Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%
Price spread now: Gate against tradeXYZ−0.034%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.034%, 7d avg +0.054%
=Together, before fees+0.039%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.089% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNDK | 1,768.6 | 0.0050 | pay 0.0006% / 1h | 6m 26s | $117.1M | $153.1M | 10x |
| Short | Gate SNDK_USDT | 1,768 | 0 | get 0.0000% / 8h | 3h 06m | $177.2M | $231.6M | 75x |
tradeXYZ xyz:SNDK
Gate SNDK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: −0.034% → +0.054%
- −$8.85
- Slippage, 4 orders
- −$7.74
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.09
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 13 min ago; Gate: live order book, 3 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, 13 min ago | 0.85 bp | 9.8 bp −$10 | 9.8 bp −$98 | 14.0 bp −$1,401 | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.03 bp | 10.8 bp −$11 | 11.8 bp −$118 | 34.9 bp −$3,495 | 58.4 bp −$29.2K |
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 | 1,765.9 | −0.150% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0048% | 8h | 1,767.4 | −0.068% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0031% | 1h | 1,767.1 | −0.085% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,767.4 | −0.071% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,767 | −0.090% | $429K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0005% | 1h | 1,768.5 | −0.008% | $341K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769 | +0.024% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.7 | +0.004% | $280.5M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.8 | +0.010% | $31.8M | $102.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,767.6 | −0.057% | $81.9M | $828.0M | 75x | as long as short |
BloFin SNDK-USDT
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 | 1,768.5 | −0.007% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDTshort | 0.0000% | 8h | 1,768 | −0.034% | $177.2M | $231.6M | 75x | |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,768.3 | −0.020% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,766.5 | −0.121% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,763.9 | −0.266% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,765.4 | −0.181% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.4 | −0.011% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.5 | −0.064% | $806 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,764.7 | −0.221% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,765.9 | −0.154% | $2.8M | $1.1M | 50x | as long as short |
| edgeX SNDKUSDC | +0.0008% | 4h | 1,764.2 | −0.246% | $560K | $352K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,768.1 | −0.027% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0025% | 1h | 1,764.1 | −0.257% | — | $582K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,768.4 | −0.010% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,767.8 | −0.044% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.9 | −0.039% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.773% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.5 | −0.176% | $263K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.3 | −0.017% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,767.2 | −0.079% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,768.6 | long leg | $117.1M | $153.1M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,768.2 | −0.023% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,766.8 | −0.100% | $722K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,767.3 | −0.074% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0055% | 1h | 1,768.2 | −0.021% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768 | −0.036% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,767.8 | −0.044% | $197K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,763.4 | −0.297% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767 | −0.089% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.8 | +0.009% | $128K | $355K | 20x | as long as short |
RISEx SNDK/USDC
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