Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.9% APRpaid last 24h −0.107%
Price spread now: Coinbase International against edgeX−0.132%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−1.024%−$102 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.132%, 7d avg +0.018%
=Together, before fees−0.929%+ Points / potential airdropedgeX: Active · farm board−$93 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.150% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,782 | 0.0036 | pay 0.0018% / 4h | 3h 43m | $566K | $353K | 10x |
| Short | Coinbase International SNDK-PERP-INTX | 1,779.7 | −0.0008 | pay 0.0001% / 1h | 43m 33s | $434K | $2.3M | 10x |
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$9.34
- Price spread: −0.132% → +0.018%
- −$15.03
- Slippage, 4 orders
- −$15.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$59.13
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; Coinbase International: 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 edgeX live order book, 10 min ago | 5.04 bp | 9.6 bp −$10 | 11.4 bp −$114 | 47.1 bp −$4,710 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.55 bp | 8.0 bp −$8 | 13.6 bp −$136 | 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 | 1,780.3 | −0.097% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0107% | 1h | 1,780.8 | −0.069% | $4.8M | $19.9M | 10x | as long as short |
| Nado SNDK-PERP | −0.0046% | 1h | 1,780.1 | −0.111% | $346K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,780.3 | −0.097% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,779.1 | −0.167% | $1.4M | $12.3M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | −0.0008% | 1h | 1,779.7 | −0.132% | $434K | $2.3M | 10x | |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,781.2 | −0.045% | $21.8M | $33.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,779.7 | −0.134% | $283.7M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,780 | −0.112% | $32.4M | $101.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,780 | −0.114% | $83.4M | $824.3M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,780.9 | −0.064% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,779.5 | −0.141% | $179.5M | $229.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,779.7 | −0.128% | $43.8M | $162.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,782.2 | +0.010% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.4 | −0.092% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.010% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,779.3 | −0.153% | $13K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,777.5 | −0.253% | $857 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,779.6 | −0.139% | $51K | $345K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,778 | −0.225% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,779.4 | −0.148% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,782.5 | +0.024% | $663 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,779.8 | −0.126% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,779.8 | −0.128% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,779.4 | −0.149% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.006% | $36 | $9K | 12x | as long as short |
| edgeX SNDKUSDClong | +0.0036% | 4h | 1,782 | long leg | $566K | $353K | 10x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,780.1 | −0.108% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.2 | −0.217% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,779.6 | −0.136% | $245K | $650K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,778.6 | −0.191% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,779.3 | −0.153% | $117.4M | $150.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,779.4 | −0.148% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,779.5 | −0.140% | $727K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778.7 | −0.187% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778.9 | −0.174% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,779.4 | −0.148% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.6 | −0.078% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,779.1 | −0.163% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,779.8 | −0.126% | $130K | $352K | 20x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
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
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD