Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h 0.000%
Price spread now: Orderly against tradeXYZ−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Orderly is 0.028% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNXX | 17.865 | 0.0050 | pay 0.0006% / 1h | 13m 39s | $141K | $821K | 10x |
| Short | Orderly PERP_SNXX_USDC_mythos | 17.860 | 0.0100 | get 0.0100% / 8h | 6h 13m | $1K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $10.5
- Price spread: −0.028% → 0.000%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.3
- Costs to cover
- 0.240%
- Break-even
- 17.9 days
Slippage unknown: tradeXYZ: live order book, 14 min ago; Orderly: no order-book sample. Net counts fees only.
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, 14 min ago | 2.52 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SNXX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | −0.0091% | 4h | 17.847 | −0.101% | $55K | $405K | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.866 | +0.006% | $4.3M | $17.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.860 | −0.028% | — | $4.8M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.890 | +0.140% | $10K | $6K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.870 | +0.028% | $1.6M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXXlong | +0.0050% | 1h | 17.865 | long leg | $141K | $821K | 10x | |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.840 | −0.140% | $211K | $310K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythosshort | +0.0100% | 8h | 17.860 | −0.028% | $1K | $2K | 10x | |
| OKX SNXX-USDT-SWAP | +0.0130% | 8h | 17.840 | −0.140% | $5.2M | $61.5M | 25x | as long as short |
| Bitget SNXXUSDT | +0.0311% | 8h | 17.857 | −0.045% | $4.1M | $40.9M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNXXUSDT | +0.0436% | 8h | 17.860 | −0.028% | $3.3M | $18.3M | 50x | as long as short |
| Aster SNXXUSDT | +0.0552% | 8h | 17.857 | −0.045% | $53K | $573K | 20x | as long as short |
| Binance SNXXUSDT | +0.0582% | 8h | 17.863 | −0.012% | $32.7M | $465.6M | 25x | as long as short |
| MEXC SNXX_USDT | +0.0584% | 8h | 17.860 | −0.028% | $9.3M | $7.7M | 50x | as long as short |
tradeXYZ xyz:SNXX
edgeX SNXXUSDC
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
KuCoin SNXXUSDTM
OKX SNXX-USDT-SWAP
Bitget SNXXUSDT
Bybit SNXXUSDT
Aster SNXXUSDT
Binance SNXXUSDT
MEXC SNXX_USDT