Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.009%
Price spread now: Arcus against Bybit−0.294%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days+0.258%+$26 · spread now −0.294%, 7d avg −0.080%
=Funding pays, the price is against you. Arcus is 0.214% cheaper against Bybit than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of −0.080%). If the spread goes back, that is −$21 on $10k: about 18 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNDKUSDT | 1,768.2 | 0 | get 0.0000% / 8h | 2h 11m | $31.8M | $103.4M | 100x |
| Short | Arcus SNDK-USD | 1,763 | 0.0040 | get 0.0005% / 1h | 11m 02s | $262K | $1.4M | 10x |
Bybit SNDKUSDT
Arcus SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- $8.46
- Price spread: −0.294% → −0.080%
- −$21.4
- Slippage, 4 orders
- −$18.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$47.06
- Costs to cover
- 0.341%
- Break-even
- 45.9 days
Slippage from Bybit: live order book, 3 min ago; Arcus: 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 Bybit live order book, 3 min ago | 0.03 bp | 7.9 bp −$8 | 9.8 bp −$98 | 32.2 bp −$3,222 | doesn't fit |
| Sell Arcus live order book, 3 min ago | 1.02 bp | 11.7 bp −$12 | 12.9 bp −$129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0321% | 8h | 1,767.8 | −0.023% | $46.9M | $164.7M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.4 | +0.011% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0031% | 8h | 1,767.8 | −0.021% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,767.7 | −0.028% | $1.4M | $10.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,768.9 | +0.038% | $21.6M | $33.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.1 | −0.007% | $280.7M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDTlong | 0.0000% | 8h | 1,768.2 | long leg | $31.8M | $103.4M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,767.5 | −0.038% | $82.0M | $833.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,768.9 | +0.040% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.3 | +0.005% | $176.4M | $231.6M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,759.7 | −0.478% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.7 | −0.366% | $16K | $1.8M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.7 | −0.366% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,767.8 | −0.022% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,767.5 | −0.037% | $795 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,768.2 | +0.002% | $51K | $349K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.3 | −0.049% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.3 | +0.006% | $2.8M | $1.1M | 50x | as long as short |
| Nado SNDK-PERP | +0.0008% | 1h | 1,768 | −0.010% | $329K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0010% | 1h | 1,765.2 | −0.168% | — | $581K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,763.7 | −0.251% | $656 | $37K | 5x | as long as short |
| Pacifica SNDK | +0.0024% | 1h | 1,767.2 | −0.056% | $197K | $303K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,768.6 | +0.024% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.3 | −0.050% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.797% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDshort | +0.0040% | 1h | 1,763 | −0.294% | $262K | $1.4M | 10x | |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,767.9 | −0.016% | $243K | $665K | 20x | as long as short |
| Entropy io:SNDK | +0.0049% | 1h | 1,765.1 | −0.174% | $4.7M | $19.9M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768 | −0.010% | $119.0M | $157.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,766.9 | −0.072% | $185K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,766.2 | −0.112% | $722K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,767.6 | −0.033% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,767.8 | −0.021% | $1.4M | $5.1M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0072% | 1h | 1,767.4 | −0.042% | $436K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0080% | 1h | 1,769.4 | +0.067% | $1.8M | $16.3M | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.7 | −0.025% | $1K | — | 10x | as long as short |
| edgeX SNDKUSDC | +0.0095% | 4h | 1,764.1 | −0.232% | $560K | $351K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,764.5 | −0.206% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.8 | −0.020% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,768.7 | +0.032% | $127K | $347K | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Nado SNDK-PERP
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Pacifica SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Entropy io:SNDK
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Aevo SNDK-PERP
edgeX SNDKUSDC
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD