Funding you earn now, next payment 04:00 UTC−0.0742%/8h= −81.3% APRpaid last 24h −0.024%
Price spread now: BloFin against tradeXYZ−0.050%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.050%, 7d avg −0.030%
=Together, before fees+0.046%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and BloFin is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.030%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.135%, 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 0.135% in total (about 7.6% 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 | 17.939 | 0.1268 | pay 0.0159% / 1h | 58m 57s | $141K | $743K | 10x |
| Short | BloFin SNXX-USDT | 17.930 | 0.0526 | get 0.0526% / 8h | 4h 58m | $286K | $287K | 25x |
tradeXYZ xyz:SNXX
BloFin SNXX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$155.89
- Price spread: −0.050% → −0.030%
- −$2.06
- Slippage, 4 orders
- −$31.41
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$219.36
- Costs to cover
- 0.614%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 18 min ago; BloFin: live order book, 41 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, 18 min ago | 2.51 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 2.80 bp | 8.8 bp −$9 | 18.1 bp −$181 | 35.9 bp −$3,588 | 87.3 bp −$43.7K |
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 | −0.0560% | 4h | 17.917 | −0.121% | $55K | $405K | 10x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.932 | −0.039% | $4.3M | $17.8M | 50x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.920 | −0.106% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.910 | −0.162% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.930 | −0.050% | $1.6M | $1.5M | 20x | as long as short |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.910 | −0.162% | $212K | $303K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.930 | −0.050% | $1K | $2K | 10x | as long as short |
| OKX SNXX-USDT-SWAP | +0.0145% | 8h | 17.930 | −0.050% | $5.2M | $61.7M | 25x | as long as short |
| Bitget SNXXUSDT | +0.0309% | 8h | 17.937 | −0.011% | $4.1M | $40.5M | 20x | as long as short |
| Bybit SNXXUSDT | +0.0343% | 8h | 17.930 | −0.050% | $3.4M | $18.3M | 50x | as long as short |
edgeX SNXXUSDC
Gate SNXX_USDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
KuCoin SNXXUSDTM
Orderly PERP_SNXX_USDC_mythos
OKX SNXX-USDT-SWAP
Bitget SNXXUSDT
Bybit SNXXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SNXXUSDT | +0.0520% | 8h | 17.910 | −0.159% | $53K | $573K | 20x | as long as short |
| BloFin SNXX-USDTshort | +0.0526% | 8h | 17.930 | −0.050% | $286K | $287K | 25x | |
| MEXC SNXX_USDT | +0.0537% | 8h | 17.910 | −0.162% | $9.3M | $7.7M | 50x | as long as short |
| Binance SNXXUSDT | +0.0541% | 8h | 17.930 | −0.050% | $32.9M | $462.8M | 25x | as long as short |
| tradeXYZ xyz:SNXXlong | +0.1268% | 1h | 17.939 | long leg | $141K | $743K | 10x |
Aster SNXXUSDT
MEXC SNXX_USDT
Binance SNXXUSDT