Funding you earn now, next payment 05:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h −0.004%
Price spread now: QFEX against Bybit−0.007%53s7-day average −0.049% · 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−$290.287% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.007%, 7d avg −0.049%
=The price spread pays, funding is against you. QFEX is 0.042% dearer against Bybit than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.049%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.5 days. The two prices were read 53 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 | 1,770.7 | 0 | get 0.0000% / 8h | 3h 22m | $32.1M | $102.0M | 100x |
| Short | QFEX SNDK-USD | 1,770.6 | −0.0019 | pay 0.0002% / 1h | 22m 41s | $1.4M | $12.0M | 10x |
Bybit SNDKUSDT
QFEX SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$3.91
- Price spread: −0.007% → −0.049%
- $4.21
- Slippage, 4 orders
- −$7.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$28.44
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; QFEX: live order book, 6 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, 1 min ago | 0.03 bp | 7.0 bp −$7 | 12.2 bp −$122 | 36.3 bp −$3,635 | doesn't fit |
| Sell QFEX live order book, 6 min ago | 0.56 bp | 5.6 bp −$6 | 5.6 bp −$56 | 10.2 bp −$1,015 | 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 | 1,770.2 | −0.032% | $3.9M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0065% | 1h | 1,773.1 | +0.135% | $4.8M | $19.8M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0045% | 8h | 1,771.9 | +0.067% | $6.1M | $22.0M | 20x | as long as short |
| Nado SNDK-PERP | −0.0028% | 1h | 1,771.4 | +0.039% | $344K | $1.5M | 10x | as long as short |
| QFEX SNDK-USDshort | −0.0019% | 1h | 1,770.6 | −0.007% | $1.4M | $12.0M | 10x | |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,771 | +0.019% | $430K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773.4 | +0.153% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,770.2 | −0.028% | $281.4M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDTlong | 0.0000% | 8h | 1,770.7 | long leg | $32.1M | $102.0M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.2 | −0.029% | $81.8M | $824.9M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
KuCoin SNDKUSDTM
Nado SNDK-PERP
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance 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 | 1,772.5 | +0.099% | $137K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,770.2 | −0.032% | $176.3M | $230.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,769.8 | −0.053% | $44.2M | $162.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,774.1 | +0.190% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,771.2 | +0.029% | $11K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,771.7 | +0.056% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,770.8 | +0.006% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,769.5 | −0.067% | $848 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,770.9 | +0.012% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,770.1 | −0.034% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,770.3 | −0.021% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,774.6 | +0.222% | $763 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,771.1 | +0.019% | $1.7M | $15.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,770.6 | −0.008% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,770.1 | −0.036% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.652% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,772.6 | +0.104% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,768.5 | −0.125% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.3 | +0.033% | $244K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,769.5 | −0.070% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,770 | −0.040% | $117.1M | $152.0M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,770.3 | −0.023% | $186K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,770.6 | −0.005% | $724K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,770.9 | +0.011% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.2 | −0.028% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,770.3 | −0.024% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,776.8 | +0.344% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,770.3 | −0.023% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,770.8 | +0.005% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0410% | 4h | 1,777 | +0.357% | $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