Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h −0.020%
Price spread now: Coinbase International against ApeX Omni+0.060%75s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$440.441% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.060%, 7d avg −0.011%
=The price spread pays, funding is against you. Coinbase International is 0.071% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.011%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days. The two prices were read 75 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 | ApeX Omni SNDKUSDT | 1,772.7 | 0.0100 | pay 0.0013% / 1h | 45m 55s | $68K | $271K | 50x |
| Short | Coinbase International SNDK-PERP-INTX | 1,773.7 | 0.0072 | get 0.0009% / 1h | 45m 55s | $435K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$5.88
- Price spread: +0.060% → −0.011%
- $7.13
- Slippage, 4 orders
- −$24.14
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$42.89
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 66 min ago; Coinbase International: 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 ApeX Omni live order book, 66 min ago | 7.74 bp | 12.7 bp −$13 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.45 bp | 8.8 bp −$9 | 12.5 bp −$125 | 32.3 bp −$3,228 | 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 | 1,768.8 | −0.220% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0043% | 8h | 1,769.2 | −0.195% | $6.1M | $22.1M | 20x | as long as short |
| Bitget SNDKUSDT | −0.0019% | 8h | 1,769.5 | −0.181% | $44.6M | $162.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0019% | 1h | 1,770 | −0.150% | $336K | $1.5M | 10x | as long as short |
| Entropy io:SNDK | −0.0004% | 1h | 1,769.6 | −0.173% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,769.5 | −0.177% | $1.4M | $11.2M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.9 | −0.158% | $21.6M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,769.2 | −0.193% | $279.9M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,770.1 | −0.144% | $31.7M | $103.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,769.6 | −0.173% | $82.7M | $830.2M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,770.7 | −0.111% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,769 | −0.208% | $177.5M | $228.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,768.7 | −0.221% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.5 | −0.008% | $22K | $1.7M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.1 | −0.144% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.8 | −0.218% | $14K | $285K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,768.8 | −0.216% | $677 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,768.5 | −0.235% | $51K | $347K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,768.3 | −0.249% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.7 | −0.222% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,770.1 | −0.147% | $686 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,767 | −0.322% | — | $586K | 10x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,769.8 | −0.161% | $197K | $304K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,768.5 | −0.235% | $1.3M | $9.3M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,768.7 | −0.222% | $423K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.540% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,768.9 | −0.212% | $263K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.8 | −0.218% | $243K | $653K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,769.3 | −0.188% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,769 | −0.206% | $117.8M | $154.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.8 | −0.274% | $185K | $132K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768.4 | −0.240% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0072% | 1h | 1,773.7 | +0.060% | $435K | $2.4M | 10x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768.5 | −0.236% | $1K | — | 10x | as long as short |
| ApeX Omni SNDKUSDTlong | +0.0100% | 1h | 1,772.7 | long leg | $68K | $271K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,768.1 | −0.259% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,769.4 | −0.183% | $128K | $355K | 20x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,769.5 | −0.177% | $1.7M | $15.8M | 20x | as long as short |
| SoDEX SNDK-USD | +0.0147% | 1h | 1,768.9 | −0.213% | $723K | $513K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0156% | 4h | 1,771.9 | −0.044% | $563K | $353K | 10x | as long as short |
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Bitget SNDKUSDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Kraken Futures PF_SNDKUSD
Lighter SNDK
SoDEX SNDK-USD
edgeX SNDKUSDC