Funding you earn now, next payment 05:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.047%
Price spread now: BloFin against tradeXYZ+0.045%88s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.045%, 7d avg 0.000%
=Together, before fees−0.017%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.045% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of 0.000%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you. The two prices were read 88 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 | tradeXYZ xyz:SNDK | 1,765.7 | 0.0050 | pay 0.0006% / 1h | 3m 47s | $117.2M | $153.3M | 10x |
| Short | BloFin SNDK-USDT | 1,766.5 | −0.0120 | pay 0.0120% / 8h | 3h 03m | $3.9M | $4.4M | 75x |
tradeXYZ xyz:SNDK
BloFin SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- −$35.7
- Price spread: +0.045% → 0.000%
- $4.5
- Slippage, 4 orders
- −$2.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.33
- Costs to cover
- 0.321%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; BloFin: live order book, 5 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 tradeXYZ live order book, 5 min ago | 0.57 bp | 9.6 bp −$10 | 11.0 bp −$110 | 15.9 bp −$1,586 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.14 bp | 6.7 bp −$7 | 7.3 bp −$73 | 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-USDTshort | −0.0120% | 8h | 1,766.5 | +0.045% | $3.9M | $4.4M | 75x | |
| KuCoin SNDKUSDTM | −0.0048% | 8h | 1,765.9 | +0.011% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0028% | 1h | 1,766.4 | +0.040% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,766.9 | +0.069% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,767.2 | +0.086% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0002% | 1h | 1,767.8 | +0.121% | $340K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,766.1 | +0.022% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,765.3 | −0.021% | $279.9M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,765.5 | −0.010% | $31.7M | $102.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,764.3 | −0.079% | $81.8M | $826.8M | 75x | as long as short |
KuCoin SNDKUSDTM
Entropy io:SNDK
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,765.4 | −0.015% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,764.4 | −0.074% | $176.9M | $231.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,766 | +0.018% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.119% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,765.5 | −0.014% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.6 | +0.108% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768 | +0.131% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.4 | +0.095% | $774 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.8 | +0.117% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.4 | +0.154% | $2.8M | $1.1M | 50x | as long as short |
| edgeX SNDKUSDC | +0.0008% | 4h | 1,764.2 | −0.082% | $560K | $352K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,767.8 | +0.117% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0022% | 1h | 1,764.3 | −0.080% | — | $591K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,765.8 | +0.006% | $1.8M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,766.1 | +0.025% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,764.1 | −0.090% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.940% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,766 | +0.018% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,767.5 | +0.102% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,764.2 | −0.087% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,765.7 | long leg | $117.2M | $153.3M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.3 | +0.091% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,767.3 | +0.093% | $722K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,765.9 | +0.011% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0078% | 1h | 1,768.3 | +0.150% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.9 | +0.123% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,765.8 | +0.003% | $196K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,765.9 | +0.012% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.1 | +0.080% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.4 | +0.151% | $128K | $355K | 20x | as long as short |
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
Phemex SNDKUSDT
edgeX SNDKUSDC
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter SNDK
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
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Deribit SNDK_USDC-PERPETUAL
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD