Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against ApeX Omni+0.478%75s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$430.434% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.512%−$51 · spread now +0.478%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.487% dearer against ApeX Omni than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 75 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 | ApeX Omni SNDKUSDT | 1,783.7 | 0.0100 | pay 0.0013% / 1h | 27m 36s | $69K | $269K | 50x |
| Short | Coinbase International SNDK-PERP-INTX | 1,792.3 | 0.0128 | get 0.0016% / 1h | 27m 36s | $442K | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $5.88
- Price spread: +0.478% → −0.009%
- $48.68
- Slippage, 4 orders
- −$23.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $11.17
- Costs to cover
- 0.434%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 44 min ago; Coinbase International: live order book, 1 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 ApeX Omni live order book, 44 min ago | 7.91 bp | 13.7 bp −$14 | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 2.62 bp | 8.2 bp −$8 | 13.9 bp −$139 | 34.9 bp −$3,494 | doesn't fit |
SNDK on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,790.4 | +0.371% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,791.4 | +0.429% | $21.8M | $44.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,791.7 | +0.444% | $286.5M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,792.4 | +0.485% | $32.1M | $100.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,792.4 | +0.486% | $86.4M | $836.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,792.1 | +0.469% | $183.1M | $234.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,791.8 | +0.453% | $48.1M | $169.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.6 | +0.162% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,787 | +0.181% | $22K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,787.7 | +0.223% | $278K | $195K | 15x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | 0.0000% | 1h | 1,791.5 | +0.435% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,789.5 | +0.325% | $1K | $3.8M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,790.6 | +0.387% | $50K | $314K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.4 | +0.372% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790.8 | +0.396% | $2.8M | $1.0M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,791.8 | +0.450% | $2.0M | $19.8M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,792.7 | +0.505% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0008% | 1h | 1,791.8 | +0.455% | $347K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0009% | 1h | 1,787.3 | +0.202% | $715 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,792.9 | +0.516% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,792.3 | +0.479% | $1.4M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,791.7 | +0.444% | $439K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.910% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.1 | +0.247% | $304K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.3 | +0.366% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,792.3 | +0.480% | $246K | $647K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,791.9 | +0.458% | $115.2M | $148.4M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,789 | +0.295% | $4.8M | $20.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,791.4 | +0.430% | $187K | $135K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,791.9 | +0.456% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,787 | +0.183% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,790.9 | +0.401% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,791.8 | +0.452% | $199K | $291K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,790.8 | +0.399% | $6.1M | $21.9M | 20x | as long as short |
| ApeX Omni SNDKUSDTlong | +0.0100% | 1h | 1,783.7 | long leg | $69K | $269K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790.5 | +0.380% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0128% | 1h | 1,792.3 | +0.478% | $442K | $2.3M | 10x | |
| SoDEX SNDK-USD | +0.0147% | 1h | 1,789.6 | +0.329% | $732K | $515K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0659% | 1h | 1,791.8 | +0.451% | $130K | $379K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0988% | 4h | 1,786.5 | +0.153% | $567K | $355K | 10x | as long as short |
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
SoDEX SNDK-USD
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC