SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.036%

Price spread now: Coinbase International against Deribit+0.065%7-day average +0.017% · 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−$39as in the Price arb table

costs, in and out, $10k−$440.436% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.061%+$6 on $10k

Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.065%, 7d avg +0.017%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.048% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,773.6	0	get 0.0000% / 1h	16m 00s	$49K	$259K	10x
Short	Coinbase International SNDK-PERP-INTX	1,774.8	0.0056	get 0.0007% / 1h	16m 00s	$441K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.065%Rate

Funding earned: $11.76
Price spread: +0.065% → +0.017%: $4.79
Slippage, 4 orders: −$26.56
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$27.01
Costs to cover: 0.436%
Break-even: 23.1 days

Slippage from Deribit: live order book, 3 min ago; Coinbase International: 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 Deribit live order book, 3 min ago	1.80 bp	9.6 bp −$10	14.0 bp −$140	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	1.58 bp	7.0 bp −$7	11.1 bp −$111	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	1,773	−0.037%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0058%	1h	1,773.5	−0.007%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,773.2	−0.025%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.2	+0.029%	$21.9M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.8	+0.007%	$285.3M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.9	+0.016%	$31.8M	$105.4M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.7	+0.004%	$87.4M	$842.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,773.9	+0.013%	$183.2M	$241.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.8	+0.012%	$49.6M	$169.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,773.8	+0.011%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,773.6	−0.001%	$13K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,773.6	−0.002%	$276K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.7	+0.005%	$14K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773.7	+0.006%	$843	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,773.6	long leg	$49K	$259K	10x
HTX SNDK-USDT	0.0000%	8h	1,773.5	−0.008%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.9	+0.017%	$2.8M	$983K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,774	+0.018%	$785	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,774.7	+0.061%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,774.6	+0.054%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.1	+0.025%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,773.7	+0.003%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.485%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,773.2	−0.026%	$284K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,773.3	−0.019%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,773.8	+0.010%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.7	+0.004%	$113.0M	$151.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.4	−0.013%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,773.7	+0.003%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,773.5	−0.005%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.5	−0.007%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0056%	1h	1,774.8	+0.065%	$441K	$2.4M	10x
Aevo SNDK-PERP	+0.0080%	1h	1,773.3	−0.020%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0095%	1h	1,774.1	+0.025%	$386K	$1.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,773.7	+0.005%	$213K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,773.4	−0.012%	$6.0M	$22.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,774.5	+0.048%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772.7	−0.053%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0386%	1h	1,774.2	+0.033%	$129K	$413K	20x	as long as short
edgeX SNDKUSDC	+0.0597%	4h	1,773.9	+0.017%	$563K	$355K	10x	as long as short