Funding you earn now, next payment 10:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Bullet against Injective−2.242%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 2.242% cheaper against Injective than usual: you would sell low and buy high (−$224 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SNDK/USDC PERP | 1,800 | 0.0033 | pay 0.0004% / 1h | 56m 41s | $36 | $9K | 12x |
| Short | Bullet SNDK-USD | 1,759.6 | 0 | get 0.0000% / 1h | 56m 41s | $13K | $292K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Injective. 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
- −$7
- Price spread: −2.242% → 0.000%
- −$224.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$239.25
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bullet: live order book, 37 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 37 min ago | 1.43 bp | 7.3 bp −$7 | 21.1 bp −$211 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0122% | 8h | 1,760.8 | −2.178% | $49.7M | $168.3M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,761.4 | −2.141% | $3.9M | $4.6M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,760.3 | −2.206% | $21.4M | $32.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,760.6 | −2.185% | $279.3M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.9 | −2.171% | $32.1M | $105.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.8 | −2.176% | $82.2M | $828.6M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,761.3 | −2.149% | $136K | $1.5M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,760.7 | −2.181% | $181.5M | $216.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.2 | −2.322% | $2.6M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,758.3 | −2.315% | $23K | $2.3M | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,759.4 | −2.253% | $274K | $189K | 15x | as long as short |
| Bullet SNDK-USDshort | 0.0000% | 1h | 1,759.6 | −2.242% | $13K | $292K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,759 | −2.278% | $587 | $3.2M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,759.6 | −2.245% | $51K | $358K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.5 | −2.302% | $1.4M | $9.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,760.5 | −2.194% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | 0.0000% | 1h | 1,760.7 | −2.183% | $1.4M | $9.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0016% | 1h | 1,759.3 | −2.261% | $673 | $38K | 5x | as long as short |
| KuCoin SNDKUSDTM | +0.0026% | 8h | 1,758.9 | −2.282% | $6.0M | $22.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,760.3 | −2.202% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,759.9 | −2.228% | $390K | $2.2M | 10x | as long as short |
| Injective SNDK/USDC PERPlong | +0.0033% | 1h | 1,800 | long leg | $36 | $9K | 12x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.1 | −2.214% | $270K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,759.7 | −2.238% | — | $571K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,760.8 | −2.176% | $243K | $665K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760 | −2.220% | $119.4M | $159.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,759.6 | −2.242% | $4.5M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,758.9 | −2.281% | $186K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.7 | −2.236% | $720K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,760.4 | −2.198% | $1.4M | $5.4M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,760.1 | −2.212% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0071% | 1h | 1,758.5 | −2.304% | $336K | $1.5M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,759.3 | −2.258% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,760.4 | −2.198% | $197K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,757.4 | −2.367% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,758.9 | −2.279% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0120% | 4h | 1,759.5 | −2.246% | $559K | $338K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0136% | 1h | 1,759.4 | −2.252% | $440K | $2.1M | 10x | as long as short |
| Lighter SNDK | +0.0200% | 1h | 1,761.4 | −2.141% | $1.7M | $16.5M | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0553% | 1h | 1,760.1 | −2.212% | $128K | $333K | 20x | as long as short |
Injective SNDK/USDC PERP
Bullet SNDK-USD
Bitget SNDKUSDT
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
KuCoin SNDKUSDTM
Lighter RH SNDK
Extended SNDK_24_5-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Kraken Futures PF_SNDKUSD