Funding you earn now, next payment 01:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.053%
Price spread now: Coinbase International against BloFin−0.256%778s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as 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−$300.301% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.283%+$28 · spread now −0.256%, 7d avg +0.013%
=Funding pays, the price is against you. Coinbase International is 0.270% cheaper against BloFin than usual: you would sell low and buy high (spread −0.256% now, against its 7-day average of +0.013%). If the spread goes back, that is −$27 on $10k: about 4.3 days of funding at the current rate (+$6 a day). The two prices were read 778 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% 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 | BloFin SNDK-USDT | 1,788 | −0.0120 | get 0.0120% / 8h | 6h 35m | $4.1M | $4.5M | 75x |
| Short | Coinbase International SNDK-PERP-INTX | 1,783.4 | 0.0088 | get 0.0011% / 1h | 35m 39s | $437K | $2.3M | 10x |
BloFin SNDK-USDT
Coinbase International SNDK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $43.68
- Price spread: −0.256% → +0.013%
- −$26.96
- Slippage, 4 orders
- −$8.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$13.35
- Costs to cover
- 0.301%
- Break-even
- 9.1 days
Slippage from BloFin: live order book, 13 min ago; Coinbase International: 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, 13 min ago | 0.03 bp | 6.1 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.13 bp | 7.8 bp −$8 | 13.3 bp −$133 | 35.1 bp −$3,507 | 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 | 1,788 | long leg | $4.1M | $4.5M | 75x | |
| Entropy io:SNDK | −0.0071% | 1h | 1,784.3 | −0.207% | $4.9M | $20.4M | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | −0.068% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,783.9 | −0.228% | $1.8M | $17.1M | 10x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,784.5 | −0.199% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785 | −0.167% | $21.7M | $39.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.6 | −0.189% | $286.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,785.1 | −0.162% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785 | −0.168% | $85.7M | $830.8M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,784.4 | −0.203% | $180.4M | $231.6M | 75x | as long as short |
Entropy io:SNDK
Phoenix SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784.4 | −0.200% | $44.0M | $167.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,783.8 | −0.236% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,783.2 | −0.271% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,783.7 | −0.239% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,781.5 | −0.366% | $771 | $3.7M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,783.8 | −0.236% | $51K | $328K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,784.1 | −0.217% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,784.5 | −0.196% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,785.7 | −0.130% | $670 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0008% | 1h | 1,784.2 | −0.213% | $114.3M | $146.6M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,785.5 | −0.139% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,785 | −0.169% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,784.6 | −0.193% | $470K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.668% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,783.6 | −0.245% | $312K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,783.2 | −0.271% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | −0.191% | $245K | $645K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0049% | 4h | 1,783.4 | −0.256% | $566K | $352K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,784.6 | −0.193% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,783.7 | −0.241% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,783.6 | −0.244% | $729K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,783.9 | −0.230% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,783.5 | −0.252% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0088% | 1h | 1,783.4 | −0.256% | $437K | $2.3M | 10x | |
| Pacifica SNDK | +0.0100% | 1h | 1,784.5 | −0.194% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,784.7 | −0.187% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,783 | −0.278% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,783 | −0.278% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,784.6 | −0.190% | $130K | $355K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785 | −0.169% | $171K | $1.8M | 20x | as long as short |
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
tradeXYZ xyz:SNDK
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
edgeX SNDKUSDC
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC