Funding you earn now, next payment 01:00 UTC+0.0502%/8h= +55.0% APRpaid last 24h 0.000%
Price spread now: Bullet against GRVT+0.074%54s7-day average +0.002% · you sell dearer than you buy
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−$240.238% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.074%, 7d avg +0.002%
=Together, before fees−0.174%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bullet is 0.073% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.002%. Mind the row above: over the last 3 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.050% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SNDK_USDT_Perp | 1,780.1 | 0 | get 0.0000% / 8h | 7h 53m | $19K | $1.1M | 10x |
| Short | Bullet SNDK-USD | 1,781.5 | 0.0502 | get 0.0063% / 1h | 53m 30s | $14K | $290K | 10x |
GRVT SNDK_USDT_Perp
Bullet SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against GRVT. 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
- $105.44
- Price spread: +0.074% → +0.002%
- $7.29
- Slippage, 4 orders
- −$6.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $88.89
- Costs to cover
- 0.238%
- Break-even
- 1.1 days
Slippage from GRVT: live order book, 5 min ago; Bullet: live order book, 20 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 GRVT live order book, 5 min ago | 1.18 bp | 5.7 bp −$6 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 20 min ago | 0.28 bp | 6.1 bp −$6 | 20.6 bp −$206 | 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 | 1,780.7 | +0.032% | $4.1M | $4.5M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0042% | 1h | 1,781.8 | +0.092% | $50K | $310K | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,782.1 | +0.110% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,781.8 | +0.093% | $284.4M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,782.3 | +0.120% | $32.2M | $100.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,783 | +0.160% | $86.6M | $835.7M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,782.2 | +0.115% | $182.7M | $232.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,781.8 | +0.091% | $48.2M | $169.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,779.6 | −0.033% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perplong | 0.0000% | 8h | 1,780.1 | long leg | $19K | $1.1M | 10x |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
Bybit 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,777.9 | −0.126% | $277K | $195K | 15x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,779.9 | −0.013% | $835 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,780.7 | +0.032% | $1.5M | $11.0M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,781.6 | +0.081% | $2.8M | $1.0M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,781.4 | +0.068% | $2.2M | $21.0M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,782.3 | +0.120% | $174K | $1.8M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,778.7 | −0.084% | $752 | $37K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,782.5 | +0.133% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,781.7 | +0.086% | $419K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.113% | $36 | $9K | 12x | as long as short |
| Lighter SNDK | +0.0040% | 1h | 1,783 | +0.163% | $1.6M | $15.9M | 20x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,779.1 | −0.060% | $285K | $1.6M | 10x | as long as short |
| Entropy io:SNDK | +0.0044% | 1h | 1,779.8 | −0.019% | $4.7M | $19.9M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,781.6 | +0.081% | — | $675K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,781.6 | +0.082% | $246K | $661K | 20x | as long as short |
| Nado SNDK-PERP | +0.0048% | 1h | 1,782 | +0.105% | $354K | $1.4M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,782.4 | +0.129% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,781.7 | +0.087% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,781.6 | +0.083% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,781.9 | +0.099% | $212K | $279K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,781.5 | +0.077% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.8 | −0.018% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,781.1 | +0.054% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,781.4 | +0.068% | $441K | $2.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0259% | 1h | 1,781.6 | +0.082% | $186K | $143K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0314% | 4h | 1,778.1 | −0.113% | $565K | $353K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0360% | 1h | 1,781 | +0.047% | $728K | $527K | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0459% | 1h | 1,782.4 | +0.127% | $114.4M | $149.6M | 10x | as long as short |
| Bullet SNDK-USDshort | +0.0502% | 1h | 1,781.5 | +0.074% | $14K | $290K | 10x | |
| Kraken Futures PF_SNDKUSD | +0.0663% | 1h | 1,781.8 | +0.095% | $130K | $399K | 20x | as long as short |
Phoenix SNDK
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Lighter SNDK
Arcus SNDK-USD
Entropy io:SNDK
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Nado SNDK-PERP
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Polymarket Perps SNDK-USD
edgeX SNDKUSDC
SoDEX SNDK-USD
tradeXYZ xyz:SNDK
Kraken Futures PF_SNDKUSD