Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against MEXC+0.058%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2132.125% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.058%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.066% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SNXX_USDT | 17.370 | −0.1150 | get 0.1150% / 8h | 30m 38s | $9.3M | $7.7M | 50x |
| Short | KuCoin SNXXUSDTM | 17.380 | −0.0941 | pay 0.0941% / 8h | 30m 38s | $205K | $246K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $43.89
- Price spread: +0.058% → −0.009%
- $6.63
- Slippage, 4 orders
- −$200.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$162.02
- Costs to cover
- 2.125%
- Break-even
- 32.8 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 1 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 MEXC live order book, 2 min ago | 2.88 bp | 2.9 bp −$3 | 2.9 bp −$29 | 7.8 bp −$777 | 64.5 bp −$32.2K |
| Sell KuCoin live order book, 1 min ago | 14.38 bp | 116.1 bp −$116 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SNXX_USDTlong | −0.1150% | 8h | 17.370 | long leg | $9.3M | $7.7M | 50x | |
| BloFin SNXX-USDT | −0.1146% | 8h | 17.380 | +0.058% | $291K | $279K | 25x | as long as short |
| Binance SNXXUSDT | −0.1140% | 8h | 17.370 | 0.000% | $31.4M | $472.8M | 25x | as long as short |
| Bybit SNXXUSDT | −0.0975% | 8h | 17.380 | +0.058% | $3.8M | $19.8M | 50x | as long as short |
| Bitget SNXXUSDT | −0.0954% | 8h | 17.378 | +0.046% | $3.9M | $40.3M | 20x | as long as short |
| KuCoin SNXXUSDTMshort | −0.0941% | 8h | 17.380 | +0.058% | $205K | $246K | 20x | |
| edgeX SNXXUSDC | −0.0682% | 4h | 17.377 | +0.041% | $54K | $403K | 10x | as long as short |
| Aster SNXXUSDT | −0.0665% | 8h | 17.380 | +0.058% | $52K | $491K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0530% | 8h | 17.380 | +0.058% | $5.2M | $63.4M | 25x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.400 | +0.173% | $1K | $2K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SNXX-USDT | −0.0357% | 8h | 17.370 | 0.000% | $9K | $4K | 10x | as long as short |
| tradeXYZ xyz:SNXX | −0.0159% | 1h | 17.367 | −0.017% | $147K | $727K | 10x | as long as short |
| Gate SNXX_USDT | −0.0114% | 8h | 17.365 | −0.029% | $4.6M | $19.0M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.390 | +0.115% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | +0.058% | $1.6M | $1.5M | 20x | as long as short |
MEXC SNXX_USDT
KuCoin SNXXUSDTM
BloFin SNXX-USDT
Binance SNXXUSDT
Bybit SNXXUSDT
Bitget SNXXUSDT
edgeX SNXXUSDC
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
HTX SNXX-USDT
tradeXYZ xyz:SNXX
Gate SNXX_USDT
SunX SNXX-USDT
Phemex SNXXUSDT