Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC−0.057%49s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.057%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.115% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SNXX_USDT | 17.620 | 0 | get 0.0000% / 8h | 3h 38m | $9.1M | $7.7M | 50x |
| Short | BloFin SNXX-USDT | 17.610 | 0.0006 | get 0.0006% / 8h | 3h 38m | $285K | $282K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $1.24
- Price spread: −0.057% → +0.059%
- −$11.53
- Slippage, 4 orders
- −$27.52
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.81
- Costs to cover
- 0.395%
- Break-even
- 287.3 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 56 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 MEXC live order book, 4 min ago | 5.64 bp | 16.3 bp −$16 | 41.7 bp −$417 | 50.7 bp −$5,072 | 92.7 bp −$46.4K |
| Sell BloFin live order book, 56 min ago | 2.79 bp | 8.8 bp −$9 | 13.1 bp −$131 | 37.9 bp −$3,791 | 123.4 bp −$61.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | −0.2946% | 1h | 17.638 | +0.102% | $137K | $748K | 10x | as long as short |
| Binance SNXXUSDT | 0.0000% | 8h | 17.620 | 0.000% | $30.4M | $466.6M | 25x | as long as short |
| Bybit SNXXUSDT | 0.0000% | 8h | 17.630 | +0.057% | $3.3M | $18.6M | 50x | as long as short |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.610 | −0.057% | $4.8M | $62.5M | 25x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.621 | +0.006% | $4.2M | $18.0M | 50x | as long as short |
| MEXC SNXX_USDTlong | 0.0000% | 8h | 17.620 | long leg | $9.1M | $7.7M | 50x | |
| Bitget SNXXUSDT | 0.0000% | 8h | 17.613 | −0.040% | $3.9M | $40.3M | 20x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.630 | +0.057% | — | $4.7M | 10x | as long as short |
| HTX SNXX-USDT | 0.0000% | 8h | 17.660 | +0.227% | $10K | $4K | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.620 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNXX-USDTshort | +0.0006% | 8h | 17.610 | −0.057% | $285K | $282K | 25x | |
| KuCoin SNXXUSDTM | +0.0100% | 8h | 17.720 | +0.568% | $209K | $287K | 20x | as long as short |
| Orderly PERP_SNXX_USDC_mythos | +0.0100% | 8h | 17.700 | +0.454% | $1K | $2K | 10x | as long as short |
| Aster SNXXUSDT | +0.0214% | 8h | 17.746 | +0.715% | $52K | $573K | 20x | as long as short |
| edgeX SNXXUSDC | +0.0952% | 4h | 17.697 | +0.437% | $55K | $403K | 10x | as long as short |
MEXC SNXX_USDT
BloFin SNXX-USDT
tradeXYZ xyz:SNXX
Binance SNXXUSDT
Bybit SNXXUSDT
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
Bitget SNXXUSDT
SunX SNXX-USDT
HTX SNXX-USDT
Phemex SNXXUSDT
KuCoin SNXXUSDTM
Aster SNXXUSDT
edgeX SNXXUSDC