Funding you earn now, next payment 16:00 UTC−0.0368%/8h= −40.3% APRnext payment −$3.68 per $10,000 · paid last 24h −0.020%
Price spread now: HTX against KuCoin+0.132%51s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$410.406% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.132%, 7d avg +0.005%
=The price spread pays, funding is against you. HTX is 0.128% dearer against KuCoin than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.005%): +$13 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.109% in total) that is about 8.2 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SNDKUSDTM | 1,747.5 | −0.0044 | get 0.0044% / 8h | 7h 34m | $6.0M | $22.5M | 20x |
| Short | HTX SNDK-USDT | 1,749.8 | −0.0412 | pay 0.0412% / 8h | 7h 34m | $1.4M | $10.5M | 50x |
KuCoin SNDKUSDTM
HTX SNDK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$77.24
- Price spread: +0.132% → +0.005%
- $12.76
- Slippage, 4 orders
- −$16.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$105.09
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; HTX: 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 KuCoin live order book, 5 min ago | 1.14 bp | 10.5 bp −$10 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.71 bp | 7.3 bp −$7 | 8.1 bp −$81 | 12.9 bp −$1,285 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | −0.0845% | 8h | 1,750.4 | +0.166% | $21K | $2.2M | 10x | as long as short |
| HTX SNDK-USDTshort | −0.0412% | 8h | 1,749.8 | +0.132% | $1.4M | $10.5M | 50x | |
| Bitget SNDKUSDT | −0.0245% | 8h | 1,748.1 | +0.035% | $49.3M | $167.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,749.5 | +0.112% | $4.0M | $4.5M | 75x | as long as short |
| Nado SNDK-PERP | −0.0075% | 1h | 1,749.8 | +0.134% | $332K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTMlong | −0.0044% | 8h | 1,747.5 | long leg | $6.0M | $22.5M | 20x | |
| QFEX SNDK-USD | −0.0002% | 1h | 1,747 | −0.030% | $1.4M | $9.6M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,749.5 | +0.114% | $21.3M | $32.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,749.2 | +0.099% | $279.7M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,749 | +0.086% | $31.6M | $104.3M | 100x | as long as short |
GRVT SNDK_USDT_Perp
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
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 | 1,750.6 | +0.177% | $81.8M | $822.8M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,748.5 | +0.055% | $135K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,748.4 | +0.049% | $178.4M | $218.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,748.8 | +0.075% | $2.5M | $4.8M | — | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,751.1 | +0.205% | $273K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,747.6 | +0.005% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,747.8 | +0.014% | $790 | $3.3M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,751.1 | +0.205% | $50K | $360K | 10x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,749.8 | +0.128% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0006% | 1h | 1,745.4 | −0.120% | — | $577K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0011% | 1h | 1,751.5 | +0.227% | $727 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,749 | +0.086% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,748.2 | +0.038% | $1.2M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,748.9 | +0.080% | $448K | $2.0M | 10x | as long as short |
| Entropy io:SNDK | +0.0032% | 1h | 1,750 | +0.142% | $4.5M | $19.5M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +3.001% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,746.4 | −0.062% | $249K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0047% | 8h | 1,748.9 | +0.078% | — | — | 5x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,747 | −0.029% | $240K | $630K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,746.5 | −0.058% | $118.3M | $158.6M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,746.5 | −0.058% | $183K | $127K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,749.4 | +0.109% | $715K | $521K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,749.3 | +0.102% | $1.3M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,747.4 | −0.005% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,748.7 | +0.066% | $196K | $310K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,751.6 | +0.233% | $67K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,749.5 | +0.114% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,749.2 | +0.094% | $426K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0127% | 4h | 1,751.2 | +0.210% | $556K | $350K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0285% | 1h | 1,750 | +0.144% | $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
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
Popdex SNDKUSDT
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
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD