Funding you earn now, next payment 06:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%
Price spread now: Coinbase International against Arcus−0.061%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.061%, 7d avg +0.067%
=Funding pays, the price is against you. Coinbase International is 0.127% cheaper against Arcus than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.067%). If the spread goes back, that is −$13 on $10k: about 5.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SNDK-USD | 1,762 | 0.0040 | pay 0.0005% / 1h | 4m 43s | $254K | $1.5M | 10x |
| Short | Coinbase International SNDK-PERP-INTX | 1,761 | 0.0112 | get 0.0014% / 1h | 4m 43s | $431K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $15.06
- Price spread: −0.061% → +0.067%
- −$12.73
- Slippage, 4 orders
- −$19.37
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$31.54
- Costs to cover
- 0.339%
- Break-even
- 21.7 days
Slippage from Arcus: live order book, 4 min ago; Coinbase International: live order book, 4 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 Arcus live order book, 4 min ago | 1.05 bp | 6.4 bp −$6 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.30 bp | 8.7 bp −$9 | 13.4 bp −$134 | 30.5 bp −$3,048 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0265% | 8h | 1,761.7 | −0.020% | $48.5M | $167.0M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,762.1 | +0.003% | $3.9M | $4.6M | 75x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,760.5 | −0.089% | $1.4M | $10.1M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0003% | 8h | 1,761.6 | −0.028% | $6.0M | $22.3M | 20x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.4 | +0.018% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.2 | −0.050% | $278.9M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.4 | −0.036% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.8 | −0.070% | $82.2M | $835.9M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762 | 0.000% | $120K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,761.1 | −0.052% | $177.3M | $231.7M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,763.6 | +0.089% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,763.6 | +0.087% | $20K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,763.1 | +0.060% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,762.5 | +0.028% | $14K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,762.7 | +0.039% | $709 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,762.4 | +0.023% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,762.8 | +0.041% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,762.8 | +0.043% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,763.4 | +0.077% | $712 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,760.9 | −0.063% | — | $579K | 10x | as long as short |
| Nado SNDK-PERP | +0.0031% | 1h | 1,764.2 | +0.120% | $328K | $1.5M | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.6 | −0.023% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761 | −0.058% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.152% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDlong | +0.0040% | 1h | 1,762 | long leg | $254K | $1.5M | 10x | |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761 | −0.059% | $242K | $667K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,761 | −0.059% | $118.8M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,762.4 | +0.020% | $4.6M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,761.6 | −0.025% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,762.1 | +0.004% | $721K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,760.9 | −0.062% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,760.8 | −0.070% | $1.4M | $5.2M | 5x | as long as short |
| Lighter SNDK | +0.0056% | 1h | 1,762.2 | +0.011% | $1.8M | $16.3M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,762.1 | +0.006% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,761.2 | −0.047% | $197K | $305K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,764.2 | +0.121% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,762.1 | +0.006% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0112% | 1h | 1,761 | −0.061% | $431K | $2.2M | 10x | |
| edgeX SNDKUSDC | +0.0128% | 4h | 1,763 | +0.057% | $560K | $352K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0400% | 1h | 1,762.9 | +0.048% | $127K | $340K | 20x | as long as short |
Coinbase International SNDK-PERP-INTX
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Lighter SNDK
Pacifica SNDK
ApeX Omni SNDKUSDT
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD