SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.030%

Price spread now: Phemex against KuCoin−0.168%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$295as in the Funding arb table

Net, price: spread back to 7d avg − costs−$284as in the Price arb table

costs, in and out, $10k−$2622.620% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.325%−$33 on $10k

Price spread, last 3 days (all we have)+0.190%+$19 · spread now −0.168%, 7d avg +0.049%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phemex is 0.217% cheaper against KuCoin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SNXXUSDTM	17.900	0.0145	pay 0.0145% / 8h	6h 57m	$212K	$306K	20x
Short	Phemex SNXXUSDT	17.870	0	get 0.0000% / 8h	6h 57m	$1.6M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.168%Rate

Funding earned: −$30.45
Price spread: −0.168% → +0.049%: −$21.69
Slippage, 4 orders: −$237.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$314.12
Costs to cover: 2.620%
Break-even: never at this rate

Slippage from KuCoin: live order book, 54 min ago; Phemex: 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, 54 min ago	16.86 bp	80.1 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 6 min ago	5.58 bp	49.9 bp −$50	doesn't fit	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	−0.0327%	4h	17.900	+0.003%	$55K	$403K	10x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.890	−0.056%	—	$4.8M	10x	as long as short
Phemex SNXXUSDTshort	0.0000%	8h	17.870	−0.168%	$1.6M	$1.5M	20x
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.910	+0.056%	$1K	$2K	10x	as long as short
KuCoin SNXXUSDTMlong	+0.0145%	8h	17.900	long leg	$212K	$306K	20x
Gate SNXX_USDT	+0.0240%	8h	17.886	−0.078%	$4.4M	$17.6M	50x	as long as short
OKX SNXX-USDT-SWAP	+0.0309%	8h	17.880	−0.112%	$5.2M	$61.7M	25x	as long as short
Bitget SNXXUSDT	+0.0582%	8h	17.884	−0.089%	$4.1M	$41.4M	20x	as long as short
Aster SNXXUSDT	+0.0656%	8h	17.900	−0.002%	$53K	$573K	20x	as long as short
Binance SNXXUSDT	+0.0862%	8h	17.882	−0.098%	$33.5M	$467.9M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SNXX_USDT	+0.0866%	8h	17.880	−0.112%	$7.7M	$7.5M	50x	as long as short
BloFin SNXX-USDT	+0.0896%	8h	17.890	−0.056%	$289K	$284K	25x	as long as short
tradeXYZ xyz:SNXX	+0.0915%	1h	17.892	−0.045%	$142K	$853K	10x	as long as short
HTX SNXX-USDT	+0.1985%	8h	17.900	0.000%	$10K	$5K	10x	as long as short
Bybit SNXXUSDT	+0.2946%	8h	17.890	−0.056%	$3.3M	$18.4M	50x	as long as short