Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.0% APRnext payment −$1.10 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX+0.057%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2142.143% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.057%, 7d avg −0.023%
=The price spread pays, funding is against you. KuCoin is 0.080% dearer against OKX than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.023%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SNXX-USDT-SWAP | 17.570 | 0 | get 0.0000% / 8h | 3h 13m | $4.9M | $63.0M | 25x |
| Short | KuCoin SNXXUSDTM | 17.580 | −0.0110 | pay 0.0110% / 8h | 3h 13m | $208K | $275K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$23.1
- Price spread: +0.057% → −0.023%
- $7.97
- Slippage, 4 orders
- −$192.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$229.45
- Costs to cover
- 2.143%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 58 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, 5 min ago | 2.85 bp | 7.9 bp −$8 | 12.9 bp −$129 | 106.0 bp −$10.6K | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 13.94 bp | 103.2 bp −$103 | doesn't fit | 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 | −0.3637% | 1h | 17.568 | −0.011% | $137K | $744K | 10x | as long as short |
| Bybit SNXXUSDT | −0.0791% | 8h | 17.580 | +0.057% | $3.3M | $18.7M | 50x | as long as short |
| HTX SNXX-USDT | −0.0262% | 8h | 17.600 | +0.171% | $10K | $4K | 10x | as long as short |
| KuCoin SNXXUSDTMshort | −0.0110% | 8h | 17.580 | +0.057% | $208K | $275K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | −0.0046% | 8h | 17.580 | +0.057% | $1K | $2K | 10x | as long as short |
| Binance SNXXUSDT | −0.0008% | 8h | 17.579 | +0.049% | $31.3M | $470.3M | 25x | as long as short |
| Aster SNXXUSDT | 0.0000% | 8h | 17.629 | +0.338% | $52K | $573K | 20x | as long as short |
| OKX SNXX-USDT-SWAPlong | 0.0000% | 8h | 17.570 | long leg | $4.9M | $63.0M | 25x | |
| Gate SNXX_USDT | 0.0000% | 8h | 17.587 | +0.097% | $4.2M | $18.2M | 50x | as long as short |
| MEXC SNXX_USDT | 0.0000% | 8h | 17.590 | +0.114% | $9.1M | $7.7M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNXXUSDT | 0.0000% | 8h | 17.577 | +0.040% | $3.9M | $40.2M | 20x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.580 | +0.057% | — | $4.7M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.580 | +0.057% | $1.6M | $1.5M | 20x | as long as short |
| BloFin SNXX-USDT | +0.0025% | 8h | 17.580 | +0.057% | $280K | $281K | 25x | as long as short |
| edgeX SNXXUSDC | +0.0159% | 4h | 17.586 | +0.092% | $54K | $405K | 10x | as long as short |
OKX SNXX-USDT-SWAP
KuCoin SNXXUSDTM
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
Binance SNXXUSDT
Aster SNXXUSDT
Gate SNXX_USDT
MEXC SNXX_USDT
Bitget SNXXUSDT
SunX SNXX-USDT
Phemex SNXXUSDT
BloFin SNXX-USDT
edgeX SNXXUSDC