SNXX

Alert: funding

Alert: spread

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: Gate against MEXC−0.028%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$760.756% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.486%−$49 on $10k

Price spread, last 7 days−0.034%−$3 · spread now −0.028%, 7d avg +0.006%

Together, before fees−0.521%−$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.034% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). 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 47m	$9.2M	$7.7M	50x
Short	Gate SNXX_USDT	17.785	0	get 0.0000% / 8h	3h 47m	$4.3M	$17.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.028%Rate

Funding earned: −$32.97
Price spread: −0.028% → +0.006%: −$3.43
Slippage, 4 orders: −$60.56
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$111.95
Costs to cover: 0.756%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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 Gate live order book, 1 min ago	1.41 bp	15.5 bp −$16	38.0 bp −$380	54.7 bp −$5,472	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	−0.2008%	1h	17.791	+0.006%	$140K	$743K	10x	as long as short
Bybit SNXXUSDT	0.0000%	8h	17.780	−0.056%	$3.3M	$18.5M	50x	as long as short
OKX SNXX-USDT-SWAP	0.0000%	8h	17.770	−0.112%	$5.1M	$61.4M	25x	as long as short
Gate SNXX_USDTshort	0.0000%	8h	17.785	−0.028%	$4.3M	$17.9M	50x
Bitget SNXXUSDT	0.0000%	8h	17.779	−0.062%	$3.9M	$40.3M	20x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.760	−0.169%	—	$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	17.810	+0.112%	$210K	$286K	20x	as long as short
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.770	−0.112%	$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	+0.0142%	8h	17.775	−0.084%	$30.9M	$464.3M	25x	as long as short
MEXC SNXX_USDTlong	+0.0157%	8h	17.790	long leg	$9.2M	$7.7M	50x
BloFin SNXX-USDT	+0.0234%	8h	17.740	−0.281%	$285K	$284K	25x	as long as short
Aster SNXXUSDT	+0.0336%	8h	17.819	+0.164%	$53K	$573K	20x	as long as short
edgeX SNXXUSDC	+0.0709%	4h	17.740	−0.283%	$55K	$404K	10x	as long as short