Funding you earn now, next payment 06:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.016%
Price spread now: tradeXYZ against Pacifica−0.073%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.073%, 7d avg +0.009%
=Together, before fees+0.029%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.082% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SNDK | 1,770.4 | 0.0024 | pay 0.0003% / 1h | 48m 03s | $197K | $304K | 10x |
| Short | tradeXYZ xyz:SNDK | 1,769.1 | 0.0050 | get 0.0006% / 1h | 48m 03s | $117.8M | $154.0M | 10x |
Pacifica SNDK
tradeXYZ xyz:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Pacifica. 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
- $5.48
- Price spread: −0.073% → +0.009%
- −$8.22
- Slippage, 4 orders
- −$3.83
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$32.57
- Costs to cover
- 0.298%
- Break-even
- 48.6 days
Slippage from Pacifica: live order book, 65 min ago; tradeXYZ: live order book, 12 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 Pacifica live order book, 65 min ago | 0.28 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.28 bp | 9.3 bp −$9 | 9.3 bp −$93 | 12.1 bp −$1,208 | 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 | 1,770.4 | −0.001% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0043% | 8h | 1,769.9 | −0.028% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0023% | 1h | 1,771 | +0.032% | $338K | $1.5M | 10x | as long as short |
| Bitget SNDKUSDT | −0.0014% | 8h | 1,769.6 | −0.044% | $44.6M | $162.8M | 75x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,770.4 | +0.002% | $1.4M | $11.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.9 | −0.031% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,769.1 | −0.074% | $279.5M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,769.2 | −0.069% | $31.7M | $103.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.9 | −0.085% | $82.5M | $830.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,771.5 | +0.059% | $121K | $1.6M | 20x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
Bitget SNDKUSDT
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 | 1,769.1 | −0.076% | $177.7M | $228.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,772.2 | +0.103% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.5 | +0.119% | $22K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,771.7 | +0.073% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,769.4 | −0.056% | $15K | $285K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,769.8 | −0.035% | $848 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,769.5 | −0.053% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,769.6 | −0.043% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,769.2 | −0.066% | $2.8M | $1.1M | 50x | as long as short |
| Entropy io:SNDK | 0.0000% | 1h | 1,770.2 | −0.011% | $4.8M | $19.8M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,770.7 | +0.014% | $686 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,768.7 | −0.098% | — | $586K | 10x | as long as short |
| Pacifica SNDKlong | +0.0024% | 1h | 1,770.4 | long leg | $197K | $304K | 10x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,769.7 | −0.041% | $1.3M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,769.4 | −0.058% | $422K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.670% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.3 | −0.006% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,770.1 | −0.017% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,770.4 | +0.002% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,769.1 | −0.073% | $117.8M | $154.0M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,769.2 | −0.068% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,773.3 | +0.164% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,773.7 | +0.188% | $435K | $2.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,769.2 | −0.068% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.7 | +0.128% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.7 | −0.098% | $8K | $3K | 20x | as long as short |
| Lighter SNDK | +0.0120% | 1h | 1,770.3 | −0.003% | $1.8M | $15.8M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,770 | −0.021% | $128K | $355K | 20x | as long as short |
| SoDEX SNDK-USD | +0.0350% | 1h | 1,769.7 | −0.042% | $723K | $513K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0742% | 4h | 1,771.1 | +0.039% | $562K | $352K | 10x | as long as short |
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Entropy io:SNDK
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Aevo SNDK-PERP
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Kraken Futures PF_SNDKUSD
SoDEX SNDK-USD
edgeX SNDKUSDC