Funding you earn now, next payment 09:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against Injective−2.970%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 2.970% cheaper against Injective than usual: you would sell low and buy high (spread −2.970% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$297 on $10k: about 20 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.115% in total) that is about 6 months. 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 | 34m 13s | $36 | $9K | 12x |
| Short | tradeXYZ xyz:SNDK | 1,746.5 | 0.0050 | get 0.0006% / 1h | 34m 13s | $118.3M | $158.6M | 10x |
Injective SNDK/USDC PERP
tradeXYZ xyz:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.5
- Price spread: −2.970% → 0.000%
- −$297.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$311.53
- Costs to cover
- 0.180%
- Break-even
- 630.1 days
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 5 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 tradeXYZ live order book, 5 min ago | 0.29 bp | 9.5 bp −$9 | 10.8 bp −$108 | 14.9 bp −$1,486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0845% | 8h | 1,750.4 | −2.753% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDT | −0.0359% | 8h | 1,750 | −2.777% | $1.4M | $10.6M | 50x | as long as short |
| Bitget SNDKUSDT | −0.0245% | 8h | 1,749 | −2.831% | $49.3M | $167.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,749.5 | −2.806% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0075% | 1h | 1,749.8 | −2.784% | $332K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0044% | 8h | 1,748.5 | −2.858% | $6.0M | $22.5M | 20x | as long as short |
| QFEX SNDK-USD | −0.0002% | 1h | 1,747 | −2.943% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,750.6 | −2.742% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,749.4 | −2.812% | $279.7M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,749.3 | −2.814% | $31.6M | $104.3M | 100x | as long as short |
GRVT SNDK_USDT_Perp
HTX SNDK-USDT
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,749.2 | −2.820% | $81.8M | $822.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,748.5 | −2.860% | $135K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,748.4 | −2.867% | $178.4M | $218.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,748.8 | −2.841% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,751.1 | −2.715% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,747.6 | −2.909% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,747.8 | −2.900% | $790 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,751.1 | −2.715% | $50K | $360K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,750.3 | −2.760% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,745.4 | −3.030% | — | $577K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,751.5 | −2.693% | $727 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,749.8 | −2.787% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,749.3 | −2.815% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,749.6 | −2.797% | $442K | $2.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0032% | 1h | 1,750 | −2.776% | $4.5M | $19.5M | 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 | 1,746.4 | −2.975% | $249K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,748.9 | −2.838% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,747 | −2.942% | $240K | $630K | 20x | as long as short |
| tradeXYZ xyz:SNDKshort | +0.0050% | 1h | 1,746.5 | −2.970% | $118.3M | $158.6M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,746.5 | −2.970% | $183K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,748.7 | −2.846% | $715K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,749.3 | −2.815% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,747.4 | −2.919% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,748.7 | −2.850% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.6 | −2.688% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,749.5 | −2.803% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,749.6 | −2.796% | $425K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0127% | 4h | 1,751.2 | −2.710% | $556K | $350K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0286% | 1h | 1,749 | −2.832% | $127K | $344K | 20x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Entropy io:SNDK
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
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
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD