Funding you earn now, next payment 09:00 UTC−0.1035%/8h= −113.3% APRpaid last 24h −0.047%
Price spread now: Bitget against tradeXYZ+0.059%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now +0.059%, 7d avg −0.059%
=Together, before fees+0.146%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.117% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.059%): +$12 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.071% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.8% 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 | 17.093 | 0.0140 | pay 0.0017% / 1h | 34m 00s | $143K | $723K | 10x |
| Short | Bitget SNXXUSDT | 17.103 | −0.0895 | pay 0.0895% / 8h | 7h 34m | $3.9M | $40.0M | 20x |
tradeXYZ xyz:SNXX
Bitget SNXXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$217.32
- Price spread: +0.059% → −0.059%
- $11.72
- Slippage, 4 orders
- −$28.77
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$264.37
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 63 min ago; Bitget: live order book, 5 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, 63 min ago | 2.59 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.33 bp | 12.2 bp −$12 | 18.1 bp −$181 | 24.6 bp −$2,460 | 56.0 bp −$28.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SNXXUSDT | −0.1076% | 8h | 17.119 | +0.153% | $31.3M | $468.4M | 25x | as long as short |
| MEXC SNXX_USDT | −0.1070% | 8h | 17.130 | +0.216% | $13.1M | $8.6M | 50x | as long as short |
| BloFin SNXX-USDT | −0.1043% | 8h | 17.130 | +0.216% | $285K | $274K | 25x | as long as short |
| Bitget SNXXUSDTshort | −0.0895% | 8h | 17.103 | +0.059% | $3.9M | $40.0M | 20x | |
| KuCoin SNXXUSDTM | −0.0793% | 8h | 17.130 | +0.216% | $203K | $287K | 20x | as long as short |
| Aster SNXXUSDT | −0.0684% | 8h | 17.160 | +0.392% | $48K | $488K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | −0.0566% | 8h | 17.140 | +0.275% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | −0.0415% | 8h | 17.100 | +0.041% | $5.0M | $61.8M | 25x | as long as short |
| Gate SNXX_USDT | −0.0237% | 8h | 17.120 | +0.158% | $4.5M | $18.5M | 50x | as long as short |
| HTX SNXX-USDT | −0.0193% | 8h | 17.150 | +0.333% | $9K | $4K | 20x | as long as short |
Binance SNXXUSDT
MEXC SNXX_USDT
BloFin SNXX-USDT
KuCoin SNXXUSDTM
Aster SNXXUSDT
Orderly PERP_SNXX_USDC_mythos
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
HTX SNXX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SNXXUSDC | −0.0105% | 4h | 17.164 | +0.413% | $53K | $402K | 10x | as long as short |
| Bybit SNXXUSDT | 0.0000% | 8h | 17.110 | +0.099% | $3.9M | $19.9M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.160 | +0.392% | — | $4.2M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.140 | +0.275% | $1.5M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SNXXlong | +0.0140% | 1h | 17.093 | long leg | $143K | $723K | 10x |
edgeX SNXXUSDC
Bybit SNXXUSDT
SunX SNXX-USDT
Phemex SNXXUSDT