Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Phemex+0.007%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.007%, 7d avg −0.035%
=The price spread pays, funding is against you. KuCoin is 0.042% dearer against Phemex than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.035%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SNDKUSDT | 1,772.6 | 0 | get 0.0000% / 8h | 3h 16m | $2.8M | $1.1M | 50x |
| Short | KuCoin SNDKUSDTM | 1,772.7 | −0.0046 | pay 0.0046% / 8h | 3h 16m | $6.1M | $22.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- −$9.66
- Price spread: +0.007% → −0.035%
- $4.18
- Slippage, 4 orders
- −$62.33
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.81
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; KuCoin: live order book, 2 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 Phemex live order book, 2 min ago | 2.85 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 0.88 bp | 11.6 bp −$12 | 33.8 bp −$338 | 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 | 1,772.8 | +0.013% | $4.0M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTMshort | −0.0046% | 8h | 1,772.7 | +0.007% | $6.1M | $22.1M | 20x | |
| Entropy io:SNDK | −0.0039% | 1h | 1,772.3 | −0.017% | $4.7M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,773.9 | +0.076% | $1.4M | $11.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0016% | 1h | 1,774.5 | +0.108% | $338K | $1.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.1 | +0.083% | $434K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773.9 | +0.076% | $21.7M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,773.8 | +0.069% | $281.2M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,774.1 | +0.082% | $31.9M | $102.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,773.4 | +0.045% | $82.2M | $827.5M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,774 | +0.081% | $122K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,774 | +0.078% | $177.2M | $231.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,773.7 | +0.061% | $44.4M | $162.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773.3 | +0.041% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.9 | +0.018% | $14K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.4 | −0.124% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,771.9 | −0.037% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.5 | −0.064% | $974 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.7 | −0.052% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDTlong | 0.0000% | 8h | 1,772.6 | long leg | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0009% | 1h | 1,772.6 | −0.003% | $660 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,775 | +0.135% | $1.7M | $15.9M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,774.3 | +0.095% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,773.7 | +0.064% | $428K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.543% | $36 | $9K | 12x | as long as short |
| Vest SNDK-USD-PERP | +0.0040% | 1h | 1,770.3 | −0.130% | — | $582K | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771.1 | −0.085% | $264K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,774.2 | +0.090% | $244K | $652K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,774 | +0.078% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.1 | +0.085% | $117.4M | $152.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,773.2 | +0.034% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,770.9 | −0.094% | $724K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,772.1 | −0.028% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,772.1 | −0.029% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774.1 | +0.082% | $197K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,771.6 | −0.057% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.4 | −0.069% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,772.6 | −0.002% | $128K | $353K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0145% | 1h | 1,772 | −0.036% | $51K | $346K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0582% | 4h | 1,772.9 | +0.016% | $563K | $352K | 10x | as long as short |
Phemex SNDKUSDT
KuCoin SNDKUSDTM
BloFin SNDK-USDT
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
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
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
Deribit SNDK_USDC-PERPETUAL
edgeX SNDKUSDC