Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against Orderly+0.113%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.113% dearer against Orderly than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SNXX_USDC_mythos | 17.770 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $1K | $2K | 10x |
| Short | Phemex SNXXUSDT | 17.790 | 0 | get 0.0000% / 8h | 7h 51m | $1.6M | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- −$21
- Price spread: +0.113% → 0.000%
- $11.25
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$27.75
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.81 bp | 62.2 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0197% | 4h | 17.762 | −0.043% | $55K | $404K | 10x | as long as short |
| BloFin SNXX-USDT | −0.0016% | 8h | 17.780 | +0.056% | $282K | $283K | 25x | as long as short |
| Aster SNXXUSDT | 0.0000% | 8h | 17.732 | −0.215% | $52K | $573K | 20x | as long as short |
| Binance SNXXUSDT | 0.0000% | 8h | 17.795 | +0.142% | $32.9M | $474.3M | 25x | as long as short |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.800 | +0.169% | $5.1M | $62.2M | 25x | as long as short |
| MEXC SNXX_USDT | 0.0000% | 8h | 17.770 | 0.000% | $7.6M | $7.5M | 50x | as long as short |
| Bitget SNXXUSDT | 0.0000% | 8h | 17.802 | +0.180% | $4.2M | $41.5M | 20x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.790 | +0.113% | — | $5.0M | 10x | as long as short |
| Phemex SNXXUSDTshort | 0.0000% | 8h | 17.790 | +0.113% | $1.6M | $1.5M | 20x | |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.720 | −0.281% | $210K | $307K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythoslong | +0.0100% | 8h | 17.770 | long leg | $1K | $2K | 10x | |
| Gate SNXX_USDT | +0.0317% | 8h | 17.790 | +0.113% | $4.2M | $17.6M | 50x | as long as short |
| HTX SNXX-USDT | +0.1740% | 8h | 17.780 | +0.056% | $10K | $7K | 10x | as long as short |
| tradeXYZ xyz:SNXX | +0.1876% | 1h | 17.776 | +0.034% | $148K | $1.2M | 10x | as long as short |
| Bybit SNXXUSDT | +0.3247% | 8h | 17.790 | +0.113% | $3.3M | $18.6M | 50x | as long as short |
Phemex SNXXUSDT
edgeX SNXXUSDC
BloFin SNXX-USDT
Aster SNXXUSDT
Binance SNXXUSDT
OKX SNXX-USDT-SWAP
MEXC SNXX_USDT
Bitget SNXXUSDT
SunX SNXX-USDT
KuCoin SNXXUSDTM
Gate SNXX_USDT
HTX SNXX-USDT
tradeXYZ xyz:SNXX
Bybit SNXXUSDT