Funding you earn now, next payment 08:00 UTC+0.1323%/8h= +144.9% APRpaid last 24h −0.113%
Price spread now: edgeX against MEXC−0.046%53s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.684%−$68 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.046%, 7d avg +0.040%
=Together, before fees−0.988%+ Points / potential airdropedgeX: Active · farm board−$99 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.086% cheaper against MEXC than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.040%). If the spread goes back, that is −$9 on $10k: about 5 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 7 days funding on this pair cost −0.684%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.684% in total (about -35.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SNXX_USDT | 17.380 | −0.1011 | get 0.1011% / 8h | 4m 37s | $9.3M | $7.7M | 50x |
| Short | edgeX SNXXUSDC | 17.372 | 0.0312 | get 0.0156% / 4h | 4m 37s | $53K | $402K | 10x |
MEXC SNXX_USDT
edgeX SNXXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $277.85
- Price spread: −0.046% → +0.040%
- −$8.61
- Slippage, 4 orders
- −$28.76
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $231.47
- Costs to cover
- 0.378%
- Break-even
- 1.2 days
Slippage from MEXC: live order book, 3 min ago; edgeX: live order book, 34 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, 3 min ago | 2.88 bp | 2.9 bp −$3 | 7.4 bp −$74 | 10.3 bp −$1,026 | 59.1 bp −$29.6K |
| Sell edgeX live order book, 34 min ago | 11.50 bp | 16.0 bp −$16 | 61.3 bp −$613 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SNXX_USDTlong | −0.1011% | 8h | 17.380 | long leg | $9.3M | $7.7M | 50x | |
| Binance SNXXUSDT | −0.1002% | 8h | 17.387 | +0.042% | $31.5M | $472.0M | 25x | as long as short |
| BloFin SNXX-USDT | −0.0991% | 8h | 17.400 | +0.115% | $291K | $279K | 25x | as long as short |
| Bitget SNXXUSDT | −0.0902% | 8h | 17.384 | +0.023% | $4.0M | $40.3M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0851% | 8h | 17.370 | −0.058% | $206K | $269K | 20x | as long as short |
| Bybit SNXXUSDT | −0.0792% | 8h | 17.380 | 0.000% | $3.8M | $19.8M | 50x | as long as short |
| Aster SNXXUSDT | −0.0594% | 8h | 17.380 | −0.001% | $49K | $493K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.390 | +0.058% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0431% | 8h | 17.390 | +0.058% | $5.2M | $63.2M | 25x | as long as short |
| HTX SNXX-USDT | −0.0248% | 8h | 17.380 | 0.000% | $9K | $4K | 20x | as long as short |
Binance SNXXUSDT
BloFin SNXX-USDT
Bitget SNXXUSDT
KuCoin SNXXUSDTM
Bybit SNXXUSDT
Aster SNXXUSDT
Orderly PERP_SNXX_USDC_mythos
OKX SNXX-USDT-SWAP
HTX SNXX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNXX_USDT | −0.0089% | 8h | 17.372 | −0.046% | $4.6M | $19.1M | 50x | as long as short |
| tradeXYZ xyz:SNXX | −0.0083% | 1h | 17.364 | −0.092% | $147K | $727K | 10x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.390 | +0.058% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDCshort | +0.0312% | 4h | 17.372 | −0.046% | $53K | $402K | 10x |
Gate SNXX_USDT
tradeXYZ xyz:SNXX
SunX SNXX-USDT
Phemex SNXXUSDT