Funding you earn now, next payment 20:00 UTC+0.0252%/8hpaid last 24h −0.009%
Price spread now: Deribit against BloFin+0.047%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 3 days (all we have)+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.047%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Deribit is 0.053% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.007%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.034% in total (about 3.6% 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 | BloFin SNDK-USDT | 1,755.9 | −0.0120 | get 0.0120% / 8h | 4h 18m | $4.3M | $4.3M | 75x |
| Short | Deribit SNDK_USDC-PERPETUAL | 1,756.7 | 0.0132 | get 0.0016% / 1h | 18m 49s | $48K | $188K | 10x |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $52.82
- Price spread: +0.047% → −0.007%
- $5.34
- Slippage, 4 orders
- −$25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $14.17
- Costs to cover
- 0.440%
- Break-even
- 5.1 days
Slippage from BloFin: live order book, 14 min ago; Deribit: live order book, 14 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, 14 min ago | 0.06 bp | 7.9 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 14 min ago | 8.94 bp | 14.4 bp −$14 | 16.3 bp −$163 | doesn't fit | 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 | 1,755.9 | long leg | $4.3M | $4.3M | 75x | |
| Phoenix SNDK | −0.0045% | 1h | 1,751.5 | −0.249% | $274K | $162K | 15x | as long as short |
| QFEX SNDK-USD | −0.0009% | 1h | 1,754.3 | −0.093% | $2.2M | $22.0M | 10x | as long as short |
| Entropy io:SNDK | −0.0002% | 1h | 1,751.1 | −0.272% | $4.5M | $19.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,755.6 | −0.015% | $21.6M | $40.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,755.1 | −0.046% | $285.3M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,754.9 | −0.058% | $32.1M | $100.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,754.3 | −0.090% | $87.6M | $806.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,755.1 | −0.046% | $127K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,755.1 | −0.043% | $189.9M | $238.1M | 75x | as long as short |
Phoenix SNDK
QFEX SNDK-USD
Entropy io:SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,754.5 | −0.080% | $50.8M | $165.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,753 | −0.163% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,748.2 | −0.439% | $16K | $836K | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,754.7 | −0.067% | $14K | $293K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,754.2 | −0.095% | $853 | $4.0M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,755.7 | −0.010% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,755.5 | −0.019% | $2.8M | $816K | 50x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,756.3 | +0.023% | $1.8M | $15.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,755.9 | −0.001% | $1.3M | $10.1M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,754.8 | −0.060% | $395K | $1.7M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0032% | 1h | 1,754.2 | −0.096% | $433K | $2.3M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.510% | $36 | $19K | 12x | as long as short |
| Aftermath Perps SNDKUSD | +0.0040% | 1h | 1,750.4 | −0.310% | $651 | $36K | 5x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,753.7 | −0.124% | $295K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,753.6 | −0.131% | — | $639K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,754.1 | −0.101% | $242K | $636K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,754 | −0.106% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,755.4 | −0.027% | $110.1M | $144.0M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,754 | −0.107% | $195K | $183K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,756.1 | +0.011% | $718K | $502K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,753.1 | −0.158% | $1.4M | $4.3M | 5x | as long as short |
| Nado SNDK-PERP | +0.0060% | 1h | 1,752.6 | −0.189% | $351K | $1.2M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,754.8 | −0.062% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,753 | −0.166% | $194K | $236K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,755 | −0.052% | $6.1M | $21.4M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,752.4 | −0.196% | $67K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,755 | −0.052% | $8K | $1K | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALshort | +0.0132% | 1h | 1,756.7 | +0.047% | $48K | $188K | 10x | |
| Kraken Futures PF_SNDKUSD | +0.0479% | 1h | 1,755.6 | −0.013% | $129K | $388K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0950% | 4h | 1,752.2 | −0.207% | $555K | $345K | 10x | as long as short |
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Coinbase International SNDK-PERP-INTX
Injective SNDK/USDC PERP
Aftermath Perps SNDKUSD
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC