SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0470%/8h= −51.5% APRnext payment −$4.70 per $10,000 · paid last 24h −0.047%

Price spread now: Bitget against OKX+0.023%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.023%, 7d avg +0.013%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.70 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	OKX SNXX-USDT-SWAP	17.300	−0.0195	get 0.0195% / 8h	6h 57m	$5.2M	$62.8M	25x
Short	Bitget SNXXUSDT	17.304	−0.0665	pay 0.0665% / 8h	6h 57m	$3.9M	$39.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$98.71
Price spread: +0.023% → +0.013%: $1.05
Slippage, 4 orders: −$17.01
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$136.67
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: 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 OKX live order book, 1 min ago	2.88 bp	7.9 bp −$8	16.6 bp −$166	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.02 bp	11.4 bp −$11	25.3 bp −$253	37.2 bp −$3,718	66.9 bp −$33.4K

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
edgeX SNXXUSDC	−0.0687%	4h	17.308	+0.049%	$53K	$403K	10x	as long as short
Bitget SNXXUSDTshort	−0.0665%	8h	17.304	+0.023%	$3.9M	$39.7M	20x
Orderly PERP_SNXX_USDC_mythos	−0.0625%	8h	17.310	+0.058%	$1K	$2K	10x	as long as short
MEXC SNXX_USDT	−0.0613%	8h	17.300	0.000%	$13.2M	$8.4M	50x	as long as short
BloFin SNXX-USDT	−0.0601%	8h	17.310	+0.058%	$237K	$277K	25x	as long as short
Binance SNXXUSDT	−0.0597%	8h	17.320	+0.116%	$30.9M	$469.7M	25x	as long as short
KuCoin SNXXUSDTM	−0.0502%	8h	17.300	0.000%	$205K	$327K	20x	as long as short
Aster SNXXUSDT	−0.0321%	8h	17.320	+0.116%	$49K	$498K	20x	as long as short
OKX SNXX-USDT-SWAPlong	−0.0195%	8h	17.300	long leg	$5.2M	$62.8M	25x
Bybit SNXXUSDT	0.0000%	8h	17.310	+0.058%	$3.9M	$20.2M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNXX_USDT	0.0000%	8h	17.296	−0.023%	$4.5M	$18.4M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.320	+0.116%	—	$4.1M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.310	+0.058%	$1.5M	$1.5M	20x	as long as short
tradeXYZ xyz:SNXX	+0.0050%	1h	17.294	−0.035%	$149K	$717K	10x	as long as short
HTX SNXX-USDT	+0.0130%	8h	17.340	+0.231%	$9K	$4K	20x	as long as short