Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.044%
Price spread now: Bybit against BloFin−0.018%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.018%, 7d avg +0.012%
=Funding pays, the price is against you. Bybit is 0.029% cheaper against BloFin than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SNDK-USDT | 1,791.3 | −0.0120 | get 0.0120% / 8h | 7h 24m | $4.1M | $4.5M | 75x |
| Short | Bybit SNDKUSDT | 1,791 | 0 | get 0.0000% / 8h | 7h 24m | $32.1M | $100.2M | 100x |
BloFin SNDK-USDT
Bybit SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.018% → +0.012%
- −$2.95
- Slippage, 4 orders
- −$6.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.42
- Costs to cover
- 0.297%
- Break-even
- 9.1 days
Slippage from BloFin: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 0.64 bp | 6.6 bp −$7 | 8.0 bp −$80 | 12.2 bp −$1,224 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.34 bp | 7.6 bp −$8 | 12.2 bp −$122 | 39.4 bp −$3,935 | 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-USDTlong | −0.0120% | 8h | 1,791.3 | long leg | $4.1M | $4.5M | 75x | |
| Deribit SNDK_USDC-PERPETUAL | −0.0096% | 1h | 1,791.4 | +0.007% | $50K | $314K | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,791.8 | +0.026% | $21.8M | $43.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,790.7 | −0.035% | $286.3M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDTshort | 0.0000% | 8h | 1,791 | −0.018% | $32.1M | $100.2M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,789.9 | −0.079% | $86.7M | $835.1M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,791.6 | +0.016% | $182.6M | $235.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,790.6 | −0.042% | $48.1M | $169.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,792.4 | +0.058% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,793.3 | +0.108% | $22K | $1.1M | 10x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,787.7 | −0.202% | $278K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,791.2 | −0.006% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,790 | −0.076% | $863 | $3.8M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,791 | −0.016% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,791.3 | −0.001% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,791 | −0.019% | $2.0M | $19.7M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,792.3 | +0.053% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0007% | 1h | 1,792.6 | +0.069% | $350K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0009% | 1h | 1,789.8 | −0.086% | $684 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791.4 | +0.003% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,791.5 | +0.010% | $1.4M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,792.6 | +0.073% | $440K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.482% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,790.2 | −0.064% | $305K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,791.6 | +0.014% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,791.3 | −0.001% | $246K | $648K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,790.9 | −0.023% | $115.2M | $147.1M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,790.2 | −0.063% | $4.9M | $20.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,790.8 | −0.029% | $187K | $135K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,791.5 | +0.012% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,793.6 | +0.127% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,790.7 | −0.033% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,790.6 | −0.039% | $199K | $291K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,791.1 | −0.012% | $6.1M | $21.9M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,793.8 | +0.141% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790.7 | −0.032% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,793.9 | +0.142% | $443K | $2.3M | 10x | as long as short |
| SoDEX SNDK-USD | +0.0240% | 1h | 1,791.3 | 0.000% | $732K | $515K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0285% | 4h | 1,791.6 | +0.017% | $569K | $353K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0659% | 1h | 1,791.5 | +0.010% | $130K | $379K | 20x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
RISEx SNDK/USDC
Nado SNDK-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
SoDEX SNDK-USD
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD