Funding you earn now, next payment 04:00 UTC−0.0871%/8h= −95.4% APRpaid last 24h −0.111%
Price spread now: Bybit against edgeX−0.074%81s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as 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−$350.353% of the position
Funding, last 7 days−1.091%−$109 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.074%, 7d avg +0.019%
=Together, before fees−1.014%+ Points / potential airdropedgeX: Active · farm board−$101 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Bybit is 0.093% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 81 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 | 1,787.7 | 0.0871 | pay 0.0435% / 4h | 1h 28m | $568K | $353K | 10x |
| Short | Bybit SNDKUSDT | 1,786.4 | 0 | get 0.0000% / 8h | 5h 28m | $32.1M | $99.5M | 100x |
edgeX SNDKUSDC
Bybit SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$182.88
- Price spread: −0.074% → +0.019%
- −$9.3
- Slippage, 4 orders
- −$15.34
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$227.52
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; Bybit: live order book, 1 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, 35 min ago | 5.07 bp | 9.7 bp −$10 | 11.5 bp −$115 | 46.6 bp −$4,664 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.09 bp | 7.6 bp −$8 | 10.8 bp −$108 | 26.5 bp −$2,649 | 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 | 1,786.3 | −0.084% | $4.1M | $4.4M | 75x | as long as short |
| Phoenix SNDK | −0.0090% | 1h | 1,787.1 | −0.036% | $278K | $193K | 15x | as long as short |
| Entropy io:SNDK | −0.0052% | 1h | 1,786.4 | −0.075% | $4.9M | $20.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0036% | 1h | 1,786.8 | −0.053% | $359K | $1.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,785.7 | −0.114% | $1.5M | $14.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.3 | −0.083% | $21.8M | $37.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.9 | −0.104% | $285.3M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDTshort | 0.0000% | 8h | 1,786.4 | −0.074% | $32.1M | $99.5M | 100x | |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,785.9 | −0.103% | $85.1M | $822.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,787 | −0.041% | $170K | $1.8M | 20x | as long as short |
BloFin SNDK-USDT
Phoenix SNDK
Entropy io:SNDK
Nado SNDK-PERP
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.9 | −0.104% | $180.1M | $230.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,786.1 | −0.092% | $43.8M | $161.5M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,787.9 | +0.007% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,788 | +0.014% | $10K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786 | −0.098% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,784.9 | −0.159% | $719 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,786.3 | −0.084% | $51K | $338K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.5 | −0.128% | $1.4M | $10.8M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,785.7 | −0.112% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0004% | 1h | 1,787.4 | −0.020% | $665 | $38K | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,785.7 | −0.114% | $439K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:SNDK | +0.0025% | 1h | 1,785.8 | −0.109% | $114.4M | $145.7M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,787 | −0.041% | $1.7M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,786.5 | −0.069% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.6 | −0.064% | $463K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.683% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,785.8 | −0.110% | $313K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,786.1 | −0.094% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,786.1 | −0.092% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,785.7 | −0.117% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.8 | −0.109% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.8 | −0.110% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,786.5 | −0.070% | $1.4M | $5.1M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,786.3 | −0.080% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.5 | −0.125% | $1K | — | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0082% | 8h | 1,786.2 | −0.084% | $6.1M | $21.7M | 20x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,785.7 | −0.116% | $199K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,788.4 | +0.034% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.3 | −0.138% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDClong | +0.0871% | 4h | 1,787.7 | long leg | $568K | $353K | 10x |
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Coinbase International SNDK-PERP-INTX
tradeXYZ xyz:SNDK
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
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
KuCoin SNDKUSDTM
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos