Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.074%
Price spread now: BloFin against ApeX Omni+0.269%703s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$380.378% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−0.354%−$35 · spread now +0.269%, 7d avg −0.020%
=The price spread pays, funding is against you. BloFin is 0.289% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.020%): +$29 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.059% in total) that is about 34 days. The two prices were read 703 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SNDKUSDT | 1,783.2 | 0.0100 | pay 0.0013% / 1h | 37m 11s | $69K | $269K | 50x |
| Short | BloFin SNDK-USDT | 1,788 | −0.0120 | pay 0.0120% / 8h | 6h 37m | $4.1M | $4.5M | 75x |
ApeX Omni SNDKUSDT
BloFin SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- −$46.2
- Price spread: +0.269% → −0.020%
- $28.93
- Slippage, 4 orders
- −$15.83
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$55.1
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 30 min ago; BloFin: live order book, 11 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 ApeX Omni live order book, 30 min ago | 7.70 bp | 12.7 bp −$13 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 0.03 bp | 6.3 bp −$6 | 7.1 bp −$71 | 12.7 bp −$1,269 | 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 | 1,788 | +0.269% | $4.1M | $4.5M | 75x | |
| Entropy io:SNDK | −0.0091% | 1h | 1,784.9 | +0.095% | $4.9M | $20.3M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0064% | 1h | 1,783.6 | +0.023% | $51K | $328K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.201% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,784.4 | +0.064% | $1.8M | $17.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,785 | +0.103% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,784.8 | +0.091% | $21.7M | $39.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,783.2 | −0.003% | $286.0M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,783.2 | −0.001% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,782.5 | −0.040% | $85.5M | $829.4M | 75x | as long as short |
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 | 1,782.6 | −0.034% | $180.3M | $231.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,783.5 | +0.017% | $43.9M | $167.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.9 | +0.208% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,783.2 | −0.003% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,784.4 | +0.069% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,783.7 | +0.026% | $772 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,783.7 | +0.026% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,782.4 | −0.045% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,786 | +0.157% | $670 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0006% | 1h | 1,784.4 | +0.067% | $114.2M | $146.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,783.9 | +0.038% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,783.9 | +0.038% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,783.8 | +0.036% | $469K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.939% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.1 | +0.049% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784 | +0.045% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | +0.078% | $246K | $645K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0049% | 4h | 1,783.4 | +0.013% | $566K | $352K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,784.2 | +0.053% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784.1 | +0.050% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,782.8 | −0.025% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.6 | +0.078% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,783.8 | +0.034% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | +0.012% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,784.5 | +0.073% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.4 | +0.067% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDTlong | +0.0100% | 1h | 1,783.2 | long leg | $69K | $269K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,782.8 | −0.026% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,784.5 | +0.070% | $130K | $364K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785.1 | +0.105% | $171K | $1.8M | 20x | as long as short |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
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
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC