Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Coinbase International−0.275%7-day average −0.029% · 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−$55as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.275%, 7d avg −0.029%
=Funding pays, the price is against you. SoDEX is 0.245% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.275% now, against its 7-day average of −0.029%). If the spread goes back, that is −$25 on $10k: about 14 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SNDK-PERP-INTX | 1,780.2 | −0.0008 | get 0.0001% / 1h | 40m 07s | $433K | $2.3M | 10x |
| Short | SoDEX SNDK-USD | 1,775.3 | 0.0050 | get 0.0006% / 1h | 40m 07s | $726K | $514K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $12.18
- Price spread: −0.275% → −0.029%
- −$24.53
- Slippage, 4 orders
- −$12.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$43.21
- Costs to cover
- 0.309%
- Break-even
- 31.8 days
Slippage from Coinbase International: live order book, 4 min ago; SoDEX: live order book, 14 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, 4 min ago | 2.44 bp | 7.5 bp −$7 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 14 min ago | 0.03 bp | 7.8 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 | 1,777 | −0.179% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0102% | 1h | 1,778.8 | −0.079% | $4.8M | $19.9M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0071% | 1h | 1,775.6 | −0.258% | $51K | $346K | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0044% | 8h | 1,776 | −0.235% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0043% | 1h | 1,778.4 | −0.102% | $346K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,776.4 | −0.215% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | −0.0008% | 1h | 1,780.2 | long leg | $433K | $2.3M | 10x | |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,777.2 | −0.170% | $21.7M | $33.0M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,775 | −0.292% | $282.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,775.7 | −0.254% | $32.4M | $101.4M | 100x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.3 | −0.276% | $83.0M | $824.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,777.6 | −0.145% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,775.2 | −0.284% | $178.6M | $229.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775.5 | −0.264% | $43.7M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.2 | −0.171% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.4 | +0.010% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.112% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.5 | −0.265% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.1 | −0.345% | $685 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,775 | −0.293% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775.3 | −0.279% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,780.5 | +0.019% | $662 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,776.3 | −0.220% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,776 | −0.237% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,775.5 | −0.264% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.109% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.7 | −0.084% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.4 | −0.272% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,776.2 | −0.225% | $245K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.5 | −0.152% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,775.7 | −0.253% | $117.2M | $150.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,776.1 | −0.231% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USDshort | +0.0050% | 1h | 1,775.3 | −0.275% | $726K | $514K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,776.6 | −0.203% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,775.4 | −0.269% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776.9 | −0.187% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.5 | +0.018% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.6 | −0.313% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,776 | −0.234% | $129K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0553% | 4h | 1,779.1 | −0.061% | $565K | $351K | 10x | as long as short |
Coinbase International SNDK-PERP-INTX
SoDEX SNDK-USD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
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
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
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC