Funding you earn now, next payment 06:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.006%
Price spread now: tradeXYZ against Coinbase International−0.099%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.099%, 7d avg −0.013%
=Together, before fees+0.028%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.087% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SNDK-PERP-INTX | 1,759.6 | 0.0112 | pay 0.0014% / 1h | 39m 12s | $429K | $2.3M | 10x |
| Short | tradeXYZ xyz:SNDK | 1,757.8 | 0.0050 | get 0.0006% / 1h | 39m 12s | $118.3M | $158.6M | 10x |
Coinbase International SNDK-PERP-INTX
tradeXYZ xyz:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Coinbase International. 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
- −$13.02
- Price spread: −0.099% → −0.013%
- −$8.68
- Slippage, 4 orders
- −$7.72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$57.42
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; tradeXYZ: live order book, 11 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 Coinbase International live order book, 5 min ago | 1.90 bp | 8.9 bp −$9 | 13.0 bp −$130 | 36.1 bp −$3,615 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.28 bp | 9.5 bp −$10 | 10.6 bp −$106 | 14.6 bp −$1,457 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0322% | 8h | 1,758 | −0.090% | $47.5M | $165.8M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,757.9 | −0.093% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0010% | 8h | 1,758.5 | −0.061% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,757.8 | −0.098% | $1.4M | $10.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,759.6 | +0.001% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,757.8 | −0.097% | $279.1M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,758.5 | −0.057% | $31.7M | $103.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,757.7 | −0.105% | $82.2M | $833.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,759.2 | −0.022% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,757.7 | −0.106% | $176.7M | $230.7M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,758.6 | −0.051% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.8 | −0.040% | $15K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | −0.009% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,758 | −0.087% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,757.6 | −0.109% | $914 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,758.1 | −0.081% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,757.1 | −0.140% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,758.2 | −0.076% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0013% | 1h | 1,756 | −0.200% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,759.7 | +0.007% | $703 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,759.2 | −0.021% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,758.5 | −0.057% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,758.4 | −0.066% | $491K | $2.0M | 10x | as long as short |
| Nado SNDK-PERP | +0.0033% | 1h | 1,758.8 | −0.040% | $328K | $1.5M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.297% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.6 | −0.056% | $253K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,758.4 | −0.065% | $242K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,757.8 | −0.099% | $118.3M | $158.6M | 10x | |
| Entropy io:SNDK | +0.0050% | 1h | 1,759 | −0.031% | $4.7M | $19.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,757.1 | −0.139% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,758.3 | −0.073% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,758.2 | −0.078% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,758.4 | −0.065% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,757.7 | −0.104% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,758.2 | −0.077% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.3 | −0.016% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,757.8 | −0.099% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | +0.0112% | 1h | 1,759.6 | long leg | $429K | $2.3M | 10x | |
| Kraken Futures PF_SNDKUSD | +0.0402% | 1h | 1,758.2 | −0.077% | $126K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0662% | 4h | 1,758.9 | −0.035% | $559K | $352K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Nado SNDK-PERP
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC