SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h +0.021%

Price spread now: OKX against KuCoin−0.057%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1691.688% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.057%, 7d avg +0.016%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNXXUSDTM	17.540	0.0085	pay 0.0085% / 8h	4h 58m	$208K	$446K	20x
Short	OKX SNXX-USDT-SWAP	17.530	0	get 0.0000% / 8h	4h 58m	$5.0M	$64.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$17.85
Price spread: −0.057% → +0.016%: −$7.34
Slippage, 4 orders: −$146.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$193.95
Costs to cover: 1.688%
Break-even: never at this rate

Slippage from KuCoin: live order book, 36 min ago; OKX: 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, 36 min ago	14.31 bp	76.9 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.85 bp	8.8 bp −$9	17.4 bp −$174	97.7 bp −$9,768	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
Orderly PERP_SNXX_USDC_mythos	−0.0592%	8h	17.560	+0.114%	$1K	$2K	10x	as long as short
Bitget SNXXUSDT	−0.0042%	8h	17.528	−0.068%	$4.0M	$39.1M	20x	as long as short
edgeX SNXXUSDC	−0.0008%	4h	17.549	+0.053%	$54K	$401K	10x	as long as short
BloFin SNXX-USDT	−0.0005%	8h	17.540	0.000%	$241K	$273K	25x	as long as short
Aster SNXXUSDT	0.0000%	8h	17.547	+0.039%	$48K	$509K	20x	as long as short
Binance SNXXUSDT	0.0000%	8h	17.536	−0.021%	$29.1M	$472.7M	25x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.540	0.000%	$4.0M	$20.5M	50x	as long as short
OKX SNXX-USDT-SWAPshort	0.0000%	8h	17.530	−0.057%	$5.0M	$64.2M	25x
Gate SNXX_USDT	0.0000%	8h	17.552	+0.068%	$4.6M	$18.1M	50x	as long as short
MEXC SNXX_USDT	0.0000%	8h	17.530	−0.057%	$13.4M	$8.7M	50x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNXX-USDT	0.0000%	8h	17.590	+0.285%	—	$3.8M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.540	0.000%	$9K	$4K	20x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.600	+0.342%	$1.6M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.528	−0.068%	$158K	$713K	10x	as long as short
KuCoin SNXXUSDTMlong	+0.0085%	8h	17.540	long leg	$208K	$446K	20x