SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.003%

Price spread now: SoDEX against Coinbase International−0.052%7-day average −0.030% · 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−$35as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.052%, 7d avg −0.030%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.022% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.030%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SNDK-PERP-INTX	1,761	0.0112	pay 0.0014% / 1h	28m 24s	$431K	$2.3M	10x
Short	SoDEX SNDK-USD	1,760.1	0.0050	get 0.0006% / 1h	28m 24s	$720K	$520K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$13.02
Price spread: −0.052% → −0.030%: −$2.16
Slippage, 4 orders: −$14.43
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$47.61
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; SoDEX: live order book, 15 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	1.90 bp	9.2 bp −$9	13.2 bp −$132	doesn't fit	doesn't fit
Sell SoDEX live order book, 15 min ago	0.03 bp	7.5 bp −$8	36.2 bp −$362	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	−0.0370%	8h	1,760.8	−0.007%	$48.0M	$166.2M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.1	−0.051%	$3.9M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,760	−0.053%	$6.0M	$22.2M	20x	as long as short
QFEX SNDK-USD	−0.0008%	1h	1,760.4	−0.031%	$1.4M	$10.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,761.4	+0.025%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,760.9	−0.005%	$280.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,760.9	−0.002%	$31.8M	$103.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,760.8	−0.010%	$82.3M	$835.3M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,761.6	+0.037%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,760.8	−0.012%	$177.3M	$230.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,759	−0.110%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.8	−0.067%	$10K	$1.9M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,758.9	−0.118%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,760.9	−0.002%	$13K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.6	−0.020%	$998	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,760.3	−0.036%	$51K	$351K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,759.7	−0.071%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,760.8	−0.008%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,758.3	−0.153%	—	$581K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,759.4	−0.087%	$722	$38K	5x	as long as short
Nado SNDK-PERP	+0.0022%	1h	1,761.2	+0.013%	$328K	$1.5M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,761.7	+0.043%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,760.9	−0.002%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,760.7	−0.015%	$491K	$2.0M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.214%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,758.6	−0.132%	$253K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,760.9	−0.004%	$242K	$668K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,760.9	−0.004%	$118.5M	$158.9M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,759.9	−0.061%	$4.7M	$19.7M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,759.8	−0.066%	$185K	$132K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,760.1	−0.052%	$720K	$520K	10x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,760.5	−0.029%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.8	−0.010%	$1.3M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.5	−0.027%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,760.7	−0.015%	$197K	$304K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,760	−0.055%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.3	−0.040%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTXlong	+0.0112%	1h	1,761	long leg	$431K	$2.3M	10x
Kraken Futures PF_SNDKUSD	+0.0401%	1h	1,760.7	−0.016%	$127K	$346K	20x	as long as short
edgeX SNDKUSDC	+0.0890%	4h	1,758.6	−0.135%	$559K	$353K	10x	as long as short