Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.011%
Price spread now: Popdex against Bybit−0.048%52s7-day average −0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$230.230% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.048%, 7d avg −0.009%
=Funding pays, the price is against you. Popdex is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.019% in total) that is about 6.9 days. The two prices were read 52 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 | Bybit SNDKUSDT | 1,774.6 | 0 | get 0.0000% / 8h | 1h 06m | $31.8M | $105.4M | 100x |
| Short | Popdex SNDKUSDT | 1,773.7 | 0.0048 | get 0.0006% / 1h | 6m 41s | $245K | $667K | 20x |
Bybit SNDKUSDT
Popdex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Bybit. 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
- $10.08
- Price spread: −0.048% → −0.009%
- −$3.94
- Slippage, 4 orders
- −$5.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$16.9
- Costs to cover
- 0.230%
- Break-even
- 18.7 days
Slippage from Bybit: live order book, 7 min ago; Popdex: live order book, 12 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, 7 min ago | 0.37 bp | 7.8 bp −$8 | 12.9 bp −$129 | 40.2 bp −$4,024 | doesn't fit |
| Sell Popdex live order book, 12 min ago | 0.56 bp | 3.8 bp −$4 | 7.8 bp −$78 | 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 | 1,773.6 | −0.053% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0075% | 1h | 1,773.2 | −0.077% | $4.5M | $20.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0007% | 1h | 1,773.5 | −0.059% | $2.2M | $21.8M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,774.1 | −0.024% | $21.9M | $46.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,774 | −0.029% | $285.3M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDTlong | 0.0000% | 8h | 1,774.6 | long leg | $31.8M | $105.4M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,774.8 | +0.014% | $87.4M | $842.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,773.8 | −0.045% | $183.6M | $241.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,774.3 | −0.015% | $49.6M | $169.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773.2 | −0.074% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,774.2 | −0.019% | $13K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,773.5 | −0.060% | $276K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,773.6 | −0.053% | $15K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,773 | −0.086% | $826 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,773.8 | −0.041% | $49K | $263K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,773.7 | −0.050% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,773.7 | −0.047% | $2.8M | $991K | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,773.9 | −0.039% | $683 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0015% | 1h | 1,775.2 | +0.034% | $174K | $1.8M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,775.1 | +0.033% | $1.6M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,774.6 | +0.001% | $1.4M | $10.2M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,773.1 | −0.080% | $410K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.431% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,773.8 | −0.042% | $284K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,773.1 | −0.085% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDTshort | +0.0048% | 1h | 1,773.7 | −0.048% | $245K | $667K | 20x | |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.3 | −0.015% | $113.1M | $151.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,773.3 | −0.071% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,773.6 | −0.057% | $725K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,774.1 | −0.027% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,773.6 | −0.054% | $1.4M | $4.9M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0056% | 1h | 1,775 | +0.022% | $441K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,773.5 | −0.059% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774 | −0.032% | $213K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,773.3 | −0.070% | $6.0M | $22.4M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,773.9 | −0.037% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,772.8 | −0.101% | $8K | $2K | 20x | as long as short |
| Nado SNDK-PERP | +0.0114% | 1h | 1,773.7 | −0.048% | $385K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0386% | 1h | 1,774.3 | −0.016% | $129K | $413K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0635% | 4h | 1,773.3 | −0.072% | $563K | $354K | 10x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Nado SNDK-PERP
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC