Funding you earn now, next payment 06:00 UTC+0.1466%/8h= +160.6% APRpaid last 24h −0.005%
Price spread now: BloFin against tradeXYZ+0.292%88s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.292%, 7d avg −0.029%
=Together, before fees+0.025%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and BloFin is 0.321% dearer against tradeXYZ than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.7% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:SNXX | 17.469 | −0.2971 | get 0.0371% / 1h | 7m 36s | $146K | $738K | 10x |
| Short | BloFin SNXX-USDT | 17.520 | −0.1505 | pay 0.1505% / 8h | 2h 07m | $290K | $281K | 25x |
tradeXYZ xyz:SNXX
BloFin SNXX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $307.94
- Price spread: +0.292% → −0.029%
- $32.12
- Slippage, 4 orders
- −$39.88
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $270.18
- Costs to cover
- 0.699%
- Break-even
- 0.9 days
Slippage from tradeXYZ: live order book, 50 min ago; BloFin: live order book, 17 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 tradeXYZ live order book, 50 min ago | 1.14 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 8.65 bp | 14.6 bp −$15 | 14.6 bp −$146 | 44.5 bp −$4,454 | 134.6 bp −$67.3K |
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:SNXXlong | −0.2971% | 1h | 17.469 | long leg | $146K | $738K | 10x | |
| Bybit SNXXUSDT | −0.1801% | 8h | 17.510 | +0.235% | $3.8M | $19.6M | 50x | as long as short |
| BloFin SNXX-USDTshort | −0.1505% | 8h | 17.520 | +0.292% | $290K | $281K | 25x | |
| MEXC SNXX_USDT | −0.1451% | 8h | 17.500 | +0.177% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1432% | 8h | 17.502 | +0.188% | $31.6M | $474.3M | 25x | as long as short |
| HTX SNXX-USDT | −0.1096% | 8h | 17.500 | +0.177% | $9K | $5K | 10x | as long as short |
| KuCoin SNXXUSDTM | −0.1083% | 8h | 17.430 | −0.223% | $206K | $257K | 20x | as long as short |
| Bitget SNXXUSDT | −0.0990% | 8h | 17.502 | +0.189% | $3.9M | $40.2M | 20x | as long as short |
| Aster SNXXUSDT | −0.0788% | 8h | 17.420 | −0.279% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0617% | 8h | 17.500 | +0.177% | $5.3M | $63.1M | 25x | as long as short |
Bybit SNXXUSDT
MEXC SNXX_USDT
Binance SNXXUSDT
HTX SNXX-USDT
KuCoin SNXXUSDTM
Bitget SNXXUSDT
Aster SNXXUSDT
OKX SNXX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SNXX_USDC_mythos | −0.0464% | 8h | 17.490 | +0.120% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0276% | 8h | 17.490 | +0.120% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0144% | 8h | 17.486 | +0.097% | $4.6M | $19.2M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.480 | +0.063% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDC | +0.0513% | 4h | 17.492 | +0.129% | $54K | $402K | 10x | as long as short |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT
edgeX SNXXUSDC