Funding you earn now, next payment 06:00 UTC+0.3540%/8h= +387.6% APRpaid last 24h −0.122%
Price spread now: edgeX against tradeXYZ+0.147%66s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as 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−$880.879% of the position
Funding, last 7 days−0.495%−$50 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.147%, 7d avg −0.047%
=Together, before fees−0.513%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$106 a day on $10k at the current rate, and edgeX is 0.194% dearer against tradeXYZ than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.495%, so the current rate has only just turned in your favour. The two prices were read 66 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 -0.495% in total (about -27.3% 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 | 17.466 | −0.3026 | get 0.0378% / 1h | 8m 26s | $146K | $738K | 10x |
| Short | edgeX SNXXUSDC | 17.492 | 0.0513 | get 0.0257% / 4h | 2h 08m | $54K | $402K | 10x |
tradeXYZ xyz:SNXX
edgeX SNXXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $743.34
- Price spread: +0.147% → −0.047%
- $19.35
- Slippage, 4 orders
- −$60.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $674.79
- Costs to cover
- 0.879%
- Break-even
- 0.6 days
Slippage from tradeXYZ: live order book, 49 min ago; edgeX: live order book, 40 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, 49 min ago | 1.14 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 14.27 bp | 18.8 bp −$19 | 62.8 bp −$628 | 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:SNXXlong | −0.3026% | 1h | 17.466 | long leg | $146K | $738K | 10x | |
| Bybit SNXXUSDT | −0.1837% | 8h | 17.490 | +0.137% | $3.8M | $19.6M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1505% | 8h | 17.520 | +0.309% | $290K | $281K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1479% | 8h | 17.480 | +0.080% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1451% | 8h | 17.497 | +0.176% | $31.6M | $474.3M | 25x | as long as short |
| HTX SNXX-USDT | −0.1122% | 8h | 17.350 | −0.664% | $9K | $5K | 10x | as long as short |
| KuCoin SNXXUSDTM | −0.1095% | 8h | 17.420 | −0.263% | $206K | $257K | 20x | as long as short |
| Bitget SNXXUSDT | −0.1010% | 8h | 17.480 | +0.080% | $3.9M | $40.2M | 20x | as long as short |
| Aster SNXXUSDT | −0.0811% | 8h | 17.417 | −0.278% | $52K | $490K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0631% | 8h | 17.480 | +0.080% | $5.3M | $63.0M | 25x | as long as short |
Bybit SNXXUSDT
BloFin SNXX-USDT
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 | +0.137% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0283% | 8h | 17.520 | +0.309% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0152% | 8h | 17.471 | +0.029% | $4.6M | $19.1M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.470 | +0.023% | $1.6M | $1.5M | 20x | as long as short |
| edgeX SNXXUSDCshort | +0.0513% | 4h | 17.492 | +0.147% | $54K | $402K | 10x |
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT