Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: Coinbase International against Ondo Perps+0.068%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.068%, 7d avg +0.009%
=Together, before fees+0.003%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.059% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SNDK-USD.P | 1,788.8 | 0.0050 | pay 0.0006% / 1h | 23m 39s | $1.4M | $5.1M | 5x |
| Short | Coinbase International SNDK-PERP-INTX | 1,790 | 0.0128 | get 0.0016% / 1h | 23m 39s | $441K | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Ondo Perps. 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
- $16.3
- Price spread: +0.068% → +0.009%
- $5.87
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.17
- Costs to cover
- 0.150%
- Break-even
- 3.9 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 2.62 bp | 8.2 bp −$8 | 13.9 bp −$139 | 34.9 bp −$3,494 | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0175% | 1h | 1,789.4 | +0.034% | $50K | $314K | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,791.3 | +0.141% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.3 | +0.081% | $21.8M | $43.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,789.7 | +0.050% | $286.2M | $1.84B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,789.8 | +0.057% | $32.0M | $100.2M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,790 | +0.067% | $86.7M | $834.3M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,789.7 | +0.049% | $182.3M | $235.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,789.7 | +0.053% | $48.0M | $169.0M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,792.4 | +0.199% | $2.6M | $4.6M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,793.3 | +0.249% | $22K | $1.1M | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,787.7 | −0.061% | $278K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,789.6 | +0.045% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788.1 | −0.042% | $862 | $3.8M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,789 | +0.011% | $1.5M | $10.9M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,788.7 | −0.007% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,789.6 | +0.042% | $2.0M | $19.7M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,790.9 | +0.118% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0006% | 1h | 1,790.4 | +0.087% | $347K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,790 | +0.065% | $684 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,790.9 | +0.116% | $1.7M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,790.2 | +0.081% | $1.4M | $9.6M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.4 | +0.092% | $444K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.624% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,789.7 | +0.048% | $305K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.4 | +0.087% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.7 | +0.050% | $246K | $648K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0049% | 8h | 1,789.7 | +0.048% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,789.8 | +0.056% | $115.0M | $147.2M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,789.4 | +0.034% | $4.8M | $20.2M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789.5 | +0.039% | $187K | $135K | 10x | as long as short |
| Ondo Perps SNDK-USD.Plong | +0.0050% | 1h | 1,788.8 | long leg | $1.4M | $5.1M | 5x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,788.8 | 0.000% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,789.6 | +0.045% | $199K | $291K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,789.1 | +0.018% | $6.1M | $22.0M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,793.8 | +0.282% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.1 | +0.016% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTXshort | +0.0128% | 1h | 1,790 | +0.068% | $441K | $2.3M | 10x | |
| SoDEX SNDK-USD | +0.0222% | 1h | 1,788.9 | +0.007% | $731K | $515K | 10x | as long as short |
| edgeX SNDKUSDC | +0.0285% | 4h | 1,791.6 | +0.158% | $569K | $353K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0660% | 1h | 1,789.5 | +0.037% | $130K | $379K | 20x | as long as short |
Coinbase International SNDK-PERP-INTX
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
SoDEX SNDK-USD
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD