Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: OKX against BloFin+0.009%93s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as 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−$240.236% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.009%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour. The two prices were read 93 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 | 1,765.9 | −0.0120 | get 0.0120% / 8h | 3h 05m | $3.9M | $4.4M | 75x |
| Short | OKX SNDK-USDT-SWAP | 1,766.1 | 0 | get 0.0000% / 8h | 3h 05m | $81.9M | $827.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.009% → −0.014%
- $2.33
- Slippage, 4 orders
- −$1.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $3.97
- Costs to cover
- 0.236%
- Break-even
- 5.9 days
Slippage from BloFin: live order book, 3 min ago; OKX: 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, 3 min ago | 0.14 bp | 6.3 bp −$6 | 7.0 bp −$70 | 12.2 bp −$1,225 | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.28 bp | 5.3 bp −$5 | 6.8 bp −$68 | 15.0 bp −$1,499 | 70.4 bp −$35.2K |
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 | 1,765.9 | long leg | $3.9M | $4.4M | 75x | |
| KuCoin SNDKUSDTM | −0.0047% | 8h | 1,766.8 | +0.049% | $6.1M | $22.1M | 20x | as long as short |
| Entropy io:SNDK | −0.0031% | 1h | 1,766.6 | +0.037% | $4.8M | $19.8M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,765.9 | −0.002% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,766.8 | +0.050% | $433K | $2.3M | 10x | as long as short |
| Nado SNDK-PERP | −0.0005% | 1h | 1,768.5 | +0.142% | $341K | $1.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,767.3 | +0.077% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,766.5 | +0.029% | $280.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,766.8 | +0.049% | $31.7M | $102.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAPshort | 0.0000% | 8h | 1,766.1 | +0.009% | $81.9M | $827.3M | 75x |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,767.2 | +0.071% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,766 | +0.001% | $177.2M | $231.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,766.5 | +0.029% | $44.2M | $162.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,767.8 | +0.105% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,763.9 | −0.116% | $10K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,765.4 | −0.031% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.4 | +0.139% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.5 | +0.087% | $806 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,768.1 | +0.125% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,767.8 | +0.106% | $2.8M | $1.1M | 50x | as long as short |
| edgeX SNDKUSDC | +0.0008% | 4h | 1,764.2 | −0.096% | $560K | $352K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,768.1 | +0.124% | $658 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0025% | 1h | 1,764.1 | −0.107% | — | $582K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,767.4 | +0.085% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,767.4 | +0.082% | $1.3M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,765.9 | −0.001% | $424K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.926% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,765.8 | −0.006% | $262K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.3 | +0.134% | $244K | $654K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,766.7 | +0.042% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,767.1 | +0.066% | $117.1M | $153.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,768.2 | +0.128% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,766.8 | +0.051% | $722K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,766.6 | +0.037% | $1.4M | $5.1M | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0055% | 1h | 1,768.2 | +0.129% | $51K | $346K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,768 | +0.114% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,767 | +0.059% | $197K | $296K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,763.4 | −0.147% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767 | +0.062% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,768.8 | +0.159% | $128K | $355K | 20x | as long as short |
BloFin SNDK-USDT
OKX SNDK-USDT-SWAP
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
edgeX SNDKUSDC
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Deribit SNDK_USDC-PERPETUAL
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD