Funding you earn now, next payment 04:00 UTC−0.1268%/8h= −138.9% APRpaid last 24h −0.028%
Price spread now: SunX against tradeXYZ−0.106%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2062.063% of the position
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.106%, 7d avg −0.071%
=Together, before fees−0.525%+ Points / potential airdroptradeXYZ: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and SunX is 0.035% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.380% in total (about -21.4% 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 | SunX SNXX-USDT | 17.920 | 0 | get 0.0000% / 8h | 4h 58m | — | $4.7M | 10x |
tradeXYZ xyz:SNXX
SunX SNXX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$266.36
- Price spread: −0.106% → −0.071%
- −$3.47
- Slippage, 4 orders
- −$180.35
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$476.18
- Costs to cover
- 2.063%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 18 min ago; SunX: live order book, 10 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 SunX live order book, 10 min ago | 47.42 bp | 81.6 bp −$82 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 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-USDTshort | 0.0000% | 8h | 17.920 | −0.106% | — | $4.7M | 10x | |
| 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
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-USDT | +0.0526% | 8h | 17.930 | −0.050% | $286K | $287K | 25x | as long as short |
| 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
BloFin SNXX-USDT
MEXC SNXX_USDT
Binance SNXXUSDT