Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against BloFin−0.047%85s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as 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−$280.280% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.047%, 7d avg −0.007%
=Funding pays, the price is against you. Bitget is 0.040% cheaper against BloFin than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.007%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.025% in total) that is about 11 days. The two prices were read 85 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 | BloFin SNDK-USDT | 1,771.4 | −0.0120 | get 0.0120% / 8h | 5h 03m | $3.9M | $4.7M | 75x |
| Short | Bitget SNDKUSDT | 1,770.6 | 0 | get 0.0000% / 8h | 5h 03m | $48.6M | $172.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $25.2
- Price spread: −0.047% → −0.007%
- −$3.95
- Slippage, 4 orders
- −$3.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$6.74
- Costs to cover
- 0.280%
- Break-even
- 8.9 days
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 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 BloFin live order book, 3 min ago | 0.09 bp | 6.5 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.11 bp | 7.4 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0259% | 1h | 1,770.4 | −0.060% | $168K | $378K | 20x | as long as short |
| BloFin SNDK-USDTlong | −0.0120% | 8h | 1,771.4 | long leg | $3.9M | $4.7M | 75x | |
| QFEX SNDK-USD | −0.0001% | 1h | 1,771.1 | −0.021% | $1.5M | $9.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,771.8 | +0.022% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,771.2 | −0.016% | $282.1M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,770.8 | −0.038% | $31.8M | $107.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.7 | −0.042% | $80.8M | $841.7M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,770.6 | −0.047% | $181.3M | $221.6M | 75x | as long as short |
| Bitget SNDKUSDTshort | 0.0000% | 8h | 1,770.6 | −0.047% | $48.6M | $172.5M | 75x | |
| Variational Omni SNDK | 0.0000% | 8h | 1,771.8 | +0.020% | $2.7M | $4.5M | — | as long as short |
Show all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.6 | +0.064% | $25K | $2.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,771.3 | −0.008% | $276K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,771.4 | −0.002% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,770.4 | −0.058% | $660 | $3.1M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,770.5 | −0.054% | $19K | $440K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,770.7 | −0.045% | $1.5M | $9.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771 | −0.027% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0023% | 1h | 1,771.7 | +0.017% | $677 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,771.4 | −0.005% | $1.2M | $9.8M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,770.5 | −0.055% | $410K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.610% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.3 | −0.064% | $257K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,771 | −0.025% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,771.5 | +0.003% | $244K | $697K | 20x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,770.4 | −0.059% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,771 | −0.025% | $188K | $142K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771.1 | −0.020% | $725K | $523K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.2 | −0.014% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0051% | 8h | 1,770.7 | −0.041% | — | — | 5x | as long as short |
| Nado SNDK-PERP | +0.0055% | 1h | 1,770.5 | −0.052% | $322K | $1.5M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0058% | 1h | 1,770.9 | −0.030% | $122.2M | $151.0M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.8 | −0.036% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,771.4 | −0.004% | $193K | $310K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,770.3 | −0.063% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,772.6 | +0.067% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,770.6 | −0.048% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0152% | 1h | 1,770.1 | −0.074% | $448K | $2.1M | 10x | as long as short |
| Lighter SNDK | +0.0160% | 1h | 1,771.8 | +0.021% | $1.8M | $16.8M | 20x | as long as short |
| edgeX SNDKUSDC | +0.0481% | 4h | 1,771.5 | +0.002% | $563K | $338K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,772.2 | +0.041% | $146K | $1.5M | 20x | as long as short |
BloFin SNDK-USDT
Bitget SNDKUSDT
Kraken Futures PF_SNDKUSD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Lighter SNDK
edgeX SNDKUSDC
RISEx SNDK/USDC