Funding you earn now, next payment 08:00 UTC−0.0776%/8h= −84.9% APRpaid last 24h +0.054%
Price spread now: KuCoin against tradeXYZ+0.017%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2632.628% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.017%, 7d avg −0.082%
=Together, before fees+0.108%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.099% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.082%): +$10 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.6% 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 | 17.367 | −0.0168 | get 0.0021% / 1h | 31m 29s | $147K | $727K | 10x |
| Short | KuCoin SNXXUSDTM | 17.370 | −0.0944 | pay 0.0944% / 8h | 31m 29s | $205K | $246K | 20x |
tradeXYZ xyz:SNXX
KuCoin SNXXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$162.87
- Price spread: +0.017% → −0.082%
- $9.9
- Slippage, 4 orders
- −$232.84
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$415.8
- Costs to cover
- 2.628%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; KuCoin: live order book, 70 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, 6 min ago | 2.59 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 14.43 bp | 138.1 bp −$138 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDT | −0.1159% | 8h | 17.370 | +0.017% | $291K | $278K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1152% | 8h | 17.380 | +0.075% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1151% | 8h | 17.383 | +0.095% | $31.4M | $472.9M | 25x | as long as short |
| Bybit SNXXUSDT | −0.0981% | 8h | 17.380 | +0.075% | $3.8M | $19.8M | 50x | as long as short |
| Bitget SNXXUSDT | −0.0958% | 8h | 17.391 | +0.138% | $3.9M | $40.3M | 20x | as long as short |
| KuCoin SNXXUSDTMshort | −0.0944% | 8h | 17.370 | +0.017% | $205K | $246K | 20x | |
| edgeX SNXXUSDC | −0.0682% | 4h | 17.377 | +0.058% | $54K | $403K | 10x | as long as short |
| Aster SNXXUSDT | −0.0670% | 8h | 17.380 | +0.075% | $52K | $491K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0535% | 8h | 17.390 | +0.132% | $5.2M | $63.4M | 25x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.370 | +0.017% | $1K | $2K | 10x | as long as short |
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
Bybit SNXXUSDT
Bitget SNXXUSDT
edgeX SNXXUSDC
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
Orderly PERP_SNXX_USDC_mythosShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SNXX-USDT | −0.0364% | 8h | 17.370 | +0.017% | $9K | $4K | 10x | as long as short |
| tradeXYZ xyz:SNXXlong | −0.0168% | 1h | 17.367 | long leg | $147K | $727K | 10x | |
| Gate SNXX_USDT | −0.0115% | 8h | 17.368 | +0.006% | $4.6M | $19.0M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.370 | +0.017% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.360 | −0.040% | $1.6M | $1.5M | 20x | as long as short |
HTX SNXX-USDT
Gate SNXX_USDT
SunX SNXX-USDT
Phemex SNXXUSDT