Funding you earn now, next payment 09:00 UTC−0.0239%/8h= −26.2% APRpaid last 24h −0.021%
Price spread now: Bitget against QFEX+0.075%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.075%, 7d avg +0.042%
=The price spread pays, funding is against you. Bitget is 0.033% dearer against QFEX than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.042%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 4 days (−0.002% in total) that is about 60 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.002% in total (about -0.2% 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 | QFEX SNDK-USD | 1,754.4 | −0.0002 | get 0.0000% / 1h | 48m 04s | $1.4M | $9.7M | 10x |
| Short | Bitget SNDKUSDT | 1,755.7 | −0.0241 | pay 0.0241% / 8h | 7h 48m | $49.4M | $166.3M | 75x |
QFEX SNDK-USD
Bitget SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$50.16
- Price spread: +0.075% → +0.042%
- $3.28
- Slippage, 4 orders
- −$8.55
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$77.43
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 1 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 QFEX live order book, 6 min ago | 1.31 bp | 6.3 bp −$6 | 6.3 bp −$63 | 9.9 bp −$990 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.23 bp | 8.2 bp −$8 | 12.8 bp −$128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0511% | 8h | 1,757.8 | +0.195% | $21K | $2.1M | 10x | as long as short |
| HTX SNDK-USDT | −0.0427% | 8h | 1,754.3 | −0.002% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDTshort | −0.0241% | 8h | 1,755.7 | +0.075% | $49.4M | $166.3M | 75x | |
| Entropy io:SNDK | −0.0149% | 1h | 1,755.5 | +0.066% | $4.6M | $19.4M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,756.8 | +0.140% | $4.0M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0082% | 1h | 1,755.4 | +0.062% | $333K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0018% | 8h | 1,755.8 | +0.080% | $6.0M | $22.6M | 20x | as long as short |
| QFEX SNDK-USDlong | −0.0002% | 1h | 1,754.4 | long leg | $1.4M | $9.7M | 10x | |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.9 | +0.089% | $21.4M | $32.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.6 | +0.071% | $280.6M | $1.85B | 75x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Entropy io:SNDK
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SNDKUSDT | 0.0000% | 8h | 1,756.1 | +0.099% | $31.6M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,756 | +0.094% | $82.5M | $824.5M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,756 | +0.093% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,755.5 | +0.067% | $178.4M | $216.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.7 | +0.251% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,753.5 | −0.048% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,754.9 | +0.032% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,755.2 | +0.047% | $778 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,754.8 | +0.023% | $50K | $359K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,754.9 | +0.031% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0011% | 1h | 1,752.7 | −0.093% | — | $570K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,756.9 | +0.148% | $671 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,755.5 | +0.063% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,755.1 | +0.042% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,755.8 | +0.083% | $452K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.600% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,753.6 | −0.040% | $255K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0046% | 8h | 1,754.3 | −0.004% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,755.5 | +0.066% | $241K | $628K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.1 | +0.043% | $119.5M | $157.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,755.2 | +0.048% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,754.9 | +0.032% | $718K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,756.3 | +0.111% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.5 | +0.006% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,754.8 | +0.025% | $197K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,758.9 | +0.259% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,754.7 | +0.018% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,752.7 | −0.093% | $425K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,755 | +0.039% | $128K | $348K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0620% | 4h | 1,755.5 | +0.067% | $558K | $350K | 10x | as long as short |
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
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC