Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Bullet against Injective−2.137%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 2.137% cheaper against Injective than usual: you would sell low and buy high (−$214 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | Injective SNDK/USDC PERP | 1,800 | 0.0033 | pay 0.0004% / 1h | 51m 34s | $36 | $9K | 12x |
| Short | Bullet SNDK-USD | 1,761.5 | 0 | get 0.0000% / 1h | 51m 34s | $14K | $286K | 10x |
Injective SNDK/USDC PERP
Bullet SNDK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Injective. 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
- −$7
- Price spread: −2.137% → 0.000%
- −$213.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$228.69
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bullet: live order book, 57 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 57 min ago | 1.70 bp | 8.3 bp −$8 | 20.7 bp −$207 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0247% | 8h | 1,761.8 | −2.118% | $47.3M | $165.4M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,762 | −2.110% | $3.9M | $4.5M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0015% | 8h | 1,761.4 | −2.141% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0008% | 1h | 1,760.8 | −2.173% | $1.4M | $10.5M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.1 | −2.103% | $21.5M | $33.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.4 | −2.144% | $279.8M | $1.85B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.6 | −2.129% | $31.7M | $103.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,761.8 | −2.120% | $82.2M | $833.7M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.1 | −2.101% | $121K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,761.4 | −2.145% | $176.6M | $230.2M | 75x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SNDK | 0.0000% | 8h | 1,761.3 | −2.147% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762.6 | −2.074% | $12K | $1.9M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.2 | −2.153% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USDshort | 0.0000% | 1h | 1,761.5 | −2.137% | $14K | $286K | 10x | |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.5 | −2.138% | $875 | $3.5M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,761.2 | −2.156% | $51K | $350K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761.4 | −2.143% | $1.4M | $10.6M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,761.4 | −2.145% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0015% | 1h | 1,763.3 | −2.037% | $656 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,759.2 | −2.267% | — | $581K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.5 | −2.137% | $1.3M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,760.5 | −2.189% | $495K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERPlong | +0.0033% | 1h | 1,800 | long leg | $36 | $9K | 12x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,761.1 | −2.157% | $255K | $1.5M | 10x | as long as short |
| Nado SNDK-PERP | +0.0041% | 1h | 1,762.7 | −2.069% | $327K | $1.5M | 10x | as long as short |
| Lighter SNDK | +0.0048% | 1h | 1,762.2 | −2.097% | $1.8M | $16.2M | 20x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761.8 | −2.120% | $242K | $675K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,761.3 | −2.148% | $118.6M | $158.4M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,761.8 | −2.120% | $4.7M | $19.7M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,760.8 | −2.176% | $184K | $131K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.1 | −2.162% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761 | −2.167% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761.3 | −2.148% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761 | −2.165% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,761.5 | −2.139% | $196K | $303K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,762.4 | −2.084% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.6 | −2.189% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,766.2 | −1.875% | $432K | $2.3M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0148% | 4h | 1,761.1 | −2.158% | $559K | $352K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0401% | 1h | 1,761.9 | −2.114% | $127K | $347K | 20x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter RH SNDK
Extended SNDK_24_5-USD
Arcus SNDK-USD
Nado SNDK-PERP
Lighter SNDK
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Entropy io:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD