SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.045%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$196as in the Funding arb table

Net, price: spread back to 7d avg − costs−$227as in the Price arb table

costs, in and out, $10k−$2242.242% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.045%, 7d avg −0.018%

Together, before fees+0.274%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SNXX_USDT	17.918	0	get 0.0000% / 8h	4h 34m	$4.3M	$17.9M	50x
Short	KuCoin SNXXUSDTM	17.910	0.0100	get 0.0100% / 8h	4h 34m	$212K	$295K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $21
Price spread: −0.045% → −0.018%: −$2.62
Slippage, 4 orders: −$197.21
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$205.83
Costs to cover: 2.242%
Break-even: 75.6 days

Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 47 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 Gate live order book, 5 min ago	4.47 bp	14.9 bp −$15	38.2 bp −$382	52.5 bp −$5,255	doesn't fit
Sell KuCoin live order book, 47 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	−0.0644%	4h	17.909	−0.050%	$55K	$404K	10x	as long as short
Gate SNXX_USDTlong	0.0000%	8h	17.918	long leg	$4.3M	$17.9M	50x
SunX SNXX-USDT	0.0000%	8h	17.900	−0.100%	—	$4.7M	10x	as long as short
HTX SNXX-USDT	0.0000%	8h	17.910	−0.045%	$10K	$4K	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.910	−0.045%	$1.6M	$1.5M	20x	as long as short
OKX SNXX-USDT-SWAP	+0.0075%	8h	17.910	−0.045%	$5.1M	$61.7M	25x	as long as short
KuCoin SNXXUSDTMshort	+0.0100%	8h	17.910	−0.045%	$212K	$295K	20x
Orderly PERP_SNXX_USDC_mythos	+0.0100%	8h	17.920	+0.011%	$1K	$2K	10x	as long as short
Bybit SNXXUSDT	+0.0216%	8h	17.920	+0.011%	$3.4M	$18.3M	50x	as long as short
Bitget SNXXUSDT	+0.0270%	8h	17.911	−0.039%	$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	+0.0281%	1h	17.906	−0.067%	$141K	$743K	10x	as long as short
Aster SNXXUSDT	+0.0469%	8h	17.909	−0.050%	$53K	$573K	20x	as long as short
BloFin SNXX-USDT	+0.0472%	8h	17.920	+0.011%	$285K	$287K	25x	as long as short
Binance SNXXUSDT	+0.0479%	8h	17.911	−0.038%	$32.8M	$462.6M	25x	as long as short
MEXC SNXX_USDT	+0.0481%	8h	17.900	−0.100%	$9.3M	$7.7M	50x	as long as short