SNXX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0414%/8h= −45.3% APRnext payment −$4.14 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX0.000%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$211as in the Funding arb table

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2232.230% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now 0.000%, 7d avg −0.016%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SNXX-USDT-SWAP	17.380	−0.0530	get 0.0530% / 8h	30m 44s	$5.2M	$63.4M	25x
Short	KuCoin SNXXUSDTM	17.380	−0.0944	pay 0.0944% / 8h	30m 44s	$205K	$246K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$86.89
Price spread: 0.000% → −0.016%: $1.63
Slippage, 4 orders: −$201
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$308.26
Costs to cover: 2.230%
Break-even: never at this rate

Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago	2.88 bp	8.3 bp −$8	14.3 bp −$143	101.3 bp −$10.1K	doesn't fit
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_USDT	−0.1152%	8h	17.370	−0.058%	$9.3M	$7.7M	50x	as long as short
Binance SNXXUSDT	−0.1151%	8h	17.380	0.000%	$31.4M	$472.9M	25x	as long as short
BloFin SNXX-USDT	−0.1146%	8h	17.380	0.000%	$291K	$279K	25x	as long as short
Bybit SNXXUSDT	−0.0981%	8h	17.380	0.000%	$3.8M	$19.8M	50x	as long as short
Bitget SNXXUSDT	−0.0958%	8h	17.377	−0.017%	$3.9M	$40.3M	20x	as long as short
KuCoin SNXXUSDTMshort	−0.0944%	8h	17.380	0.000%	$205K	$246K	20x
edgeX SNXXUSDC	−0.0682%	4h	17.377	−0.017%	$54K	$403K	10x	as long as short
Aster SNXXUSDT	−0.0670%	8h	17.380	0.000%	$52K	$491K	20x	as long as short
OKX SNXX-USDT-SWAPlong	−0.0530%	8h	17.380	long leg	$5.2M	$63.4M	25x
Orderly PERP_SNXX_USDC_mythos	−0.0468%	8h	17.400	+0.115%	$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	−0.058%	$9K	$4K	10x	as long as short
tradeXYZ xyz:SNXX	−0.0159%	1h	17.367	−0.075%	$147K	$727K	10x	as long as short
Gate SNXX_USDT	−0.0115%	8h	17.360	−0.115%	$4.6M	$19.0M	50x	as long as short
SunX SNXX-USDT	0.0000%	8h	17.390	+0.058%	—	$4.5M	10x	as long as short
Phemex SNXXUSDT	0.0000%	8h	17.380	0.000%	$1.6M	$1.5M	20x	as long as short