate SNXX_USDT	17.394	0	get 0.0000% / 8h	4h 46m	$4.5M	$18.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now −0.092%Rate

Funding earned: −$14.91
Price spread: −0.092% → +0.011%: −$10.31
Slippage, 4 orders: −$159.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$211.45
Costs to cover: 1.862%
Break-even: never at this rate

Slippage from KuCoin: live order book, 48 min ago; Gate: 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, 48 min ago	14.31 bp	76.9 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.88 bp	18.1 bp −$18	35.3 bp −$353	56.4 bp −$5,644	doesn't fit

SNXX on 15 exchanges

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	−0.0694%	4h	17.365	−0.258%	$54K	$401K	10x	as long as short
Orderly PERP_SNXX_USDC_mythos	−0.0598%	8h	17.400	−0.057%	$1K	$2K	10x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.410	0.000%	$48K	$512K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.390	−0.115%	$29.0M	$474.0M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.400	−0.057%	$4.0M	$20.6M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.390	−0.115%	$5.0M	$64.0M	25x	as long as short
Gate SNXX_USDTshort	0.0000%	8h	17.394	−0.092%	$4.5M	$18.2M	50x
MEXC SNXX_USDT	0.0000%	8h	17.400	−0.057%	$12.0M	$8.8M	50x	as long as short
Bitget SNXXUSDT	0.0000%	8h	17.393	−0.098%	$4.0M	$39.3M	20x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.420	+0.057%	—	$3.8M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SNXX-USDT	0.0000%	8h	17.360	−0.287%	$9K	$4K	20x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.400	−0.057%	$1.5M	$1.5M	20x	as long as short
BloFin SNXX-USDT	+0.0001%	8h	17.420	+0.057%	$242K	$271K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.393	−0.098%	$152K	$717K	10x	as long as short
KuCoin SNXXUSDTMlong	+0.0071%	8h	17.410	long leg	$206K	$459K	20x