Funding you earn now, next payment 10:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.020%
Price spread now: SunX against Coinbase International−0.099%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.099%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.046% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SNDK-PERP-INTX | 1,768.9 | 0.0152 | pay 0.0019% / 1h | 26m 31s | $451K | $2.2M | 10x |
| Short | SunX SNDK-USDT | 1,767.1 | 0 | get 0.0000% / 8h | 5h 26m | $779 | $3.1M | 20x |
Coinbase International SNDK-PERP-INTX
SunX SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$31.92
- Price spread: −0.099% → −0.054%
- −$4.6
- Slippage, 4 orders
- −$61.69
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$116.21
- Costs to cover
- 0.797%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; SunX: live order book, 5 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, 5 min ago | 1.64 bp | 6.7 bp −$7 | 11.9 bp −$119 | 35.0 bp −$3,496 | doesn't fit |
| Sell SunX live order book, 5 min ago | 28.08 bp | 32.1 bp −$32 | 61.6 bp −$616 | doesn't fit | doesn't fit |
SNDK on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SNDKUSD | −0.0259% | 1h | 1,767.3 | −0.091% | $167K | $379K | 20x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,768.3 | −0.034% | $4.0M | $4.7M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0005% | 1h | 1,767.4 | −0.083% | $19K | $446K | 10x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,767.6 | −0.071% | $1.5M | $9.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,768.6 | −0.014% | $21.6M | $32.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,768.5 | −0.023% | $281.9M | $1.87B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,768.7 | −0.011% | $31.5M | $107.0M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,768.8 | −0.004% | $81.0M | $840.7M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,768.2 | −0.037% | $182.3M | $220.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,768.2 | −0.037% | $50.0M | $172.0M | 75x | as long as short |
Kraken Futures PF_SNDKUSD
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,767.9 | −0.054% | $2.7M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,768.1 | −0.041% | $19K | $2.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,767.7 | −0.066% | $275K | $188K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,768.4 | −0.027% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDTshort | 0.0000% | 8h | 1,767.1 | −0.099% | $779 | $3.1M | 20x | |
| HTX SNDK-USDT | 0.0000% | 8h | 1,767.6 | −0.070% | $1.4M | $9.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,768.4 | −0.028% | $2.8M | $1.2M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0020% | 1h | 1,768.1 | −0.043% | $676 | $39K | 5x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,768.2 | −0.038% | $1.2M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,767.5 | −0.080% | $413K | $2.4M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.758% | $36 | $4K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,767.3 | −0.090% | $269K | $1.3M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,767.8 | −0.060% | — | $574K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,768.2 | −0.038% | $243K | $698K | 20x | as long as short |
| Nado SNDK-PERP | +0.0049% | 1h | 1,768.1 | −0.043% | $325K | $1.5M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,768.5 | −0.021% | $121.6M | $152.7M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,767.7 | −0.066% | $4.5M | $19.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,767.8 | −0.060% | $187K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,768 | −0.049% | $725K | $522K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,768 | −0.049% | $1.4M | $5.3M | 5x | as long as short |
| Paradex SNDK-USD-PERP | +0.0052% | 8h | 1,767.7 | −0.066% | — | — | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,767.8 | −0.062% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,768.3 | −0.030% | $193K | $310K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,767.3 | −0.087% | $6.1M | $23.1M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,769.3 | +0.025% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,767.5 | −0.077% | $8K | $3K | 20x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,768.8 | −0.003% | $1.8M | $16.8M | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXlong | +0.0152% | 1h | 1,768.9 | long leg | $451K | $2.2M | 10x | |
| edgeX SNDKUSDC | +0.0570% | 4h | 1,767.5 | −0.077% | $562K | $340K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0898% | 1h | 1,769.7 | +0.045% | $146K | $1.5M | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Nado SNDK-PERP
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Paradex SNDK-USD-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
edgeX SNDKUSDC
RISEx SNDK/USDC