Funding you earn now, next payment 07:00 UTC−0.0256%/8h= −28.0% APRpaid last 24h +0.010%
Price spread now: Bitget against Deribit+0.005%48s7-day average −0.007% · 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—prices read too far apart to compare
costs, in and out, $10k−$430.427% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.005%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.068%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.068% in total (about 6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SNDK_USDC-PERPETUAL | 1,760.7 | −0.0113 | get 0.0014% / 1h | 27m 34s | $51K | $351K | 10x |
| Short | Bitget SNDKUSDT | 1,760.8 | −0.0369 | pay 0.0369% / 8h | 1h 27m | $48.0M | $166.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$53.68
- Price spread: +0.005% → −0.007%
- $1.18
- Slippage, 4 orders
- −$23.72
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.23
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 16 min ago; Bitget: live order book, 2 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 Deribit live order book, 16 min ago | 9.38 bp | 13.5 bp −$13 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.20 bp | 7.3 bp −$7 | 11.9 bp −$119 | 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 SNDKUSDTshort | −0.0369% | 8h | 1,760.8 | +0.005% | $48.0M | $166.2M | 75x | |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,760.1 | −0.036% | $3.9M | $4.6M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUALlong | −0.0113% | 1h | 1,760.7 | long leg | $51K | $351K | 10x | |
| KuCoin SNDKUSDTM | −0.0014% | 8h | 1,760 | −0.043% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,760 | −0.039% | $1.4M | $10.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761.4 | +0.039% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,760.2 | −0.030% | $280.1M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,760.4 | −0.016% | $31.7M | $103.4M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.4 | −0.018% | $82.3M | $835.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,761.5 | +0.047% | $120K | $1.6M | 20x | 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 | 1,760.4 | −0.015% | $177.2M | $230.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,759 | −0.096% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.8 | −0.052% | $10K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,758.9 | −0.103% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,760.9 | +0.013% | $13K | $289K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,760.5 | −0.015% | $864 | $3.5M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,759.9 | −0.047% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,761.1 | +0.021% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,759.4 | −0.072% | $722 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,758.2 | −0.144% | — | $581K | 10x | as long as short |
| Nado SNDK-PERP | +0.0019% | 1h | 1,760.8 | +0.007% | $328K | $1.5M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,761.4 | +0.037% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,760.8 | +0.007% | $1.2M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760.5 | −0.009% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.229% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.8 | −0.108% | $253K | $1.4M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,760.4 | −0.018% | $242K | $668K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,760.5 | −0.012% | $118.4M | $158.9M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,760.1 | −0.035% | $4.7M | $19.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,759.5 | −0.069% | $185K | $132K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,760.4 | −0.018% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,760.3 | −0.024% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,759.6 | −0.063% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,760.5 | −0.012% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,760.5 | −0.012% | $197K | $304K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.9 | +0.010% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.3 | −0.025% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,761 | +0.015% | $431K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,761.1 | +0.022% | $127K | $346K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0796% | 4h | 1,760.1 | −0.032% | $559K | $351K | 10x | as long as short |
Deribit SNDK_USDC-PERPETUAL
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
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
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC