Funding you earn now, next payment 12:00 UTC−0.0855%/8h= −93.6% APRpaid last 24h −0.118%
Price spread now: Gate against edgeX−0.079%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−1.135%−$114 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.079%, 7d avg −0.005%
=Together, before fees−1.077%+ Points / potential airdropedgeX: Active · farm board−$108 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Gate is 0.074% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,755.1 | 0.0855 | pay 0.0427% / 4h | 3h 46m | $558K | $351K | 10x |
| Short | Gate SNDK_USDT | 1,753.7 | 0 | get 0.0000% / 8h | 7h 46m | $178.6M | $217.0M | 75x |
edgeX SNDKUSDC
Gate SNDK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- −$179.49
- Price spread: −0.079% → −0.005%
- −$7.44
- Slippage, 4 orders
- −$17.82
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$228.75
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; Gate: live order book, 2 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 edgeX live order book, 52 min ago | 5.11 bp | 9.6 bp −$10 | 11.2 bp −$112 | 46.8 bp −$4,679 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.14 bp | 9.9 bp −$10 | 22.4 bp −$224 | 39.0 bp −$3,902 | 65.0 bp −$32.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0516% | 8h | 1,756.1 | +0.057% | $23K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0455% | 8h | 1,754.1 | −0.057% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0241% | 8h | 1,753.6 | −0.087% | $49.3M | $166.4M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0132% | 1h | 1,754.7 | −0.025% | $50K | $359K | 10x | as long as short |
| Entropy io:SNDK | −0.0123% | 1h | 1,755.9 | +0.045% | $4.6M | $19.4M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,754.5 | −0.035% | $3.9M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0082% | 1h | 1,755.9 | +0.042% | $333K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0021% | 8h | 1,755.4 | +0.016% | $6.0M | $22.5M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,754.7 | −0.024% | $1.4M | $9.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.9 | +0.045% | $21.4M | $32.7M | 20x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
Deribit SNDK_USDC-PERPETUAL
Entropy io:SNDK
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SNDKUSDT | 0.0000% | 8h | 1,753.9 | −0.072% | $280.3M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,754.3 | −0.045% | $31.5M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,754.4 | −0.041% | $82.3M | $823.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,756 | +0.049% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDTshort | 0.0000% | 8h | 1,753.7 | −0.079% | $178.6M | $217.0M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.7 | +0.207% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,754.7 | −0.024% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,754.4 | −0.041% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,754.9 | −0.011% | $835 | $3.4M | 20x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,754.4 | −0.043% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,752.6 | −0.144% | — | $570K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,756.6 | +0.086% | $671 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,755.3 | +0.008% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,754.9 | −0.013% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,755.3 | +0.008% | $452K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.555% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,754.3 | −0.045% | $255K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0046% | 8h | 1,755.7 | +0.035% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,754.6 | −0.030% | $241K | $628K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.2 | +0.005% | $119.4M | $157.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,755.4 | +0.016% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,754.8 | −0.020% | $718K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,755.7 | +0.033% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.5 | −0.035% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,755.7 | +0.032% | $197K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,757.3 | +0.125% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,754.9 | −0.012% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,755.9 | +0.043% | $426K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,754.8 | −0.015% | $128K | $344K | 20x | as long as short |
| edgeX SNDKUSDClong | +0.0855% | 4h | 1,755.1 | long leg | $558K | $351K | 10x |
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
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
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD