Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%
Price spread now: tradeXYZ against OKX+0.034%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.034%, 7d avg −0.044%
=Together, before fees−0.086%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.078% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SNDK-USDT-SWAP | 1,774 | 0 | get 0.0000% / 8h | 3h 39m | $82.8M | $824.1M | 75x |
| Short | tradeXYZ xyz:SNDK | 1,774.6 | 0.0050 | get 0.0006% / 1h | 39m 45s | $117.2M | $151.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- $10.5
- Price spread: +0.034% → −0.044%
- $7.8
- Slippage, 4 orders
- −$1.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$10.83
- Costs to cover
- 0.291%
- Break-even
- 14.2 days
Slippage from OKX: live order book, 4 min ago; tradeXYZ: live order book, 10 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 OKX live order book, 4 min ago | 0.28 bp | 5.3 bp −$5 | 5.9 bp −$59 | 10.4 bp −$1,042 | 58.7 bp −$29.4K |
| Sell tradeXYZ live order book, 10 min ago | 0.28 bp | 9.3 bp −$9 | 9.9 bp −$99 | 13.6 bp −$1,364 | 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 | 1,777 | +0.171% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0107% | 1h | 1,776.8 | +0.158% | $4.8M | $19.8M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0071% | 1h | 1,775.6 | +0.091% | $51K | $346K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0044% | 8h | 1,775.6 | +0.088% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0043% | 1h | 1,778.4 | +0.248% | $346K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,776.4 | +0.135% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,780.2 | +0.350% | $433K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,776 | +0.111% | $21.7M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,774.1 | +0.007% | $282.6M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,774.7 | +0.039% | $32.3M | $101.6M | 100x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAPlong | 0.0000% | 8h | 1,774 | long leg | $82.8M | $824.1M | 75x | |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,777.6 | +0.205% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,774.3 | +0.015% | $178.5M | $229.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,774.6 | +0.033% | $43.6M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.2 | +0.179% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.4 | +0.360% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.462% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.5 | +0.085% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.1 | +0.004% | $685 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,775 | +0.056% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775.3 | +0.070% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,780.5 | +0.369% | $662 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,775.2 | +0.069% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,774.7 | +0.042% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,774.8 | +0.045% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.463% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.7 | +0.266% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.4 | +0.077% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,776.2 | +0.124% | $245K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.5 | +0.197% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,774.6 | +0.034% | $117.2M | $151.0M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,776.1 | +0.118% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,775.3 | +0.074% | $726K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,776.6 | +0.147% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,775.4 | +0.080% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776.9 | +0.163% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.5 | +0.368% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.6 | +0.036% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,776 | +0.115% | $129K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0553% | 4h | 1,779.1 | +0.289% | $565K | $351K | 10x | as long as short |
OKX SNDK-USDT-SWAP
tradeXYZ xyz:SNDK
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
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
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC