Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRnext payment −$1.57 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now 0.000%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.026% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SNXX_USDT | 17.790 | 0.0157 | pay 0.0157% / 8h | 3h 46m | $9.2M | $7.7M | 50x |
| Short | Bybit SNXXUSDT | 17.790 | 0 | get 0.0000% / 8h | 3h 46m | $3.3M | $18.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$32.97
- Price spread: 0.000% → +0.026%
- −$2.64
- Slippage, 4 orders
- −$37.21
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.82
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 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 | 5.62 bp | 16.0 bp −$16 | 36.7 bp −$367 | 44.0 bp −$4,399 | 91.4 bp −$45.7K |
| Sell Bybit live order book, 2 min ago | 2.81 bp | 14.2 bp −$14 | 28.7 bp −$287 | 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 | −0.2026% | 1h | 17.795 | +0.028% | $140K | $743K | 10x | as long as short |
| Bybit SNXXUSDTshort | 0.0000% | 8h | 17.790 | 0.000% | $3.3M | $18.5M | 50x | |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.780 | −0.056% | $5.1M | $61.4M | 25x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.790 | 0.000% | $4.3M | $17.9M | 50x | as long as short |
| Bitget SNXXUSDT | 0.0000% | 8h | 17.786 | −0.022% | $3.9M | $40.3M | 20x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.780 | −0.056% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.780 | −0.056% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.780 | −0.056% | $1.6M | $1.5M | 20x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.800 | +0.056% | $210K | $286K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.790 | 0.000% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SNXXUSDT | +0.0116% | 8h | 17.780 | −0.056% | $30.9M | $464.4M | 25x | as long as short |
| BloFin SNXX-USDT | +0.0139% | 8h | 17.790 | 0.000% | $286K | $285K | 25x | as long as short |
| MEXC SNXX_USDTlong | +0.0157% | 8h | 17.790 | long leg | $9.2M | $7.7M | 50x | |
| Aster SNXXUSDT | +0.0330% | 8h | 17.816 | +0.147% | $53K | $573K | 20x | as long as short |
| edgeX SNXXUSDC | +0.0709% | 4h | 17.740 | −0.283% | $55K | $404K | 10x | as long as short |
MEXC SNXX_USDT
Bybit SNXXUSDT
tradeXYZ xyz:SNXX
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
Bitget SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
KuCoin SNXXUSDTM
Binance SNXXUSDT
BloFin SNXX-USDT
Aster SNXXUSDT
edgeX SNXXUSDC