SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: Polymarket Perps against Bullet−0.051%7-day average −0.031% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on Bullet Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.037%−$4 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.051%, 7d avg −0.031%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.021% cheaper against Bullet than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.031%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SNDK-USD	1,771.6	0	get 0.0000% / 1h	23m 51s	$14K	$286K	10x
Short	Polymarket Perps SNDK-USD	1,770.7	0.0050	get 0.0006% / 1h	23m 51s	$186K	$128K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bullet. 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 BulletbpFee Polymarket PerpsbpOrdersPrice spread, now −0.051%Rate

Funding earned: $10.5
Price spread: −0.051% → −0.031%: −$2.05
Slippage, 4 orders: −$10.86
Fee Bullet: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.41
Costs to cover: 0.269%
Break-even: 19.3 days

Slippage from Bullet: live order book, 30 min ago; Polymarket Perps: live order book, 28 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 Bullet live order book, 30 min ago	0.56 bp	6.3 bp −$6	20.8 bp −$208	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 28 min ago	1.96 bp	8.2 bp −$8	9.3 bp −$93	11.0 bp −$1,104	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	1,772.8	+0.066%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,772.6	+0.058%	$6.1M	$22.0M	20x	as long as short
Entropy io:SNDK	−0.0038%	1h	1,774.7	+0.175%	$4.8M	$19.7M	10x	as long as short
Nado SNDK-PERP	−0.0030%	1h	1,771.4	−0.014%	$344K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,771.6	+0.001%	$1.4M	$12.0M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.140%	$431K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.1	+0.139%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,771.2	−0.023%	$281.5M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,771.1	−0.028%	$32.1M	$101.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,770.7	−0.051%	$82.1M	$824.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,773.2	+0.091%	$169K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,770.9	−0.038%	$176.6M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,771	−0.034%	$44.3M	$162.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,774.1	+0.139%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,777.9	+0.353%	$20K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,777.5	+0.333%	$277K	$193K	15x	as long as short
Bullet SNDK-USDlong	0.0000%	1h	1,771.6	long leg	$14K	$286K	10x
SunX SNDK-USDT	0.0000%	8h	1,770.1	−0.083%	$887	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,771.7	+0.004%	$51K	$346K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,770.8	−0.044%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,771.6	0.000%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,775.5	+0.220%	$763	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,772.2	+0.033%	$1.7M	$15.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,771.7	+0.006%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,770.8	−0.047%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.600%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,773.6	+0.110%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,769.4	−0.127%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,772.3	+0.039%	$244K	$651K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,772.1	+0.030%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,770.9	−0.040%	$117.1M	$151.9M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,770.7	−0.051%	$186K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,771.5	−0.007%	$724K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,771.5	−0.006%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,770.9	−0.039%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,772.5	+0.050%	$197K	$288K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,776.8	+0.293%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,771.1	−0.027%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,771.7	+0.006%	$128K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0410%	4h	1,777	+0.306%	$564K	$351K	10x	as long as short