Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Bybit against Ondo Perps−0.024%47s7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.298%+$30 · spread now −0.024%, 7d avg +0.030%
=Together, before fees+0.352%+ Points / potential airdropOndo Perps: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.054% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.030%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SNDK-USD.P | 1,778.3 | 0.0050 | pay 0.0006% / 1h | 24m 52s | $1.4M | $4.9M | 5x |
| Short | Bybit SNDKUSDT | 1,777.9 | 0 | get 0.0000% / 8h | 24m 52s | $31.6M | $105.6M | 100x |
Ondo Perps SNDK-USD.P
Bybit SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- −$10.58
- Price spread: −0.024% → +0.030%
- −$5.39
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.98
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.73 bp | 7.7 bp −$8 | 10.8 bp −$108 | 30.1 bp −$3,010 | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,778.2 | −0.008% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0070% | 1h | 1,777.6 | −0.039% | $4.6M | $20.6M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,778.1 | −0.009% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,778.1 | −0.011% | $22.0M | $46.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,777.9 | −0.020% | $284.0M | $1.89B | 75x | as long as short |
| Bybit SNDKUSDTshort | 0.0000% | 8h | 1,777.9 | −0.024% | $31.6M | $105.6M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,778 | −0.017% | $87.3M | $845.7M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,777.8 | −0.026% | $183.7M | $239.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,778 | −0.020% | $49.6M | $170.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,778.4 | +0.005% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,778.5 | +0.011% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.8 | −0.028% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,778 | −0.017% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,777.1 | −0.069% | $828 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,778 | −0.017% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,778.2 | −0.005% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,778.4 | +0.004% | $771 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,779.3 | +0.054% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,778.3 | −0.003% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,777.4 | −0.053% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.218% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.5 | −0.047% | $286K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,777.8 | −0.030% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,778.3 | 0.000% | $245K | $671K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,777.6 | −0.039% | $113.3M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,778.1 | −0.011% | $205K | $123K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.1 | −0.014% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.9 | −0.020% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.Plong | +0.0050% | 1h | 1,778.3 | long leg | $1.4M | $4.9M | 5x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778 | −0.016% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,778.6 | +0.014% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,777.9 | −0.022% | $212K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.7 | −0.031% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,778.9 | +0.031% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,777.1 | −0.068% | $8K | $2K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0121% | 1h | 1,778.4 | +0.008% | $50K | $299K | 10x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,779 | +0.038% | $1.6M | $16.3M | 20x | as long as short |
| Nado SNDK-PERP | +0.0165% | 1h | 1,777.9 | −0.022% | $358K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,778.7 | +0.023% | $129K | $406K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0778% | 4h | 1,778.5 | +0.010% | $565K | $353K | 10x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Deribit SNDK_USDC-PERPETUAL
Lighter SNDK
Nado SNDK-PERP
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC