Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Binance against Deribit−0.053%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 4 days (all we have)+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.053%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against Deribit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SNDK_USDC-PERPETUAL | 1,751.7 | 0 | get 0.0000% / 1h | 36m 52s | $50K | $360K | 10x |
| Short | Binance SNDKUSDT | 1,750.7 | 0 | get 0.0000% / 8h | 7h 36m | $279.9M | $1.85B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $0
- Price spread: −0.053% → −0.020%
- −$3.36
- Slippage, 4 orders
- −$21.13
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.48
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 62 min ago; Binance: live order book, 7 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 Deribit live order book, 62 min ago | 6.24 bp | 10.3 bp −$10 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.03 bp | 5.2 bp −$5 | 6.8 bp −$68 | 16.0 bp −$1,595 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0845% | 8h | 1,750.4 | −0.072% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0543% | 8h | 1,751.1 | −0.032% | $1.4M | $10.5M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0247% | 8h | 1,750.7 | −0.055% | $49.3M | $166.9M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,751 | −0.039% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0083% | 1h | 1,752.2 | +0.029% | $330K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0040% | 8h | 1,751.2 | −0.026% | $6.0M | $22.5M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,752.2 | +0.031% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,751.5 | −0.011% | $21.4M | $32.6M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,750.7 | −0.053% | $279.9M | $1.85B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,750.7 | −0.057% | $31.6M | $104.1M | 100x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,749.7 | −0.112% | $82.2M | $821.0M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,752 | +0.018% | $136K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,749.8 | −0.106% | $178.5M | $218.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,752.6 | +0.055% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,751.1 | −0.033% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,752.1 | +0.025% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,752.3 | +0.037% | $918 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALlong | 0.0000% | 1h | 1,751.7 | long leg | $50K | $360K | 10x | |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,751 | −0.039% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,748.9 | −0.158% | — | $570K | 10x | as long as short |
| Entropy io:SNDK | +0.0008% | 1h | 1,752.6 | +0.053% | $4.5M | $19.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,753.4 | +0.100% | $728 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,751.5 | −0.007% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,751.2 | −0.028% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,750.9 | −0.045% | $448K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.757% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,751.3 | −0.024% | $256K | $1.4M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,751.6 | −0.004% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,752.4 | +0.042% | $241K | $630K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,751 | −0.038% | $118.6M | $158.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,752.3 | +0.036% | $184K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,751 | −0.041% | $716K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,750.1 | −0.090% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,751.6 | −0.005% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,752.1 | +0.025% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.5 | −0.011% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,751 | −0.040% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,751.3 | −0.021% | $425K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0127% | 4h | 1,751.2 | −0.028% | $556K | $350K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,752.2 | +0.029% | $128K | $344K | 20x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Binance SNDKUSDT
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD