SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.008%

Price spread now: Entropy against Arcus+0.008%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.326% of the position

Long on Arcus Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$5 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.008%, 7d avg +0.001%

Together, before fees−0.082%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,768.9	−0.0085	get 0.0011% / 1h	5m 44s	$282K	$1.7M	10x
Short	Entropy io:SNDK	1,769	0.0050	get 0.0006% / 1h	5m 44s	$4.5M	$20.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee EntropybpOrdersPrice spread, now +0.008%Rate

Funding earned: $28.32
Price spread: +0.008% → +0.001%: $0.71
Slippage, 4 orders: −$10.13
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$3.61
Costs to cover: 0.326%
Break-even: 7.9 days

Slippage from Arcus: live order book, 3 min ago; Entropy: live order book, 9 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 Arcus live order book, 3 min ago	0.09 bp	4.7 bp −$5	7.6 bp −$76	doesn't fit	doesn't fit
Sell Entropy live order book, 9 min ago	0.28 bp	11.2 bp −$11	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
BloFin SNDK-USDT	−0.0120%	8h	1,768.7	−0.010%	$4.2M	$4.5M	75x	as long as short
Arcus SNDK-USDlong	−0.0085%	1h	1,768.9	long leg	$282K	$1.7M	10x
Phoenix SNDK	−0.0045%	1h	1,768.7	−0.009%	$275K	$195K	15x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,768.7	−0.010%	$2.2M	$22.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,769.2	+0.020%	$21.8M	$39.8M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.4	+0.028%	$286.8M	$1.90B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,769.4	+0.031%	$31.6M	$105.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769.6	+0.042%	$87.7M	$847.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,770.1	+0.067%	$162K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.5	+0.033%	$183.4M	$245.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,769.5	+0.034%	$49.6M	$171.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,769.6	+0.040%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.5	−0.019%	$10K	$1.0M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,769.1	+0.013%	$14K	$295K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.2	−0.036%	$1K	$4.0M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,769.1	+0.013%	$49K	$231K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,769.2	+0.019%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,769.2	+0.017%	$2.8M	$949K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,769.2	+0.019%	$753	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,769.8	+0.053%	$1.5M	$16.5M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,769.6	+0.039%	$1.4M	$10.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.3	+0.023%	$410K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.758%	$36	$19K	12x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0040%	1h	1,770.3	+0.080%	$434K	$2.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0044%	1h	1,768.4	−0.027%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,769.2	+0.019%	$244K	$680K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.1	+0.014%	$111.9M	$151.9M	10x	as long as short
Entropy io:SNDKshort	+0.0050%	1h	1,769	+0.008%	$4.5M	$20.5M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768.8	−0.003%	$196K	$185K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,769	+0.006%	$723K	$547K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.9	+0.002%	$1.4M	$4.8M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,769	+0.010%	—	—	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0070%	1h	1,769.8	+0.051%	$129K	$411K	20x	as long as short
Nado SNDK-PERP	+0.0072%	1h	1,769.3	+0.026%	$308K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,768.9	+0.003%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,769.3	+0.025%	$213K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,768.5	−0.021%	$6.0M	$22.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.5	+0.036%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,768.2	−0.037%	$8K	$2K	20x	as long as short
edgeX SNDKUSDC	+0.0788%	4h	1,768.5	−0.022%	$562K	$354K	10x	as long as short