SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRnext payment −$1.02 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit−0.056%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2212.205% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.056%, 7d avg −0.035%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.021% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNXXUSDT	17.920	0.0202	pay 0.0202% / 8h	4h 32m	$3.4M	$18.3M	50x
Short	KuCoin SNXXUSDTM	17.910	0.0100	get 0.0100% / 8h	4h 32m	$212K	$295K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$21.51
Price spread: −0.056% → −0.035%: −$2.12
Slippage, 4 orders: −$197.51
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$244.14
Costs to cover: 2.205%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 49 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 Bybit live order book, 1 min ago	2.79 bp	12.8 bp −$13	23.3 bp −$233	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	11.17 bp	105.4 bp −$105	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
edgeX SNXXUSDC	−0.0801%	4h	17.912	−0.046%	$55K	$404K	10x	as long as short
Gate SNXX_USDT	0.0000%	8h	17.916	−0.022%	$4.3M	$17.9M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.910	−0.056%	—	$4.7M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.910	−0.056%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.900	−0.112%	$1.6M	$1.5M	20x	as long as short
OKX SNXX-USDT-SWAP	+0.0071%	8h	17.910	−0.056%	$5.1M	$61.7M	25x	as long as short
KuCoin SNXXUSDTMshort	+0.0100%	8h	17.910	−0.056%	$212K	$295K	20x
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.920	0.000%	$1K	$2K	10x	as long as short
Bybit SNXXUSDTlong	+0.0202%	8h	17.920	long leg	$3.4M	$18.3M	50x
Bitget SNXXUSDT	+0.0266%	8h	17.912	−0.045%	$4.0M	$40.6M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SNXX	+0.0287%	1h	17.909	−0.061%	$141K	$743K	10x	as long as short
Aster SNXXUSDT	+0.0461%	8h	17.909	−0.062%	$53K	$573K	20x	as long as short
Binance SNXXUSDT	+0.0474%	8h	17.910	−0.056%	$32.7M	$462.6M	25x	as long as short
MEXC SNXX_USDT	+0.0476%	8h	17.900	−0.112%	$9.3M	$7.7M	50x	as long as short
BloFin SNXX-USDT	+0.0494%	8h	17.900	−0.112%	$285K	$286K	25x	as long as short