Funding you earn now, next payment 11:00 UTC−0.0798%/8h= −87.4% APRpaid last 24h +0.010%
Price spread now: KuCoin against RISEx−0.064%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 4 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.064%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and KuCoin is 0.029% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.011% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SNDK/USDC | 1,773.2 | 0.0898 | pay 0.0112% / 1h | 45m 02s | $146K | $1.5M | 20x |
| Short | KuCoin SNDKUSDTM | 1,772.1 | 0.0100 | get 0.0100% / 8h | 5h 45m | $6.1M | $23.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against RISEx. 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
- −$167.68
- Price spread: −0.064% → −0.036%
- −$2.87
- Slippage, 4 orders
- −$11.26
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$199.8
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from RISEx: 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 RISEx live order book, 2 min ago | 0.93 bp | 3.9 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 0.79 bp | 12.1 bp −$12 | 65.0 bp −$650 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0258% | 1h | 1,770.7 | −0.145% | $168K | $384K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.9 | −0.077% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0111% | 1h | 1,770.7 | −0.142% | $19K | $430K | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,771.5 | −0.098% | $1.4M | $9.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,772.8 | −0.023% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.8 | −0.079% | $282.8M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.8 | −0.082% | $31.9M | $107.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.7 | −0.087% | $82.2M | $842.0M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.9 | −0.076% | $182.7M | $218.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.7 | −0.085% | $48.1M | $172.3M | 75x | as long as short |
Show all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,771.1 | −0.118% | $2.7M | $4.7M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,773.1 | −0.008% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772 | −0.070% | $15K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.2 | −0.117% | $685 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.2 | −0.117% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.077% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0019% | 1h | 1,773.3 | +0.001% | $678 | $38K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,772 | −0.069% | $1.3M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771.2 | −0.117% | $397K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.507% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771.4 | −0.102% | $269K | $1.4M | 10x | as long as short |
| Nado SNDK-PERP | +0.0044% | 1h | 1,772 | −0.071% | $331K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771.8 | −0.081% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.9 | −0.076% | $244K | $699K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.1 | −0.064% | $121.7M | $153.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,772.5 | −0.042% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.4 | −0.104% | $187K | $115K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771.8 | −0.083% | $727K | $525K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,770.9 | −0.132% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,771.5 | −0.097% | — | — | 5x | as long as short |
| edgeX SNDKUSDC | +0.0064% | 4h | 1,773.4 | +0.008% | $563K | $340K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.3 | −0.109% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.8 | −0.083% | $199K | $305K | 10x | as long as short |
| KuCoin SNDKUSDTMshort | +0.0100% | 8h | 1,772.1 | −0.064% | $6.1M | $23.0M | 20x | |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.9 | −0.021% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.9 | −0.078% | $8K | $3K | 20x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0148% | 8h | 1,773.8 | +0.033% | $28K | $2.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,772.5 | −0.041% | $445K | $2.2M | 10x | as long as short |
| Lighter SNDK | +0.0176% | 1h | 1,772.6 | −0.038% | $1.8M | $16.7M | 20x | as long as short |
| RISEx SNDK/USDClong | +0.0898% | 1h | 1,773.2 | long leg | $146K | $1.5M | 20x |
RISEx SNDK/USDC
KuCoin SNDKUSDTM
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
edgeX SNDKUSDC
Pacifica SNDK
ApeX Omni SNDKUSDT
GRVT SNDK_USDT_Perp
Coinbase International SNDK-PERP-INTX
Lighter SNDK