Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: BloFin against Binance+0.076%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.076%, 7d avg +0.023%
=The price spread pays, funding is against you. BloFin is 0.052% dearer against Binance than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.023%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.037% in total) that is about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SNDKUSDT | 1,774.2 | 0 | get 0.0000% / 8h | 5h 52m | $282.8M | $1.87B | 75x |
| Short | BloFin SNDK-USDT | 1,775.5 | −0.0120 | pay 0.0120% / 8h | 5h 52m | $4.0M | $4.7M | 75x |
Binance SNDKUSDT
BloFin SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$25.2
- Price spread: +0.076% → +0.023%
- $5.23
- Slippage, 4 orders
- −$1.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.53
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BloFin: 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 Binance live order book, 15 min ago | 0.03 bp | 5.1 bp −$5 | 6.2 bp −$62 | 17.4 bp −$1,744 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.03 bp | 6.5 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0258% | 1h | 1,774.2 | +0.001% | $168K | $385K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0184% | 1h | 1,774.4 | +0.013% | $23K | $419K | 10x | as long as short |
| BloFin SNDK-USDTshort | −0.0120% | 8h | 1,775.5 | +0.076% | $4.0M | $4.7M | 75x | |
| QFEX SNDK-USD | −0.0001% | 1h | 1,772.9 | −0.070% | $1.4M | $9.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,775.1 | +0.051% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDTlong | 0.0000% | 8h | 1,774.2 | long leg | $282.8M | $1.87B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,774.6 | +0.027% | $31.5M | $106.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,773.2 | −0.054% | $82.6M | $841.3M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,773.8 | −0.020% | $182.2M | $218.3M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,774.2 | +0.001% | $49.8M | $171.1M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
Deribit SNDK_USDC-PERPETUAL
QFEX SNDK-USD
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,774.1 | −0.003% | $2.7M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,774 | −0.009% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.3 | +0.064% | $15K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,775.1 | +0.051% | $1K | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,774.6 | +0.024% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775.7 | +0.085% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0017% | 1h | 1,775.5 | +0.073% | $684 | $38K | 5x | as long as short |
| Nado SNDK-PERP | +0.0032% | 1h | 1,775 | +0.050% | $332K | $1.5M | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,774.7 | +0.031% | $1.3M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,774.3 | +0.009% | $432K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.454% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,772.9 | −0.073% | $271K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.2 | +0.059% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,773.4 | −0.043% | $244K | $700K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.4 | +0.014% | $121.6M | $152.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,774.3 | +0.008% | $4.5M | $19.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,774.8 | +0.036% | $187K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,775.3 | +0.061% | $728K | $525K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,774.3 | +0.008% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,774.4 | +0.016% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,774.8 | +0.034% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774.1 | −0.004% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,773.9 | −0.013% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,774.3 | +0.008% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.5 | +0.017% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,776.1 | +0.108% | $448K | $2.2M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0171% | 8h | 1,775.2 | +0.060% | $22K | $2.4M | 10x | as long as short |
| Lighter SNDK | +0.0208% | 1h | 1,775.4 | +0.068% | $1.9M | $16.7M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0739% | 4h | 1,772.7 | −0.082% | $563K | $338K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,774.8 | +0.038% | $146K | $1.5M | 20x | as long as short |
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Nado SNDK-PERP
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
GRVT SNDK_USDT_Perp
Lighter SNDK
edgeX SNDKUSDC
RISEx SNDK/USDC