SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.035%

Price spread now: Polymarket Perps against Deribit−0.027%7-day average −0.028% · 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−$42as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.027%, 7d avg −0.028%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,785.6	0	get 0.0000% / 1h	57m 47s	$51K	$332K	10x
Short	Polymarket Perps SNDK-USD	1,785.1	0.0050	get 0.0006% / 1h	57m 47s	$187K	$134K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.027%Rate

Funding earned: $10.5
Price spread: −0.027% → −0.028%: $0.07
Slippage, 4 orders: −$26.92
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$31.35
Costs to cover: 0.419%
Break-even: 27.9 days

Slippage from Deribit: live order book, 6 min ago; Polymarket Perps: live order book, 4 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, 6 min ago	7.42 bp	11.3 bp −$11	14.3 bp −$143	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.96 bp	8.1 bp −$8	8.4 bp −$84	10.3 bp −$1,030	doesn't fit

SNDK on 39 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
Phoenix SNDK	−0.0045%	1h	1,784.4	−0.067%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,784.6	−0.057%	$1.6M	$15.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.5	−0.003%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.1	−0.026%	$285.7M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.5	−0.004%	$32.1M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.2	−0.022%	$85.3M	$821.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,785.8	+0.014%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.8	−0.047%	$180.1M	$230.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.1	−0.030%	$43.8M	$163.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.2	−0.075%	$2.6M	$4.7M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	−0.003%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.2	−0.022%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,784.6	−0.057%	$808	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,785.6	long leg	$51K	$332K	10x
HTX SNDK-USDT	0.0000%	8h	1,784.7	−0.052%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785	−0.031%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,784.9	−0.041%	$664	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,782.5	−0.176%	$435K	$2.3M	10x	as long as short
Nado SNDK-PERP	+0.0032%	1h	1,785.4	−0.009%	$359K	$1.4M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.5	−0.007%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.9	−0.040%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785	−0.035%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.805%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.2	−0.136%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.8	−0.103%	—	$581K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.9	−0.039%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.1	−0.027%	$246K	$645K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,784.7	−0.050%	$114.5M	$146.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,784.6	−0.055%	$4.9M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,785.1	−0.027%	$187K	$134K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,784.1	−0.083%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	−0.072%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,785.9	+0.019%	$130K	$354K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,784.8	−0.045%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,785	−0.033%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.2	−0.079%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.5	−0.063%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.5	−0.059%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0591%	4h	1,784.5	−0.060%	$567K	$354K	10x	as long as short