SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.044%

Price spread now: BloFin against Bybit−0.085%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.085%, 7d avg −0.012%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.074% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNDKUSDT	1,791.9	0	get 0.0000% / 8h	7h 28m	$32.1M	$100.2M	100x
Short	BloFin SNDK-USDT	1,790.4	−0.0120	pay 0.0120% / 8h	7h 28m	$4.1M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$25.2
Price spread: −0.085% → −0.012%: −$7.38
Slippage, 4 orders: −$5.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$60.63
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; BloFin: live order book, 5 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 Bybit live order book, 6 min ago	0.42 bp	8.3 bp −$8	11.3 bp −$113	38.7 bp −$3,872	doesn't fit
Sell BloFin live order book, 5 min ago	0.03 bp	6.2 bp −$6	7.8 bp −$78	12.9 bp −$1,292	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-USDTshort	−0.0120%	8h	1,790.4	−0.085%	$4.1M	$4.5M	75x
Aster SNDKUSD1	0.0000%	8h	1,791	−0.049%	$21.8M	$44.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,791.3	−0.031%	$286.4M	$1.84B	75x	as long as short
Bybit SNDKUSDTlong	0.0000%	8h	1,791.9	long leg	$32.1M	$100.2M	100x
OKX SNDK-USDT-SWAP	0.0000%	8h	1,792.2	+0.018%	$86.3M	$836.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,791.5	−0.020%	$183.1M	$234.8M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,791.5	−0.022%	$47.6M	$168.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.6	−0.294%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,787	−0.275%	$22K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,787.7	−0.233%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SNDK-USD	0.0000%	1h	1,789.2	−0.150%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.7	−0.180%	$873	$3.8M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.7	−0.119%	$50K	$314K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	−0.130%	$1.5M	$10.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.2	−0.094%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,791.1	−0.044%	$2.1M	$19.8M	10x	as long as short
RISEx SNDK/USDC	+0.0004%	1h	1,792.5	+0.032%	$171K	$1.8M	20x	as long as short
Nado SNDK-PERP	+0.0008%	1h	1,791.8	−0.002%	$347K	$1.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0009%	1h	1,786.5	−0.300%	$715	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,792.5	+0.036%	$1.6M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,792	+0.006%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791.5	−0.022%	$439K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.451%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,787.1	−0.270%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.3	−0.091%	—	$585K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,791.7	−0.010%	$246K	$647K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,791.6	−0.016%	$115.1M	$148.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,788.4	−0.194%	$4.8M	$20.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,791.4	−0.027%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,791.7	−0.012%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787	−0.272%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.3	−0.146%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,790.8	−0.060%	$199K	$291K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,790.4	−0.081%	$6.1M	$21.9M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.7	−0.455%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.8	−0.171%	$8K	$3K	20x	as long as short
SoDEX SNDK-USD	+0.0103%	1h	1,787.8	−0.225%	$731K	$515K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,787.7	−0.231%	$441K	$2.3M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0660%	1h	1,789.7	−0.122%	$130K	$379K	20x	as long as short
edgeX SNDKUSDC	+0.0988%	4h	1,786.5	−0.303%	$567K	$355K	10x	as long as short