Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.024%
Price spread now: Deribit against Extended−0.031%7-day average −0.006% · 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−$43as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.031%, 7d avg −0.006%
=Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SNDK_24_5-USD | 1,772.4 | 0.0032 | pay 0.0004% / 1h | 13m 55s | $428K | $1.9M | 10x |
| Short | Deribit SNDK_USDC-PERPETUAL | 1,771.9 | 0 | get 0.0000% / 1h | 13m 55s | $51K | $346K | 10x |
Extended SNDK_24_5-USD
Deribit SNDK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$6.72
- Price spread: −0.031% → −0.006%
- −$2.52
- Slippage, 4 orders
- −$28.26
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$49.5
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Deribit: live order book, 40 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 Extended live order book, 5 min ago | 2.57 bp | 5.2 bp −$5 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 40 min ago | 10.73 bp | 14.6 bp −$15 | 17.4 bp −$174 | 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 | 1,772.2 | −0.010% | $4.0M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0045% | 8h | 1,771.8 | −0.032% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0031% | 1h | 1,771.7 | −0.040% | $4.8M | $19.9M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,771.6 | −0.048% | $1.4M | $11.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0013% | 1h | 1,772 | −0.024% | $342K | $1.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.1 | +0.094% | $434K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,773.2 | +0.043% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.5 | +0.004% | $280.9M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,772.8 | +0.023% | $31.9M | $102.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,772.6 | +0.011% | $82.2M | $827.2M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Entropy io:SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow 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 | +0.013% | $122K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.4 | −0.002% | $177.3M | $231.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,772.3 | −0.008% | $44.3M | $162.6M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773.5 | +0.062% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,773 | +0.035% | $17K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,773.2 | +0.045% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.2 | −0.011% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.8 | −0.035% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUALshort | 0.0000% | 1h | 1,771.9 | −0.031% | $51K | $346K | 10x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.5 | −0.050% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.9 | −0.029% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,772.8 | +0.025% | $705 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,772.9 | +0.027% | $1.7M | $15.9M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,772.3 | −0.006% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USDlong | +0.0032% | 1h | 1,772.4 | long leg | $428K | $1.9M | 10x | |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.554% | $36 | $9K | 12x | as long as short |
| Vest SNDK-USD-PERP | +0.0038% | 1h | 1,769.4 | −0.169% | — | $582K | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,771.6 | −0.049% | $264K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.5 | +0.005% | $244K | $653K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,771.4 | −0.056% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.1 | −0.017% | $117.3M | $152.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,772.2 | −0.012% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,772 | −0.025% | $724K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.5 | −0.051% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,771.8 | −0.036% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.6 | −0.048% | $197K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.9 | +0.028% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,771.7 | −0.039% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,772.4 | −0.002% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0449% | 4h | 1,771.1 | −0.072% | $562K | $353K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Injective SNDK/USDC PERP
Vest SNDK-USD-PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC