Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against tradeXYZ+1.190%74s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 1.190% dearer against tradeXYZ than usual: you sell high and buy low (spread +1.190% now, against zero (this spread has no 7-day history yet)): +$119 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8 months. At the pace of the last 7 days (−0.123% in total) that is about 2 months. The two prices were read 74 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 | 1,778.8 | 0.0050 | pay 0.0006% / 1h | 36m 15s | $113.4M | $151.7M | 10x |
| Short | Injective SNDK/USDC PERP | 1,800 | 0.0033 | get 0.0004% / 1h | 36m 15s | $36 | $15K | 12x |
tradeXYZ xyz:SNDK
Injective SNDK/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$3.5
- Price spread: +1.190% → 0.000%
- $118.96
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $97.44
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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, 4 min ago | 0.28 bp | 9.4 bp −$9 | 10.4 bp −$104 | 15.4 bp −$1,543 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,779.5 | +0.038% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0068% | 1h | 1,778.4 | −0.022% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,778.8 | −0.002% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,779.6 | +0.045% | $22.0M | $46.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,779.1 | +0.017% | $284.5M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,779.5 | +0.038% | $31.8M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,779.2 | +0.022% | $87.3M | $845.6M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,779 | +0.012% | $184.1M | $239.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,779.1 | +0.016% | $49.6M | $170.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,779.3 | +0.027% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,779 | +0.011% | $12K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,778.6 | −0.011% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,779 | +0.011% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,778.1 | −0.040% | $777 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,779.4 | +0.034% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,779.2 | +0.020% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,779.4 | +0.032% | $707 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,780.3 | +0.085% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,779.2 | +0.020% | $1.3M | $9.9M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,778.5 | −0.016% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERPshort | +0.0033% | 1h | 1,800 | +1.190% | $36 | $15K | 12x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.8 | −0.002% | $285K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.6 | −0.011% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,779.1 | +0.017% | $246K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,778.8 | long leg | $113.4M | $151.7M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,779 | +0.011% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.9 | +0.006% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,778.9 | +0.006% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,779.1 | +0.017% | $1.4M | $4.9M | 5x | as long as short |
| edgeX SNDKUSDC | +0.0062% | 4h | 1,778.7 | −0.007% | $565K | $354K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778.8 | +0.001% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,778.6 | −0.011% | $442K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,779.2 | +0.022% | $212K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,778.3 | −0.027% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.1 | +0.016% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,778.1 | −0.037% | $8K | $2K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0121% | 1h | 1,779.6 | +0.044% | $50K | $287K | 10x | as long as short |
| Lighter SNDK | +0.0160% | 1h | 1,780 | +0.066% | $1.6M | $16.2M | 20x | as long as short |
| Nado SNDK-PERP | +0.0182% | 1h | 1,778.9 | +0.006% | $387K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,779.9 | +0.063% | $129K | $406K | 20x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
edgeX SNDKUSDC
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Deribit SNDK_USDC-PERPETUAL
Lighter SNDK
Nado SNDK-PERP
Kraken Futures PF_SNDKUSD