Funding you earn now, next payment 08:00 UTC+0.0708%/8h= +77.6% APRnext payment +$7.08 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.172%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$210.215% of the position
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.172%, 7d avg +0.003%
=Funding pays, the price is against you. OKX is 0.175% cheaper against MEXC than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of +0.003%). If the spread goes back, that is −$18 on $10k: about 20 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −0.324%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.324% in total (about -16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.08 per $10,000. 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 | 17.400 | −0.1325 | get 0.1325% / 8h | 1h 52m | $9.1M | $7.7M | 50x |
| Short | OKX SNXX-USDT-SWAP | 17.370 | −0.0617 | pay 0.0617% / 8h | 1h 52m | $5.3M | $62.9M | 25x |
MEXC SNXX_USDT
OKX SNXX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $148.74
- Price spread: −0.172% → +0.003%
- −$17.54
- Slippage, 4 orders
- −$11.49
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $109.71
- Costs to cover
- 0.215%
- Break-even
- 1.8 days
Slippage from MEXC: live order book, 5 min ago; OKX: 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, 5 min ago | 2.87 bp | 2.9 bp −$3 | 2.9 bp −$29 | 7.8 bp −$781 | 87.3 bp −$43.7K |
| Sell OKX live order book, 1 min ago | 2.88 bp | 7.9 bp −$8 | 16.7 bp −$167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | −0.1591% | 8h | 17.400 | 0.000% | $3.8M | $19.7M | 50x | as long as short |
| tradeXYZ xyz:SNXX | −0.1406% | 1h | 17.373 | −0.155% | $145K | $736K | 10x | as long as short |
| Binance SNXXUSDT | −0.1344% | 8h | 17.390 | −0.057% | $31.3M | $474.9M | 25x | as long as short |
| BloFin SNXX-USDT | −0.1326% | 8h | 17.380 | −0.115% | $293K | $279K | 25x | as long as short |
| MEXC SNXX_USDTlong | −0.1325% | 8h | 17.400 | long leg | $9.1M | $7.7M | 50x | |
| KuCoin SNXXUSDTM | −0.1052% | 8h | 17.410 | +0.057% | $206K | $256K | 20x | as long as short |
| Bitget SNXXUSDT | −0.0931% | 8h | 17.384 | −0.092% | $3.9M | $40.2M | 20x | as long as short |
| HTX SNXX-USDT | −0.0887% | 8h | 17.360 | −0.230% | $9K | $5K | 10x | as long as short |
| Aster SNXXUSDT | −0.0725% | 8h | 17.375 | −0.143% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAPshort | −0.0617% | 8h | 17.370 | −0.172% | $5.3M | $62.9M | 25x |
Bybit SNXXUSDT
tradeXYZ xyz:SNXX
Binance SNXXUSDT
BloFin SNXX-USDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
HTX SNXX-USDT
Aster SNXXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythos | −0.0465% | 8h | 17.390 | −0.057% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0173% | 8h | 17.370 | −0.172% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0128% | 8h | 17.374 | −0.149% | $4.5M | $19.1M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | −0.115% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0835% | 4h | 17.377 | −0.134% | $54K | $403K | 10x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT
edgeX SNXXUSDC