Funding you earn now, next payment 09:00 UTC+0.0571%/8h= +62.5% APRpaid last 24h +0.012%
Price spread now: Vest against GRVT−0.301%7-day average +0.710% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.301%, 7d avg +0.710%
=Together, before fees+0.299%+ Points / potential airdropGRVT: Active · Vest: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 1.011% cheaper against GRVT than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of +0.710%). If the spread goes back, that is −$101 on $10k: about 5.9 days of funding at the current rate (+$17 a day). At the pace of the last 4 days (+0.014% in total) that is about 9 months.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.014% in total (about 1.4% 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 | 1,758.3 | −0.0561 | get 0.0561% / 8h | 7h 43m | $21K | $2.2M | 10x |
| Short | Vest SNDK-USD-PERP | 1,753 | 0.0010 | get 0.0001% / 1h | 43m 08s | — | $570K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $119.84
- Price spread: −0.301% → +0.710%
- −$101.1
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $7.74
- Costs to cover
- 0.110%
- Break-even
- 6.5 days
Slippage unknown: GRVT: live order book, 5 min ago; Vest: no order-book sample. Net counts fees only.
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 | 0.86 bp | 5.8 bp −$6 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_Perplong | −0.0561% | 8h | 1,758.3 | long leg | $21K | $2.2M | 10x | |
| HTX SNDK-USDT | −0.0524% | 8h | 1,754.8 | −0.202% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0243% | 8h | 1,755.5 | −0.160% | $49.4M | $166.5M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,755.4 | −0.164% | $4.0M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0083% | 1h | 1,756.3 | −0.112% | $334K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0069% | 1h | 1,755.5 | −0.160% | $4.6M | $19.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0028% | 8h | 1,755.4 | −0.166% | $6.0M | $22.6M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,755.1 | −0.182% | $1.4M | $9.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.9 | −0.135% | $21.4M | $32.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,754.7 | −0.204% | $280.6M | $1.85B | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNDKUSDT | 0.0000% | 8h | 1,755.3 | −0.174% | $31.5M | $103.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,755.3 | −0.171% | $82.5M | $823.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,756.5 | −0.103% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,755.6 | −0.155% | $179.0M | $217.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,755.1 | −0.185% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,757.2 | −0.063% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,755.2 | −0.177% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,755.4 | −0.164% | $820 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,754.8 | −0.201% | $50K | $359K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,755.6 | −0.156% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERPshort | +0.0010% | 1h | 1,753 | −0.301% | — | $570K | 10x | |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,756.2 | −0.118% | $671 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,755.8 | −0.142% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,755.4 | −0.165% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,755.8 | −0.143% | $452K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.369% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,754.2 | −0.237% | $255K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0046% | 8h | 1,755.7 | −0.146% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,755.6 | −0.154% | $242K | $629K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.2 | −0.177% | $119.5M | $157.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,754.6 | −0.211% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,755.2 | −0.176% | $718K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,754.7 | −0.205% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.5 | −0.216% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,755.6 | −0.151% | $197K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,758.6 | +0.018% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,755 | −0.189% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,756.8 | −0.086% | $427K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,755.2 | −0.177% | $128K | $344K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0749% | 4h | 1,756.5 | −0.102% | $558K | $352K | 10x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC