Funding you earn now, next payment 02:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.015%
Price spread now: Entropy against Gate+0.045%49s7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.045%, 7d avg −0.073%
=The price spread pays, funding is against you. Entropy is 0.118% dearer against Gate than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.073%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SNDK_USDT | 1,784 | 0 | get 0.0000% / 8h | 6h 37m | $180.3M | $231.4M | 75x |
| Short | Entropy io:SNDK | 1,784.8 | −0.0102 | pay 0.0013% / 1h | 37m 55s | $4.9M | $20.3M | 10x |
Gate SNDK_USDT
Entropy io:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Gate. 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
- −$21.48
- Price spread: +0.045% → −0.073%
- $11.81
- Slippage, 4 orders
- −$9.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$52.18
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Entropy: 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 Gate live order book, 1 min ago | 0.59 bp | 12.0 bp −$12 | 23.3 bp −$233 | 41.0 bp −$4,102 | 63.8 bp −$31.9K |
| Sell Entropy live order book, 7 min ago | 0.28 bp | 10.5 bp −$10 | doesn't fit | 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 | 1,788 | +0.225% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDKshort | −0.0102% | 1h | 1,784.8 | +0.045% | $4.9M | $20.3M | 10x | |
| Deribit SNDK_USDC-PERPETUAL | −0.0086% | 1h | 1,783.6 | −0.021% | $51K | $328K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.157% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,782.5 | −0.085% | $1.8M | $17.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,784.9 | +0.050% | $21.7M | $39.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.5 | +0.025% | $286.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,784.9 | +0.050% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.8 | +0.045% | $85.7M | $830.6M | 75x | as long as short |
| Gate SNDK_USDTlong | 0.0000% | 8h | 1,784 | long leg | $180.3M | $231.4M | 75x |
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
QFEX SNDK-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784.3 | +0.017% | $44.0M | $167.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.9 | +0.164% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,787.3 | +0.186% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,783 | −0.055% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,782.2 | −0.101% | $994 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,782.9 | −0.063% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,783.7 | −0.018% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,783.7 | −0.017% | $360K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,786.6 | +0.146% | $671 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0006% | 1h | 1,783.7 | −0.017% | $114.2M | $146.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,784.7 | +0.040% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,784.3 | +0.016% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,784.9 | +0.051% | $469K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.895% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.5 | +0.028% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,782.8 | −0.069% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,783 | −0.056% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,782.2 | −0.101% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,782.6 | −0.078% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,783.6 | −0.025% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,782.4 | −0.090% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,782.9 | −0.061% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | −0.032% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,782.3 | −0.097% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.9 | +0.049% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,787.9 | +0.219% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,782.7 | −0.075% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,783.6 | −0.020% | $130K | $364K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,783.8 | −0.011% | $171K | $1.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0279% | 4h | 1,787.4 | +0.188% | $568K | $351K | 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
Nado SNDK-PERP
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC
edgeX SNDKUSDC