Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: Phemex against tradeXYZ−0.010%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.010%, 7d avg +0.007%
=Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SNDK | 1,761.8 | 0.0050 | pay 0.0006% / 1h | 30m 36s | $119.7M | $159.7M | 10x |
| Short | Phemex SNDKUSDT | 1,761.6 | 0 | get 0.0000% / 8h | 30m 36s | $2.8M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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
- −$10.5
- Price spread: −0.010% → +0.007%
- −$1.64
- Slippage, 4 orders
- −$47.1
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$89.23
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Phemex: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.57 bp | 9.6 bp −$10 | 10.4 bp −$104 | 14.5 bp −$1,451 | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.47 bp | 25.6 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0268% | 8h | 1,761.7 | −0.004% | $48.4M | $166.0M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,761.8 | −0.002% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0015% | 1h | 1,762.1 | +0.017% | $330K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0015% | 8h | 1,761.1 | −0.041% | $6.0M | $22.4M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.1 | −0.041% | $1.4M | $10.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.5 | +0.037% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,761.3 | −0.028% | $279.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.8 | −0.001% | $31.7M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,761.6 | −0.011% | $82.3M | $833.8M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.4 | +0.034% | $120K | $1.6M | 20x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,761.5 | −0.017% | $177.7M | $228.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,761.8 | −0.002% | $2.5M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762.3 | +0.030% | $16K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.1 | −0.040% | $274K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,761.9 | +0.006% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.5 | −0.020% | $828 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,762.2 | +0.024% | $51K | $354K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,760.4 | −0.082% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDTshort | 0.0000% | 8h | 1,761.6 | −0.010% | $2.8M | $1.1M | 50x | |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,762.4 | +0.036% | $673 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0017% | 1h | 1,760 | −0.100% | — | $579K | 10x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.9 | +0.003% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.4 | −0.025% | $493K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.166% | $36 | $9K | 12x | as long as short |
| Lighter SNDK | +0.0040% | 1h | 1,762.6 | +0.043% | $1.8M | $16.3M | 20x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.5 | −0.074% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761.2 | −0.034% | $242K | $652K | 20x | as long as short |
| tradeXYZ xyz:SNDKlong | +0.0050% | 1h | 1,761.8 | long leg | $119.7M | $159.7M | 10x | |
| Entropy io:SNDK | +0.0050% | 1h | 1,761.5 | −0.017% | $4.6M | $19.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,761 | −0.045% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.7 | −0.008% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761.3 | −0.031% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761.2 | −0.034% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761.6 | −0.014% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,761.6 | −0.012% | $197K | $308K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,762 | +0.011% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,761.6 | −0.011% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762.5 | +0.038% | $429K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,762.4 | +0.034% | $127K | $339K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0317% | 4h | 1,761.4 | −0.023% | $560K | $352K | 10x | as long as short |
tradeXYZ xyz:SNDK
Phemex SNDKUSDT
Bitget SNDKUSDT
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Lighter SNDK
Popdex SNDKUSDT
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC