Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.013%
Price spread now: Gate against Coinbase International−0.183%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.183%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.160% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SNDK-PERP-INTX | 1,792.4 | 0.0128 | pay 0.0016% / 1h | 1m 03s | $442K | $2.3M | 10x |
| Short | Gate SNDK_USDT | 1,789.1 | 0 | get 0.0000% / 8h | 7h 01m | $182.3M | $235.9M | 75x |
Coinbase International SNDK-PERP-INTX
Gate SNDK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Coinbase International. 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
- −$26.88
- Price spread: −0.183% → −0.023%
- −$16.01
- Slippage, 4 orders
- −$10.33
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.22
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Gate: 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 Coinbase International live order book, 3 min ago | 0.45 bp | 8.3 bp −$8 | 12.6 bp −$126 | 35.6 bp −$3,563 | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.70 bp | 10.3 bp −$10 | 22.4 bp −$224 | 37.4 bp −$3,743 | 63.8 bp −$31.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0186% | 1h | 1,789.1 | −0.181% | $51K | $328K | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,789.1 | −0.181% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.1 | −0.125% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,788.8 | −0.197% | $287.1M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789.5 | −0.162% | $32.1M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,789.1 | −0.183% | $86.7M | $832.2M | 75x | as long as short |
| Gate SNDK_USDTshort | 0.0000% | 8h | 1,789.1 | −0.183% | $182.3M | $235.9M | 75x | |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.7 | −0.203% | $47.8M | $164.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.2 | −0.176% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,791.4 | −0.057% | $21K | $1.1M | 10x | as long as short |
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
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 | 1,790.9 | −0.083% | $279K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789.6 | −0.155% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.1 | −0.239% | $926 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,788.6 | −0.209% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,789.5 | −0.162% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,789 | −0.189% | $1.9M | $18.5M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,790.2 | −0.124% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0005% | 1h | 1,791.1 | −0.073% | $348K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,790.6 | −0.101% | $714 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,790.8 | −0.086% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,790.3 | −0.114% | $1.4M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790 | −0.132% | $460K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.423% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,789.4 | −0.164% | $306K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,789.3 | −0.172% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.6 | −0.155% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,790.4 | −0.113% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,788.9 | −0.194% | $114.9M | $146.5M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,789.6 | −0.155% | $4.8M | $20.4M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789.4 | −0.166% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789.6 | −0.158% | $732K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,788.9 | −0.194% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789 | −0.191% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,790 | −0.131% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,789.3 | −0.173% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.1 | −0.184% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,788.9 | −0.194% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | +0.0128% | 1h | 1,792.4 | long leg | $442K | $2.3M | 10x | |
| edgeX SNDKUSDC | +0.0164% | 4h | 1,789.4 | −0.166% | $568K | $354K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0660% | 1h | 1,790.1 | −0.125% | $130K | $366K | 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
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Entropy io:SNDK
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
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD