Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against Coinbase International+0.031%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.031%, 7d avg +0.009%
=The price spread pays, funding is against you. ApeX Omni is 0.022% dearer against Coinbase International than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.009%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SNDK-PERP-INTX | 1,790.8 | 0.0128 | pay 0.0016% / 1h | 45m 22s | $444K | $2.3M | 10x |
| Short | ApeX Omni SNDKUSDT | 1,791.4 | 0.0100 | get 0.0013% / 1h | 45m 22s | $69K | $269K | 50x |
Coinbase International SNDK-PERP-INTX
ApeX Omni SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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: +0.031% → +0.009%
- $2.22
- Slippage, 4 orders
- −$22.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$46.02
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; ApeX Omni: live order book, 27 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 Coinbase International live order book, 3 min ago | 2.04 bp | 8.6 bp −$9 | 13.2 bp −$132 | 36.2 bp −$3,623 | doesn't fit |
| Sell ApeX Omni live order book, 27 min ago | 7.91 bp | 13.0 bp −$13 | 46.8 bp −$468 | 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-USDT | −0.0120% | 8h | 1,791 | +0.009% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,787.2 | −0.201% | $21.8M | $45.7M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,788.2 | −0.148% | $285.3M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,788.9 | −0.109% | $32.2M | $100.8M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,788.7 | −0.119% | $86.0M | $839.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,788.2 | −0.145% | $183.2M | $233.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.3 | −0.142% | $48.0M | $169.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,790.6 | −0.012% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,786.6 | −0.236% | $9K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,789.6 | −0.069% | $279K | $195K | 15x | as long as short |
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | 0.0000% | 1h | 1,788.2 | −0.147% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,787.1 | −0.209% | $926 | $3.8M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,789 | −0.104% | $50K | $311K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.2 | −0.034% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790 | −0.047% | $2.8M | $1.0M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,787.9 | −0.163% | $2.1M | $20.6M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,788.6 | −0.124% | $171K | $1.8M | 20x | as long as short |
| Aftermath Perps SNDKUSD | +0.0010% | 1h | 1,786.4 | −0.249% | $823 | $37K | 5x | as long as short |
| Nado SNDK-PERP | +0.0022% | 1h | 1,790.4 | −0.026% | $350K | $1.4M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,789.7 | −0.065% | $1.6M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,789.1 | −0.098% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,789 | −0.103% | $428K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.510% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,787.2 | −0.203% | $299K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,788.7 | −0.117% | — | $647K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,788.1 | −0.152% | $246K | $657K | 20x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,786.1 | −0.264% | $4.8M | $20.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,787.6 | −0.180% | $187K | $135K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,789 | −0.102% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.1 | −0.041% | $1.4M | $4.9M | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0052% | 1h | 1,788.4 | −0.136% | $115.1M | $150.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,787.9 | −0.162% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,788.3 | −0.141% | $199K | $293K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,787.7 | −0.177% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDTshort | +0.0100% | 1h | 1,791.4 | +0.031% | $69K | $269K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,787.5 | −0.187% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | +0.0128% | 1h | 1,790.8 | long leg | $444K | $2.3M | 10x | |
| edgeX SNDKUSDC | +0.0221% | 4h | 1,785.4 | −0.300% | $567K | $355K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0660% | 1h | 1,788.7 | −0.119% | $130K | $379K | 20x | as long as short |
| SoDEX SNDK-USD | +0.0746% | 1h | 1,788.4 | −0.137% | $731K | $515K | 10x | as long as short |
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Nado SNDK-PERP
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Entropy io:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
tradeXYZ xyz:SNDK
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD
SoDEX SNDK-USD