Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against BloFin−0.147%91s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as 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−$230.234% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.147%, 7d avg −0.026%
=Funding pays, the price is against you. Binance is 0.120% cheaper against BloFin than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.026%). If the spread goes back, that is −$12 on $10k: about 3.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.037% in total) that is about 23 days. The two prices were read 91 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 | BloFin SNDK-USDT | 1,775.9 | −0.0120 | get 0.0120% / 8h | 3h 25m | $4.0M | $4.4M | 75x |
| Short | Binance SNDKUSDT | 1,773.3 | 0 | get 0.0000% / 8h | 3h 25m | $281.9M | $1.81B | 75x |
BloFin SNDK-USDT
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: −0.147% → −0.026%
- −$12.04
- Slippage, 4 orders
- −$1.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.24
- Costs to cover
- 0.234%
- Break-even
- 9.8 days
Slippage from BloFin: live order book, 8 min ago; Binance: live order book, 3 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 BloFin live order book, 8 min ago | 0.06 bp | 6.1 bp −$6 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.03 bp | 5.0 bp −$5 | 6.1 bp −$61 | 15.0 bp −$1,503 | 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-USDTlong | −0.0120% | 8h | 1,775.9 | long leg | $4.0M | $4.4M | 75x | |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,774.3 | −0.090% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0035% | 1h | 1,775.6 | −0.013% | $345K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0029% | 1h | 1,775.2 | −0.038% | $4.8M | $19.9M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,771.9 | −0.223% | $1.4M | $12.0M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.8 | −0.058% | $431K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,775.5 | −0.022% | $21.7M | $32.3M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,773.3 | −0.147% | $281.9M | $1.81B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,772.8 | −0.173% | $32.2M | $101.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772.7 | −0.179% | $82.3M | $824.6M | 75x | as long as short |
KuCoin SNDKUSDTM
Nado SNDK-PERP
Entropy io:SNDK
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,773.9 | −0.109% | $169K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.7 | −0.178% | $177.0M | $230.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,772.9 | −0.168% | $44.3M | $162.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,774.1 | −0.102% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.9 | +0.112% | $20K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.5 | +0.092% | $277K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,774.3 | −0.088% | $14K | $286K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,772.8 | −0.174% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,774.5 | −0.075% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,773.7 | −0.121% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,774.3 | −0.090% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0007% | 1h | 1,777 | +0.064% | $734 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,773.6 | −0.127% | $1.7M | $15.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,773.5 | −0.136% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,772.2 | −0.207% | $437K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.357% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,774.7 | −0.066% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,773.3 | −0.142% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.7 | −0.179% | $244K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,772.4 | −0.194% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.4 | −0.195% | $117.1M | $151.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,774.2 | −0.094% | $186K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,774.4 | −0.085% | $725K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,772.8 | −0.173% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,774 | −0.106% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,773.1 | −0.154% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,778.3 | +0.138% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.2 | −0.095% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,774.4 | −0.084% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0403% | 4h | 1,777.3 | +0.081% | $564K | $351K | 10x | as long as short |
RISEx SNDK/USDC
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
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC