Funding you earn now, next payment 21:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.035%
Price spread now: Coinbase International against Entropy+0.066%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.066%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.107%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:SNDK | 1,769.1 | 0.0050 | pay 0.0006% / 1h | 7m 17s | $4.5M | $20.5M | 10x |
| Short | Coinbase International SNDK-PERP-INTX | 1,770.3 | 0.0040 | get 0.0005% / 1h | 7m 17s | $434K | $2.4M | 10x |
Entropy io:SNDK
Coinbase International SNDK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Entropy. 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
- −$2.1
- Price spread: +0.066% → +0.047%
- $1.96
- Slippage, 4 orders
- −$7.5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.64
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 8 min ago; Coinbase International: 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 Entropy live order book, 8 min ago | 0.28 bp | 9.8 bp −$10 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 1.53 bp | 7.0 bp −$7 | 11.6 bp −$116 | 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 | 1,768.5 | −0.034% | $4.1M | $4.5M | 75x | as long as short |
| Arcus SNDK-USD | −0.0085% | 1h | 1,768.6 | −0.029% | $282K | $1.7M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0055% | 1h | 1,769 | −0.006% | $49K | $230K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,768.7 | −0.023% | $275K | $195K | 15x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,769 | −0.005% | $2.2M | $22.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769 | −0.003% | $21.8M | $39.8M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.8 | −0.018% | $286.7M | $1.90B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,769.2 | +0.007% | $31.6M | $105.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.7 | −0.023% | $87.7M | $846.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,769.6 | +0.028% | $162K | $1.8M | 20x | as long as short |
BloFin SNDK-USDT
Arcus SNDK-USD
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.7 | −0.022% | $183.3M | $245.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,768.9 | −0.009% | $49.5M | $171.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,769.6 | +0.026% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.5 | −0.032% | $10K | $1.0M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.7 | −0.023% | $14K | $295K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,768.3 | −0.048% | $1K | $4.0M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,768.5 | −0.035% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.7 | −0.024% | $2.8M | $948K | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,769.2 | +0.006% | $753 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,769.6 | +0.031% | $1.5M | $16.5M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,769.4 | +0.017% | $1.4M | $10.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,769 | −0.005% | $410K | $1.8M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.744% | $36 | $19K | 12x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0040% | 1h | 1,770.3 | +0.066% | $434K | $2.4M | 10x | |
| Vest SNDK-USD-PERP | +0.0044% | 1h | 1,768.6 | −0.030% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.8 | −0.017% | $244K | $680K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,769.1 | 0.000% | $111.9M | $151.8M | 10x | as long as short |
| Entropy io:SNDKlong | +0.0050% | 1h | 1,769.1 | long leg | $4.5M | $20.5M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,768.7 | −0.023% | $196K | $185K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,768.8 | −0.019% | $723K | $547K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,767.9 | −0.068% | $1.4M | $4.8M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,768.9 | −0.009% | — | — | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0070% | 1h | 1,769.7 | +0.033% | $129K | $411K | 20x | as long as short |
| Nado SNDK-PERP | +0.0073% | 1h | 1,768.9 | −0.010% | $309K | $1.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768.8 | −0.017% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,769 | −0.007% | $213K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,768.6 | −0.030% | $6.0M | $22.7M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.5 | +0.022% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.3 | −0.046% | $8K | $2K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0788% | 4h | 1,768.5 | −0.035% | $562K | $354K | 10x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Kraken Futures PF_SNDKUSD
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC