Funding you earn now, next payment 08:00 UTC−0.0506%/8h= −55.5% APRpaid last 24h +0.024%
Price spread now: Aster against tradeXYZ+0.075%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.075%, 7d avg −0.038%
=Together, before fees+0.047%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.113% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.038%): +$11 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.057%, 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 0.057% in total (about 3.1% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:SNXX | 17.367 | −0.0159 | get 0.0020% / 1h | 30m 41s | $147K | $727K | 10x |
| Short | Aster SNXXUSDT | 17.380 | −0.0665 | pay 0.0665% / 8h | 30m 41s | $52K | $491K | 20x |
tradeXYZ xyz:SNXX
Aster SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$106.35
- Price spread: +0.075% → −0.038%
- $11.31
- Slippage, 4 orders
- −$34.41
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$155.45
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Aster: live order book, 7 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 tradeXYZ live order book, 7 min ago | 2.59 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 7 min ago | 8.62 bp | 12.6 bp −$13 | 17.4 bp −$174 | 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 | −0.1150% | 8h | 17.370 | +0.017% | $9.3M | $7.7M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1146% | 8h | 17.380 | +0.075% | $291K | $279K | 25x | as long as short |
| Binance SNXXUSDT | −0.1140% | 8h | 17.370 | +0.017% | $31.4M | $472.8M | 25x | as long as short |
| Bybit SNXXUSDT | −0.0975% | 8h | 17.380 | +0.075% | $3.8M | $19.8M | 50x | as long as short |
| Bitget SNXXUSDT | −0.0954% | 8h | 17.378 | +0.063% | $3.9M | $40.3M | 20x | as long as short |
| KuCoin SNXXUSDTM | −0.0941% | 8h | 17.380 | +0.075% | $205K | $246K | 20x | as long as short |
| edgeX SNXXUSDC | −0.0682% | 4h | 17.377 | +0.058% | $54K | $403K | 10x | as long as short |
| Aster SNXXUSDTshort | −0.0665% | 8h | 17.380 | +0.075% | $52K | $491K | 20x | |
| OKX SNXX-USDT-SWAP | −0.0530% | 8h | 17.380 | +0.075% | $5.2M | $63.4M | 25x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0468% | 8h | 17.400 | +0.190% | $1K | $2K | 10x | as long as short |
MEXC SNXX_USDT
BloFin SNXX-USDT
Binance SNXXUSDT
Bybit SNXXUSDT
Bitget SNXXUSDT
KuCoin SNXXUSDTM
edgeX SNXXUSDC
OKX SNXX-USDT-SWAP
Orderly PERP_SNXX_USDC_mythosShow 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 | +0.017% | $9K | $4K | 10x | as long as short |
| tradeXYZ xyz:SNXXlong | −0.0159% | 1h | 17.367 | long leg | $147K | $727K | 10x | |
| Gate SNXX_USDT | −0.0114% | 8h | 17.365 | −0.012% | $4.6M | $19.0M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.390 | +0.132% | — | $4.5M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.380 | +0.075% | $1.6M | $1.5M | 20x | as long as short |
HTX SNXX-USDT
Gate SNXX_USDT
SunX SNXX-USDT
Phemex SNXXUSDT