Funding you earn now, next payment 08:00 UTC−0.0480%/8h= −52.6% APRpaid last 24h −0.123%
Price spread now: Binance against edgeX−0.079%100s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days−0.977%−$98 on $10k
+Price spread, last 4 days (all we have)+0.555%+$56 · spread now −0.079%, 7d avg +0.017%
=Together, before fees−0.422%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.096% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.017%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,759.2 | 0.0480 | pay 0.0240% / 4h | 55m 44s | $559K | $349K | 10x |
| Short | Binance SNDKUSDT | 1,757.8 | 0 | get 0.0000% / 8h | 55m 44s | $278.6M | $1.87B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$100.81
- Price spread: −0.079% → +0.017%
- −$9.63
- Slippage, 4 orders
- −$11.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$140.86
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 48 min ago; Binance: 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 edgeX live order book, 48 min ago | 5.34 bp | 10.0 bp −$10 | 11.8 bp −$118 | 48.8 bp −$4,879 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.03 bp | 5.5 bp −$6 | 7.2 bp −$72 | 12.2 bp −$1,217 | 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 | −0.0298% | 8h | 1,758.4 | −0.047% | $48.3M | $167.4M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0131% | 1h | 1,758.4 | −0.041% | $51K | $351K | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,758.3 | −0.049% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0074% | 1h | 1,759 | −0.007% | $327K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0009% | 8h | 1,758.5 | −0.037% | $6.0M | $22.3M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,758.4 | −0.046% | $1.4M | $10.1M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,759.4 | +0.011% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,757.8 | −0.079% | $278.6M | $1.87B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,758.1 | −0.062% | $31.9M | $103.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,757.7 | −0.083% | $82.1M | $833.6M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,759.8 | +0.036% | $120K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,757.7 | −0.085% | $177.0M | $227.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,758.5 | −0.037% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,759.9 | +0.040% | $20K | $2.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,758.8 | −0.021% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,758.6 | −0.033% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,758.8 | −0.019% | $704 | $3.5M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,758.4 | −0.044% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,759 | −0.007% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,760.2 | +0.058% | $673 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,756.3 | −0.165% | — | $579K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,758.5 | −0.039% | $1.8M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,758 | −0.066% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,757.7 | −0.085% | $490K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.319% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,758.4 | −0.044% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,759.1 | −0.004% | $242K | $654K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,757.4 | −0.101% | $118.7M | $159.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,758.8 | −0.021% | $4.6M | $19.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,757.6 | −0.089% | $185K | $130K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,758.7 | −0.028% | $719K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,758.3 | −0.048% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,758.6 | −0.032% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,758.6 | −0.033% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,758.6 | −0.035% | $197K | $305K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,760.6 | +0.084% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,758.1 | −0.059% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,759.6 | +0.026% | $431K | $2.2M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,759 | −0.008% | $126K | $340K | 20x | as long as short |
| edgeX SNDKUSDClong | +0.0480% | 4h | 1,759.2 | long leg | $559K | $349K | 10x |
edgeX SNDKUSDC
Binance SNDKUSDT
Bitget SNDKUSDT
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
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