Funding you earn now, next payment 02:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: GRVT against tradeXYZ−0.036%66s7-day average −0.015% · you buy dearer than you sell
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−$320.315% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.036%, 7d avg −0.015%
=Together, before fees−0.029%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 66 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 | 1,783.8 | 0.0005 | pay 0.0001% / 1h | 36m 32s | $114.2M | $146.5M | 10x |
| Short | GRVT SNDK_USDT_Perp | 1,783.2 | 0 | get 0.0000% / 8h | 6h 36m | $15K | $1.1M | 10x |
tradeXYZ xyz:SNDK
GRVT SNDK_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$0.99
- Price spread: −0.036% → −0.015%
- −$2.14
- Slippage, 4 orders
- −$4.53
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$34.66
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 13 min ago; GRVT: 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 tradeXYZ live order book, 13 min ago | 0.28 bp | 9.8 bp −$10 | 10.8 bp −$108 | 13.8 bp −$1,378 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.09 bp | 6.0 bp −$6 | 9.0 bp −$90 | 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 | 1,788 | +0.236% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0085% | 1h | 1,784.1 | +0.017% | $4.9M | $20.3M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0064% | 1h | 1,783.6 | −0.010% | $51K | $328K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.168% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,782.8 | −0.055% | $1.8M | $17.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0002% | 1h | 1,783.5 | −0.017% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,784.2 | +0.024% | $21.7M | $39.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,783.8 | +0.001% | $286.1M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,783.7 | −0.006% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.3 | +0.028% | $85.5M | $830.2M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
QFEX SNDK-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,783.1 | −0.037% | $180.3M | $231.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784 | +0.012% | $43.9M | $167.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.9 | +0.175% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perpshort | 0.0000% | 8h | 1,783.2 | −0.036% | $15K | $1.1M | 10x | |
| Bullet SNDK-USD | 0.0000% | 1h | 1,783.7 | −0.003% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,783.7 | −0.007% | $772 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,783.7 | −0.007% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,782.4 | −0.078% | $2.8M | $1.1M | 50x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0005% | 1h | 1,783.8 | long leg | $114.2M | $146.5M | 10x | |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,785.7 | +0.106% | $670 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,783.6 | −0.010% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,783.1 | −0.041% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,783.8 | +0.001% | $470K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.906% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,783.6 | −0.012% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,783.2 | −0.036% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,783.9 | +0.006% | $245K | $645K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0049% | 4h | 1,783.4 | −0.021% | $566K | $352K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,782.6 | −0.069% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,783.7 | −0.006% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,782.8 | −0.058% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.3 | +0.028% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,783.8 | +0.001% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | −0.021% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,782.6 | −0.067% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.3 | +0.030% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,783.2 | −0.033% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,782.8 | −0.059% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,784.5 | +0.037% | $130K | $364K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,784.1 | +0.015% | $171K | $1.8M | 20x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
edgeX SNDKUSDC
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC