Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.004%
Price spread now: Bitget against Coinbase International+0.020%7-day average −0.021% · 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−$24as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.020%, 7d avg −0.021%
=The price spread pays, funding is against you. Bitget is 0.041% dearer against Coinbase International than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.021%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours. Mind the row above: over the last 7 days funding on this pair paid +0.077%, 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 | 1,778.6 | 0.0096 | pay 0.0012% / 1h | 41m 37s | $442K | $2.4M | 10x |
| Short | Bitget SNDKUSDT | 1,779 | 0 | get 0.0000% / 8h | 41m 37s | $49.6M | $170.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$20.16
- Price spread: +0.020% → −0.021%
- $4.12
- Slippage, 4 orders
- −$6.06
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.1
- Costs to cover
- 0.281%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Bitget: 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 Coinbase International live order book, 2 min ago | 0.03 bp | 8.1 bp −$8 | 13.3 bp −$133 | 34.7 bp −$3,471 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.37 bp | 7.3 bp −$7 | 12.4 bp −$124 | 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 | 1,779 | +0.022% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0055% | 1h | 1,778.1 | −0.028% | $4.6M | $20.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,778.4 | −0.009% | $2.2M | $21.8M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,779.5 | +0.050% | $22.0M | $46.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,778.8 | +0.011% | $284.5M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,779 | +0.025% | $31.9M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,778.9 | +0.017% | $87.3M | $845.4M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,778.8 | +0.011% | $184.2M | $239.3M | 75x | as long as short |
| Bitget SNDKUSDTshort | 0.0000% | 8h | 1,779 | +0.020% | $49.6M | $170.8M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,779.1 | +0.028% | $2.6M | $4.7M | — | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,778.9 | +0.016% | $12K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,778.9 | +0.017% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,779 | +0.020% | $14K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,778.2 | −0.025% | $773 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,779.5 | +0.049% | $50K | $279K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,778.9 | +0.016% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,778.6 | +0.002% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,778.5 | −0.006% | $815 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,779.9 | +0.073% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,778.9 | +0.018% | $1.3M | $9.9M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,778.6 | 0.000% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.201% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.3 | −0.016% | $285K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.5 | −0.004% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,778.9 | +0.017% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,778.6 | 0.000% | $113.3M | $151.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,779 | +0.022% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,778.7 | +0.005% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,778.7 | +0.003% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778.7 | +0.006% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,779 | +0.021% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | +0.0096% | 1h | 1,778.6 | long leg | $442K | $2.4M | 10x | |
| Pacifica SNDK | +0.0100% | 1h | 1,778.7 | +0.008% | $212K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,778.3 | −0.017% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,779.2 | +0.033% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,778.7 | +0.006% | $8K | $2K | 20x | as long as short |
| Lighter SNDK | +0.0168% | 1h | 1,779.6 | +0.053% | $1.6M | $16.2M | 20x | as long as short |
| Nado SNDK-PERP | +0.0185% | 1h | 1,778.9 | +0.015% | $387K | $1.4M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,779.5 | +0.052% | $129K | $407K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0576% | 4h | 1,779 | +0.020% | $565K | $356K | 10x | as long as short |
Coinbase International SNDK-PERP-INTX
Bitget SNDKUSDT
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
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
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Lighter SNDK
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC