Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.70 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.423%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$2822.823% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.423%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.400% cheaper against Bitget than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNXXUSDT | 17.494 | −0.1058 | get 0.1058% / 8h | 2h 10m | $3.9M | $40.2M | 20x |
| Short | KuCoin SNXXUSDTM | 17.420 | −0.1128 | pay 0.1128% / 8h | 2h 10m | $206K | $257K | 20x |
Bitget SNXXUSDT
KuCoin SNXXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$14.7
- Price spread: −0.423% → −0.023%
- −$40
- Slippage, 4 orders
- −$258.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$336.95
- Costs to cover
- 2.823%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 46 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 Bitget live order book, 3 min ago | 2.01 bp | 13.4 bp −$13 | 21.6 bp −$216 | 29.8 bp −$2,980 | 61.3 bp −$30.7K |
| Sell KuCoin live order book, 46 min ago | 11.42 bp | 100.8 bp −$101 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | −0.3214% | 1h | 17.443 | −0.292% | $146K | $738K | 10x | as long as short |
| Bybit SNXXUSDT | −0.1914% | 8h | 17.490 | −0.023% | $3.9M | $19.6M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1528% | 8h | 17.490 | −0.023% | $289K | $280K | 25x | as long as short |
| MEXC SNXX_USDT | −0.1523% | 8h | 17.490 | −0.023% | $9.1M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | −0.1503% | 8h | 17.503 | +0.052% | $31.6M | $474.3M | 25x | as long as short |
| HTX SNXX-USDT | −0.1194% | 8h | 17.350 | −0.823% | $9K | $5K | 10x | as long as short |
| KuCoin SNXXUSDTMshort | −0.1128% | 8h | 17.420 | −0.423% | $206K | $257K | 20x | |
| Bitget SNXXUSDTlong | −0.1058% | 8h | 17.494 | long leg | $3.9M | $40.2M | 20x | |
| Aster SNXXUSDT | −0.0836% | 8h | 17.419 | −0.427% | $52K | $490K | 20x | as long as short |
| edgeX SNXXUSDC | −0.0759% | 4h | 17.427 | −0.386% | $54K | $402K | 10x | as long as short |
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT
HTX SNXX-USDT
Aster SNXXUSDT
edgeX SNXXUSDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNXX-USDT-SWAP | −0.0659% | 8h | 17.520 | +0.149% | $5.3M | $63.1M | 25x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0465% | 8h | 17.460 | −0.194% | $1K | $2K | 10x | as long as short |
| SunX SNXX-USDT | −0.0308% | 8h | 17.490 | −0.023% | — | $4.5M | 10x | as long as short |
| Gate SNXX_USDT | −0.0164% | 8h | 17.478 | −0.091% | $4.6M | $19.1M | 50x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.500 | +0.034% | $1.6M | $1.5M | 20x | as long as short |
OKX SNXX-USDT-SWAP
Orderly PERP_SNXX_USDC_mythos
SunX SNXX-USDT
Gate SNXX_USDT
Phemex SNXXUSDT