Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Bitget−0.046%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.046%, 7d avg +0.016%
=Funding pays, the price is against you. Binance is 0.063% cheaper against Bitget than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.016%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNDKUSDT | 1,760.7 | −0.0282 | get 0.0282% / 8h | 1h 45m | $47.3M | $165.5M | 75x |
| Short | Binance SNDKUSDT | 1,759.9 | 0 | get 0.0000% / 8h | 1h 45m | $279.5M | $1.86B | 75x |
Bitget SNDKUSDT
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $59.22
- Price spread: −0.046% → +0.016%
- −$6.26
- Slippage, 4 orders
- −$3.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $27.51
- Costs to cover
- 0.254%
- Break-even
- 3.7 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 14 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 Bitget live order book, 4 min ago | 0.11 bp | 7.4 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.03 bp | 5.1 bp −$5 | 6.3 bp −$63 | 13.4 bp −$1,340 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDTlong | −0.0282% | 8h | 1,760.7 | long leg | $47.3M | $165.5M | 75x | |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,759.9 | −0.044% | $4.0M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0012% | 8h | 1,760.4 | −0.018% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,760.4 | −0.016% | $1.4M | $10.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,760.7 | −0.002% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,759.9 | −0.046% | $279.5M | $1.86B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.1 | −0.034% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,759.8 | −0.052% | $82.3M | $834.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,760.8 | +0.002% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,759.7 | −0.056% | $176.3M | $230.4M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,758.8 | −0.106% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.2 | −0.085% | $14K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,760 | −0.040% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,761 | +0.016% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,760.3 | −0.022% | $1K | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,760.9 | +0.013% | $51K | $351K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,760.5 | −0.011% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,759.9 | −0.046% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,758.1 | −0.150% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,761.4 | +0.038% | $704 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,761.6 | +0.049% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,760.6 | −0.007% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760.3 | −0.024% | $497K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.229% | $36 | $9K | 12x | as long as short |
| Nado SNDK-PERP | +0.0040% | 1h | 1,760.3 | −0.024% | $329K | $1.5M | 10x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,759.6 | −0.062% | $253K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761 | +0.016% | $243K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760 | −0.040% | $118.5M | $158.8M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.1 | −0.035% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,760.2 | −0.029% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,759.7 | −0.057% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,759.4 | −0.075% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759 | −0.097% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,760.6 | −0.009% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,759.9 | −0.048% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,759.4 | −0.073% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.3 | −0.022% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761.5 | +0.045% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,761.1 | +0.023% | $127K | $347K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0925% | 4h | 1,758.9 | −0.104% | $559K | $353K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Nado SNDK-PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC