Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.015%
Price spread now: tradeXYZ against Arcus−0.003%7-day average +0.020% · 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−$34as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.003%, 7d avg +0.020%
=Together, before fees−0.025%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.024% cheaper against Arcus than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.020%). If the spread goes back, that is −$2 on $10k: about 8.1 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SNDK-USD | 1,778.8 | 0.0040 | pay 0.0005% / 1h | 36m 20s | $285K | $1.7M | 10x |
| Short | tradeXYZ xyz:SNDK | 1,778.7 | 0.0050 | get 0.0006% / 1h | 36m 20s | $113.4M | $151.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.04
- Price spread: −0.003% → +0.020%
- −$2.36
- Slippage, 4 orders
- −$9.57
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$32.39
- Costs to cover
- 0.321%
- Break-even
- 118.1 days
Slippage from Arcus: live order book, 3 min ago; tradeXYZ: 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, 3 min ago | 1.01 bp | 5.2 bp −$5 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.28 bp | 10.2 bp −$10 | 11.0 bp −$110 | 14.1 bp −$1,413 | 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 | 1,779.5 | +0.040% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0068% | 1h | 1,778.4 | −0.020% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,778.8 | 0.000% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,779.5 | +0.041% | $22.0M | $46.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,779.1 | +0.018% | $284.5M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,779.5 | +0.040% | $31.8M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,779.1 | +0.019% | $87.3M | $845.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,779 | +0.011% | $184.1M | $239.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,779.1 | +0.021% | $49.6M | $170.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,779.3 | +0.029% | $2.6M | $4.7M | — | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,779 | +0.013% | $12K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,778.6 | −0.009% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,779 | +0.013% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,778.1 | −0.038% | $777 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,779.4 | +0.037% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,779.7 | +0.053% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,779.4 | +0.034% | $707 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,780.3 | +0.087% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,779.3 | +0.031% | $1.3M | $9.9M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,778.5 | −0.014% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.192% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USDlong | +0.0040% | 1h | 1,778.8 | long leg | $285K | $1.7M | 10x | |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.6 | −0.008% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,779.1 | +0.019% | $246K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,778.7 | −0.003% | $113.4M | $151.7M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,779 | +0.013% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.9 | +0.008% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,778.9 | +0.008% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,779.1 | +0.019% | $1.4M | $4.9M | 5x | as long as short |
| edgeX SNDKUSDC | +0.0062% | 4h | 1,778.7 | −0.005% | $565K | $354K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778.8 | +0.003% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,778.6 | −0.009% | $442K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,779.2 | +0.025% | $212K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,778.3 | −0.028% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.1 | +0.018% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,778.1 | −0.035% | $8K | $2K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0121% | 1h | 1,779.6 | +0.047% | $50K | $287K | 10x | as long as short |
| Lighter SNDK | +0.0160% | 1h | 1,780.1 | +0.074% | $1.6M | $16.2M | 20x | as long as short |
| Nado SNDK-PERP | +0.0182% | 1h | 1,778.9 | +0.008% | $387K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,779.9 | +0.065% | $129K | $406K | 20x | as long as short |
tradeXYZ xyz:SNDK
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
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Deribit SNDK_USDC-PERPETUAL
Lighter SNDK
Kraken Futures PF_SNDKUSD