Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.043%
Price spread now: Bybit against BloFin+0.032%82s7-day average +0.011% · 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—prices read too far apart to compare
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.032%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.022% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 82 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 | 1,772.2 | −0.0120 | get 0.0120% / 8h | 3h 13m | $4.0M | $4.4M | 75x |
| Short | Bybit SNDKUSDT | 1,772.8 | 0 | get 0.0000% / 8h | 3h 13m | $31.9M | $102.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.032% → +0.011%
- $2.15
- Slippage, 4 orders
- −$4.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$0.13
- Costs to cover
- 0.275%
- Break-even
- 7.0 days
Slippage from BloFin: live order book, 10 min ago; Bybit: 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, 10 min ago | 0.11 bp | 6.3 bp −$6 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.48 bp | 7.3 bp −$7 | 9.2 bp −$92 | 21.2 bp −$2,116 | 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 | 1,772.2 | long leg | $4.0M | $4.4M | 75x | |
| KuCoin SNDKUSDTM | −0.0045% | 8h | 1,771.8 | −0.023% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0031% | 1h | 1,771.7 | −0.030% | $4.8M | $19.9M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,771.6 | −0.038% | $1.4M | $11.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0013% | 1h | 1,772 | −0.014% | $342K | $1.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.1 | +0.103% | $434K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773.2 | +0.053% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.5 | +0.014% | $280.9M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDTshort | 0.0000% | 8h | 1,772.8 | +0.032% | $31.9M | $102.1M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772.6 | +0.020% | $82.2M | $827.2M | 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 | 1,772.6 | +0.022% | $122K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.4 | +0.008% | $177.3M | $231.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,772.3 | +0.002% | $44.3M | $162.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773.5 | +0.072% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,773 | +0.045% | $17K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,773.2 | +0.054% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.2 | −0.001% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.8 | −0.025% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,771.9 | −0.021% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.5 | −0.040% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.020% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,772.8 | +0.034% | $705 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,772.9 | +0.037% | $1.7M | $15.9M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,772.3 | +0.003% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,772.4 | +0.010% | $428K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.564% | $36 | $9K | 12x | as long as short |
| Vest SNDK-USD-PERP | +0.0038% | 1h | 1,769.4 | −0.159% | — | $582K | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771.6 | −0.039% | $264K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.5 | +0.015% | $244K | $653K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,771.4 | −0.047% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.1 | −0.008% | $117.3M | $152.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,772.2 | −0.002% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,772 | −0.016% | $724K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.5 | −0.042% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.8 | −0.026% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.6 | −0.038% | $197K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.9 | +0.037% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.7 | −0.029% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,772.4 | +0.007% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0449% | 4h | 1,771.1 | −0.063% | $562K | $353K | 10x | as long as short |
BloFin SNDK-USDT
Bybit SNDKUSDT
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
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
Lighter 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
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC