Funding you earn now, next payment 01:00 UTC+0.0360%/8h= +39.4% APRpaid last 24h +0.014%
Price spread now: SoDEX against Bitget−0.044%7-day average −0.008% · 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−$300.305% of the position
Funding, last 3 days (all we have)+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.044%, 7d avg −0.008%
=Funding pays, the price is against you. SoDEX is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.008%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.043% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.043% in total (about 4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNDKUSDT | 1,781.8 | 0 | get 0.0000% / 8h | 7h 53m | $48.2M | $169.0M | 75x |
| Short | SoDEX SNDK-USD | 1,781 | 0.0360 | get 0.0045% / 1h | 53m 32s | $728K | $527K | 10x |
Bitget SNDKUSDT
SoDEX SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bitget. 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
- $75.62
- Price spread: −0.044% → −0.008%
- −$3.66
- Slippage, 4 orders
- −$10.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $41.5
- Costs to cover
- 0.305%
- Break-even
- 3.2 days
Slippage from Bitget: live order book, 6 min ago; SoDEX: live order book, 20 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 Bitget live order book, 6 min ago | 0.03 bp | 7.2 bp −$7 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 20 min ago | 0.03 bp | 7.8 bp −$8 | 40.6 bp −$406 | doesn't fit | 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 | 1,780.7 | −0.059% | $4.1M | $4.5M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0042% | 1h | 1,781.8 | +0.001% | $50K | $310K | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,782.1 | +0.019% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,781.8 | +0.002% | $284.4M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,782.3 | +0.029% | $32.2M | $100.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,783 | +0.069% | $86.6M | $835.7M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,782.2 | +0.024% | $182.7M | $232.4M | 75x | as long as short |
| Bitget SNDKUSDTlong | 0.0000% | 8h | 1,781.8 | long leg | $48.2M | $169.0M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,779.6 | −0.124% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.1 | −0.091% | $19K | $1.1M | 10x | as long as short |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,777.9 | −0.217% | $277K | $195K | 15x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,779.9 | −0.104% | $835 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,780.7 | −0.059% | $1.5M | $11.0M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,781.6 | −0.010% | $2.8M | $1.0M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,781.4 | −0.023% | $2.2M | $21.0M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,782.3 | +0.028% | $174K | $1.8M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,778.7 | −0.175% | $752 | $37K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,782.5 | +0.042% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,781.7 | −0.006% | $419K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.021% | $36 | $9K | 12x | as long as short |
| Lighter SNDK | +0.0040% | 1h | 1,783 | +0.071% | $1.6M | $15.9M | 20x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,779.1 | −0.152% | $285K | $1.6M | 10x | as long as short |
| Entropy io:SNDK | +0.0044% | 1h | 1,779.8 | −0.111% | $4.7M | $19.9M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,781.6 | −0.011% | — | $675K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,781.6 | −0.010% | $246K | $661K | 20x | as long as short |
| Nado SNDK-PERP | +0.0048% | 1h | 1,782 | +0.014% | $354K | $1.4M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,782.4 | +0.037% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,781.7 | −0.004% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,781.6 | −0.008% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,781.9 | +0.007% | $212K | $279K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,781.5 | −0.015% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.8 | −0.109% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,781.1 | −0.038% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,781.4 | −0.024% | $441K | $2.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0259% | 1h | 1,781.6 | −0.010% | $186K | $143K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0314% | 4h | 1,778.1 | −0.204% | $565K | $353K | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0360% | 1h | 1,781 | −0.044% | $728K | $527K | 10x | |
| tradeXYZ xyz:SNDK | +0.0459% | 1h | 1,782.4 | +0.035% | $114.4M | $149.6M | 10x | as long as short |
| Bullet SNDK-USD | +0.0502% | 1h | 1,781.5 | −0.017% | $14K | $290K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0663% | 1h | 1,781.8 | +0.004% | $130K | $399K | 20x | as long as short |
Phoenix SNDK
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Lighter SNDK
Arcus SNDK-USD
Entropy io:SNDK
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Nado SNDK-PERP
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Polymarket Perps SNDK-USD
edgeX SNDKUSDC
tradeXYZ xyz:SNDK
Bullet SNDK-USD
Kraken Futures PF_SNDKUSD