SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against MEXC−0.228%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$520.518% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.228%, 7d avg +0.060%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.288% cheaper against MEXC than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SNXX_USDT	17.520	−0.0742	get 0.0742% / 8h	2h 46m	$9.1M	$7.7M	50x
Short	BloFin SNXX-USDT	17.480	−0.0750	pay 0.0750% / 8h	2h 46m	$279K	$280K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.228%Rate

Funding earned: −$1.61
Price spread: −0.228% → +0.060%: −$28.82
Slippage, 4 orders: −$39.79
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$82.22
Costs to cover: 0.518%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 43 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 MEXC live order book, 1 min ago	5.71 bp	17.1 bp −$17	22.3 bp −$223	28.9 bp −$2,891	65.4 bp −$32.7K
Sell BloFin live order book, 43 min ago	8.48 bp	14.5 bp −$14	19.3 bp −$193	30.5 bp −$3,052	64.9 bp −$32.4K

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	−0.2103%	1h	17.520	0.000%	$143K	$752K	10x	as long as short
Bybit SNXXUSDT	−0.1422%	8h	17.520	0.000%	$3.6M	$19.1M	50x	as long as short
HTX SNXX-USDT	−0.0867%	8h	17.580	+0.342%	$9K	$5K	10x	as long as short
Binance SNXXUSDT	−0.0755%	8h	17.520	0.000%	$30.9M	$474.9M	25x	as long as short
BloFin SNXX-USDTshort	−0.0750%	8h	17.480	−0.228%	$279K	$280K	25x
MEXC SNXX_USDTlong	−0.0742%	8h	17.520	long leg	$9.1M	$7.7M	50x
KuCoin SNXXUSDTM	−0.0594%	8h	17.530	+0.057%	$207K	$266K	20x	as long as short
edgeX SNXXUSDC	−0.0501%	4h	17.550	+0.171%	$54K	$404K	10x	as long as short
Bitget SNXXUSDT	−0.0489%	8h	17.517	−0.017%	$3.9M	$40.2M	20x	as long as short
Orderly PERP_SNXX_USDC_mythos	−0.0260%	8h	17.560	+0.228%	$1K	$2K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNXX-USDT-SWAP	−0.0219%	8h	17.520	0.000%	$5.1M	$63.2M	25x	as long as short
Aster SNXXUSDT	−0.0100%	8h	17.539	+0.108%	$52K	$490K	20x	as long as short
SunX SNXX-USDT	−0.0092%	8h	17.500	−0.114%	—	$4.6M	10x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.519	−0.006%	$4.2M	$18.4M	50x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.490	−0.171%	$1.6M	$1.5M	20x	as long as short