SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: Polymarket Perps against Coinbase International+0.072%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.072%, 7d avg −0.046%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.119% dearer against Coinbase International than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.046%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,786.5	0.0088	pay 0.0011% / 1h	43m 36s	$440K	$2.3M	10x
Short	Polymarket Perps SNDK-USD	1,787.8	0.0050	get 0.0006% / 1h	43m 36s	$187K	$135K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$7.98
Price spread: +0.072% → −0.046%: $11.86
Slippage, 4 orders: −$13.43
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.55
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Polymarket Perps: live order book, 23 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 Coinbase International live order book, 5 min ago	2.49 bp	9.0 bp −$9	13.1 bp −$131	33.5 bp −$3,347	doesn't fit
Sell Polymarket Perps live order book, 23 min ago	1.96 bp	8.1 bp −$8	9.6 bp −$96	11.4 bp −$1,138	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	1,788	+0.084%	$4.1M	$4.5M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0108%	1h	1,788.1	+0.087%	$51K	$328K	10x	as long as short
Entropy io:SNDK	−0.0100%	1h	1,788	+0.083%	$4.8M	$20.4M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,788.5	+0.111%	$279K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,787.7	+0.068%	$1.8M	$17.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.6	+0.116%	$21.8M	$40.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.6	+0.062%	$286.7M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,788.5	+0.113%	$32.0M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.8	+0.072%	$86.3M	$830.8M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787.6	+0.062%	$181.0M	$231.2M	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	1,787.7	+0.068%	$47.5M	$164.2M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,787	+0.025%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.4	+0.109%	$22K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,788.4	+0.105%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,786.6	+0.005%	$759	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,787	+0.029%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,787.5	+0.053%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,788.4	+0.108%	$683	$37K	5x	as long as short
Nado SNDK-PERP	+0.0010%	1h	1,788.7	+0.125%	$363K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0015%	1h	1,787.8	+0.072%	$114.6M	$146.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.5	+0.112%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,788.4	+0.105%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,788.2	+0.095%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.753%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,787.2	+0.036%	$305K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,787.5	+0.053%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,788.3	+0.100%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,787.9	+0.080%	—	—	5x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,787.8	+0.072%	$187K	$135K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,787.6	+0.062%	$731K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.055%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,787.7	+0.065%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0088%	1h	1,786.5	long leg	$440K	$2.3M	10x
Pacifica SNDK	+0.0100%	1h	1,788	+0.082%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,787.6	+0.060%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,787.4	+0.051%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,787.5	+0.055%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,788.6	+0.118%	$130K	$365K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,788.9	+0.136%	$171K	$1.8M	20x	as long as short
edgeX SNDKUSDC	+0.0517%	4h	1,786.7	+0.010%	$567K	$354K	10x	as long as short