Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG3.600000.0000% / 8h16m 14s$917K$2.3M20xLong Phemex
SHORT3.5992+0.0384get 0.0048% / 1h16m 14s$5.0M$13.7M10xShort tradeXYZ
Price gap−0.021%
Funding gap+0.0384% /8h

Both sides work: funding pays +$12 a day on $10k, and the gap is 0.079% above its 7d average: +$8 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$59+0.0384% /8h now · paid +0.586% over the last 7D
Price+$8spread −0.021% now, avg −0.099% → +0.079% if it goes back
Costs−$1731.726% of $10k · taker + slippage, in and out
Result−$106−1.06%+ Points / potential airdroptradeXYZ: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.021%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNXX on 18 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size60.0 / 14.6 bp
    At $10k entering Phemex costs 60.0 bp, fee and slippage, 4.1× tradeXYZ’s.
  • Note: Margin at max leverage$500 + $1,000
    Phemex 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$11.53Long Phemex: 3 payments, $0.00; short tradeXYZ: 24 payments, +$11.53.
  • OK: Entry gap works for you−0.021% vs −0.099%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$917K vs $5.0M OI
    Phemex sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCPhemex Yes · tradeXYZ No
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0279%/8h × 21 periods+$58.60
Price spread−0.021% → −0.099% (7d avg)+$7.87
Slippage, 4 orderslive order books−$158.85
Fee Phemex bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$106.18
Costs to cover1.726%Break-even19.7 days
Slippage: Phemex: live order book, 2 min ago; tradeXYZ: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex13.8760.0 bp−$60302.1 bp−$3,021doesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ5.2414.6 bp−$1522.5 bp−$22569.9 bp−$6,987doesn’t fit

Closing costs about the same again.

Alert

SNXX news

posts that mention SNXX, from every exchange
10-14 10:07DeribitListing🚨 Now live on Deribit: CRWV • ORCL • SOXS • DELL • PLTR & SNXX USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-14 10:00DeribitListingnew market SNXX_USDC-PERPETUAL ($SNXX) seen by our collector
10-12 12:59DeribitListing🚨 New Equity & ETF Perpetuals. Coming to Deribit. On Wednesday, October 14, 2026 at 10:00 AM UTC, Deribit will launch the following USDC-settled equity perpetuals: CRWV • ORCL • SOXS • DELL • PLTR • SNXX Contract details: 🔹 Settlement: USDC 🔹 Full specs: @DeribitOfficial on X ↗