Funding you earn now, next payment 06:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.004%
Price spread now: tradeXYZ against Bitget+0.016%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 7 days−0.080%−$8 · spread now +0.016%, 7d avg −0.052%
=Together, before fees−0.205%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and tradeXYZ is 0.068% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment. 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 | 1,768.5 | −0.0284 | get 0.0284% / 8h | 2h 07m | $47.2M | $164.9M | 75x |
| Short | tradeXYZ xyz:SNDK | 1,768.8 | 0.0050 | get 0.0006% / 1h | 7m 43s | $119.1M | $157.9M | 10x |
Bitget SNDKUSDT
tradeXYZ xyz:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $70.14
- Price spread: +0.016% → −0.052%
- $6.8
- Slippage, 4 orders
- −$2.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $44.57
- Costs to cover
- 0.324%
- Break-even
- 2.6 days
Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 12 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, 1 min ago | 0.54 bp | 7.1 bp −$7 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.28 bp | 9.3 bp −$9 | 9.3 bp −$93 | 13.8 bp −$1,379 | 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 | −0.0284% | 8h | 1,768.5 | long leg | $47.2M | $164.9M | 75x | |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,767.5 | −0.058% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0029% | 8h | 1,767.8 | −0.041% | $6.1M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,767.7 | −0.046% | $1.4M | $10.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,769.3 | +0.044% | $21.6M | $33.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,769 | +0.029% | $280.8M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.9 | +0.020% | $31.8M | $103.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.9 | +0.021% | $82.3M | $834.8M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,769.3 | +0.041% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.4 | −0.006% | $176.6M | $231.9M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
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 | 1,767.4 | −0.065% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,767.9 | −0.037% | $16K | $1.8M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.4 | −0.063% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,767.9 | −0.035% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.7 | −0.045% | $790 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,768.1 | −0.027% | $51K | $349K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.9 | −0.038% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768 | −0.032% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0009% | 1h | 1,768.1 | −0.022% | $329K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,766.3 | −0.128% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,766.3 | −0.128% | $695 | $37K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,768 | −0.029% | $197K | $303K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,769.2 | +0.036% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.9 | −0.034% | $445K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.778% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.9 | −0.149% | $262K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.3 | −0.012% | $243K | $666K | 20x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,768.8 | +0.016% | $119.1M | $157.9M | 10x | |
| Entropy io:SNDK | +0.0050% | 1h | 1,767.2 | −0.075% | $4.7M | $19.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767 | −0.086% | $185K | $131K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,768 | −0.032% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,769.8 | +0.072% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,770.1 | +0.091% | $437K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,770 | +0.081% | $1.8M | $16.4M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.6 | −0.050% | $1K | — | 10x | as long as short |
| SoDEX SNDK-USD | +0.0083% | 1h | 1,768.1 | −0.021% | $723K | $520K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,768.4 | −0.008% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.6 | −0.050% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,768.5 | 0.000% | $127K | $347K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0984% | 4h | 1,766.9 | −0.089% | $561K | $351K | 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
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
Entropy io:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Aevo SNDK-PERP
SoDEX SNDK-USD
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC