Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against Bullet+0.030%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 3 days (all we have)+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.030%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.045% dearer against Bullet than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SNDK-USD | 1,783 | 0 | get 0.0000% / 1h | 37m 34s | $15K | $291K | 10x |
| Short | SoDEX SNDK-USD | 1,783.6 | 0.0050 | get 0.0006% / 1h | 37m 34s | $729K | $515K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bullet. 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
- $10.5
- Price spread: +0.030% → −0.015%
- $4.46
- Slippage, 4 orders
- −$14.9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$15.94
- Costs to cover
- 0.309%
- Break-even
- 17.6 days
Slippage from Bullet: live order book, 31 min ago; SoDEX: live order book, 31 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 Bullet live order book, 31 min ago | 1.68 bp | 8.3 bp −$8 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 31 min ago | 0.03 bp | 7.7 bp −$8 | 38.0 bp −$380 | doesn't fit | 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-USDT | −0.0120% | 8h | 1,788 | +0.280% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0091% | 1h | 1,784.9 | +0.105% | $4.9M | $20.3M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0086% | 1h | 1,783.6 | +0.033% | $51K | $328K | 10x | as long as short |
| Phoenix SNDK | −0.0045% | 1h | 1,786.8 | +0.212% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,784.4 | +0.075% | $1.8M | $17.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,785 | +0.113% | $360K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,785.4 | +0.132% | $21.7M | $39.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,784.4 | +0.077% | $286.2M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,784.9 | +0.104% | $32.0M | $100.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,784.8 | +0.100% | $85.7M | $830.3M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,784.2 | +0.068% | $180.4M | $231.5M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,784.4 | +0.076% | $44.0M | $167.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,786.9 | +0.218% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,783.2 | +0.008% | $15K | $1.1M | 10x | as long as short |
| Bullet SNDK-USDlong | 0.0000% | 1h | 1,783 | long leg | $15K | $291K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,782.2 | −0.046% | $994 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,782.9 | −0.009% | $1.4M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,783.7 | +0.037% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,786.6 | +0.201% | $671 | $37K | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0006% | 1h | 1,784.3 | +0.072% | $114.2M | $146.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,785.3 | +0.129% | $1.7M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,784.9 | +0.105% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,785.3 | +0.125% | $469K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.950% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784.1 | +0.060% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,784 | +0.055% | — | $584K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,784.6 | +0.088% | $246K | $645K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0049% | 4h | 1,783.4 | +0.023% | $566K | $352K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,784.2 | +0.064% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,784.1 | +0.060% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0050% | 1h | 1,783.6 | +0.030% | $729K | $515K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,784.6 | +0.088% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,782.9 | −0.006% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,783.4 | +0.023% | $437K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,784.5 | +0.084% | $198K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785.1 | +0.114% | $6.1M | $21.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,783.2 | +0.011% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,782.7 | −0.020% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0132% | 1h | 1,783.6 | +0.035% | $130K | $364K | 20x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,785.1 | +0.115% | $171K | $1.8M | 20x | as long as short |
Bullet SNDK-USD
SoDEX SNDK-USD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phoenix SNDK
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
SunX SNDK-USDT
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
Popdex SNDKUSDT
edgeX SNDKUSDC
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
RISEx SNDK/USDC