Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: Pacifica against tradeXYZ+0.068%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$330.331% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.068%, 7d avg −0.009%
=Together, before fees−0.019%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.077% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNDK | 1,771.3 | 0.0050 | pay 0.0006% / 1h | 46m 06s | $121.6M | $153.0M | 10x |
| Short | Pacifica SNDK | 1,772.5 | 0.0100 | get 0.0013% / 1h | 46m 06s | $199K | $305K | 10x |
tradeXYZ xyz:SNDK
Pacifica SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.068% → −0.009%
- $7.66
- Slippage, 4 orders
- −$7.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.96
- Costs to cover
- 0.331%
- Break-even
- 17.0 days
Slippage from tradeXYZ: live order book, 7 min ago; Pacifica: live order book, 65 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, 7 min ago | 0.28 bp | 9.3 bp −$9 | 9.9 bp −$99 | 13.8 bp −$1,382 | doesn't fit |
| Sell Pacifica live order book, 65 min ago | 0.86 bp | 6.5 bp −$7 | doesn't fit | 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 | −0.032% | $168K | $385K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,774 | +0.153% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0055% | 1h | 1,770.9 | −0.022% | $19K | $430K | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,772.2 | +0.049% | $1.4M | $9.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773 | +0.093% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.2 | +0.052% | $282.9M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,771.8 | +0.029% | $31.9M | $107.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.6 | +0.017% | $82.3M | $841.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,771.5 | +0.012% | $182.7M | $218.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.5 | +0.010% | $48.1M | $172.3M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,774.4 | +0.173% | $2.7M | $4.7M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,774.5 | +0.181% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772 | +0.038% | $15K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.8 | +0.027% | $859 | $3.1M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.6 | +0.019% | $1.4M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.6 | +0.015% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0019% | 1h | 1,773.7 | +0.136% | $678 | $38K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.7 | +0.023% | $1.3M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771.4 | +0.006% | $395K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.618% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,772 | +0.040% | $269K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,772.3 | +0.056% | — | $574K | 10x | as long as short |
| Nado SNDK-PERP | +0.0048% | 1h | 1,772.1 | +0.044% | $331K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.4 | +0.062% | $244K | $702K | 20x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,771.3 | long leg | $121.6M | $153.0M | 10x | |
| Entropy io:SNDK | +0.0050% | 1h | 1,773.2 | +0.107% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771.4 | +0.006% | $187K | $122K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771.6 | +0.017% | $727K | $525K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,774 | +0.152% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0053% | 8h | 1,772.1 | +0.043% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.6 | +0.014% | $1K | — | 10x | as long as short |
| Pacifica SNDKshort | +0.0100% | 1h | 1,772.5 | +0.068% | $199K | $305K | 10x | |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,772.1 | +0.045% | $6.1M | $23.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,775.3 | +0.224% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,772.2 | +0.051% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,776.1 | +0.270% | $448K | $2.2M | 10x | as long as short |
| GRVT SNDK_USDT_Perp | +0.0157% | 8h | 1,775 | +0.209% | $17K | $2.5M | 10x | as long as short |
| Lighter SNDK | +0.0184% | 1h | 1,772.4 | +0.062% | $1.8M | $16.7M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0752% | 4h | 1,774.4 | +0.177% | $564K | $339K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,773.4 | +0.119% | $146K | $1.5M | 20x | as long as short |
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
Arcus SNDK-USD
Vest SNDK-USD-PERP
Nado SNDK-PERP
Popdex SNDKUSDT
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
GRVT SNDK_USDT_Perp
Lighter SNDK
edgeX SNDKUSDC
RISEx SNDK/USDC