Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against BloFin+0.018%71s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$240.241% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.018%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 71 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 | BloFin SNDK-USDT | 1,756.6 | −0.0120 | get 0.0120% / 8h | 6h 54m | $3.9M | $4.6M | 75x |
| Short | Binance SNDKUSDT | 1,756.9 | 0 | get 0.0000% / 8h | 6h 54m | $278.7M | $1.86B | 75x |
BloFin SNDK-USDT
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $25.2
- Price spread: +0.018% → −0.023%
- $4.15
- Slippage, 4 orders
- −$2.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.22
- Costs to cover
- 0.241%
- Break-even
- 5.6 days
Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 5 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 BloFin live order book, 9 min ago | 0.54 bp | 6.5 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.03 bp | 5.4 bp −$5 | 7.4 bp −$74 | 18.7 bp −$1,874 | 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-USDTlong | −0.0120% | 8h | 1,756.6 | long leg | $3.9M | $4.6M | 75x | |
| Bitget SNDKUSDT | −0.0117% | 8h | 1,757.3 | +0.041% | $49.5M | $168.4M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,757.3 | +0.041% | $21.4M | $32.5M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,756.9 | +0.018% | $278.7M | $1.86B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,757.4 | +0.050% | $32.0M | $105.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,757.3 | +0.042% | $81.9M | $827.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,757.8 | +0.069% | $136K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,757.3 | +0.042% | $181.0M | $216.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,759.7 | +0.177% | $2.6M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.8 | +0.184% | $18K | $2.3M | 10x | as long as short |
Bitget SNDKUSDT
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | +0.162% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,757.2 | +0.036% | $13K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,757.4 | +0.045% | $868 | $3.2M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,756.7 | +0.010% | $51K | $358K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,756.7 | +0.006% | $1.4M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,757.5 | +0.054% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,756.2 | −0.019% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,758.2 | +0.092% | $672 | $39K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0030% | 8h | 1,756.1 | −0.028% | $6.0M | $22.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,757.6 | +0.060% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,757 | +0.024% | $390K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.471% | $36 | $9K | 12x | as long as short |
| Nado SNDK-PERP | +0.0036% | 1h | 1,757.2 | +0.038% | $335K | $1.5M | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,755.7 | −0.047% | $269K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,756.9 | +0.019% | — | $572K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,756.7 | +0.008% | $242K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,757 | +0.025% | $119.3M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,757.2 | +0.036% | $4.5M | $19.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,756.3 | −0.015% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,756.9 | +0.020% | $718K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,756 | −0.032% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,756.4 | −0.010% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,758.8 | +0.130% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,756.1 | −0.026% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.2 | +0.210% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,756.7 | +0.010% | $8K | $3K | 20x | as long as short |
| Lighter SNDK | +0.0120% | 1h | 1,758.3 | +0.101% | $1.7M | $16.6M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,757.1 | +0.033% | $440K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0203% | 4h | 1,758.9 | +0.132% | $559K | $338K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0554% | 1h | 1,756.9 | +0.022% | $128K | $333K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Aftermath Perps SNDKUSD
KuCoin SNDKUSDTM
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD