SNXX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:SNXX	9.9242	+0.0050	pay 0.0006% / 1h	17m 18s	$2.0M	$19.8M	10x	Long tradeXYZ
SHORT	DeribitSNXX_USDC-PERPETUAL	9.9369	+0.1252	get 0.0156% / 1h	17m 18s	$158K	$4.7M	10x	Short Deribit

Price gap+0.128%

Funding gap+0.1202% /8h

Both sides work: funding pays +$36 a day on $10k, and the gap is 0.101% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$26+0.1202% /8h now · paid +0.262% over the last 7D

Price+$10spread +0.128% now, avg +0.027% → +0.101% if it goes back

Costs−$480.478% of $10k · taker + slippage, in and out

Result−$12−0.12%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.262% in total, about +0.0125%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.128%

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

3 ok · 3 to watch

Watch: Thin at this size6.5 / 20.9 bp
At $10k entering Deribit costs 20.9 bp, fee and slippage, 3.2× tradeXYZ’s.
Note: Margin at max leverage$1,000 + $1,000
tradeXYZ 10x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$36.05Long tradeXYZ: 24 payments, −$1.50; short Deribit: 24 payments, +$37.55.
OK: Entry gap works for you+0.128% vs +0.027%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$158K vs $2.0M OI
Deribit sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
Watch: KYCtradeXYZ No · Deribit Yes
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0125%/8h × 21 periods+$26.24

Price spread+0.128% → +0.027% (7d avg)+$10.08

Slippage, 4 orderslive order books−$39.05

Fee tradeXYZ bp × 2 orders−$1.80

Fee Deribit bp × 2 orders−$7.00

Net · 7 days · $10k−$11.54

Costs to cover0.478%Break-even10.1 days

Slippage: tradeXYZ: live order book, 10 min ago; Deribit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGtradeXYZ1.676.5 bp−$717.6 bp−$17666.8 bp−$6,677doesn’t fit

SELL · SHORTDeribit10.1120.9 bp−$2129.0 bp−$290doesn’t fitdoesn’t fit

Closing costs about the same again.

SNXX news

posts that mention SNXX, from every exchangeSearch all news →

10-14 10:07	Deribit	Listing	🚨 Now live on Deribit: CRWV • ORCL • SOXS • DELL • PLTR & SNXX USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-14 10:00	Deribit	Listing	new market SNXX_USDC-PERPETUAL ($SNXX) seen by our collector
10-12 12:59	Deribit	Listing	🚨 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 ↗