Funding you earn now, next payment 00:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.142%
Price spread now: Entropy against edgeX−0.040%48s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−1.162%−$116 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.040%, 7d avg −0.026%
=Together, before fees−1.158%+ Points / potential airdropedgeX: Active · farm board−$116 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SNDKUSDC | 1,778 | 0.0068 | pay 0.0034% / 4h | 21m 50s | $565K | $354K | 10x |
| Short | Entropy io:SNDK | 1,777.3 | −0.0071 | pay 0.0009% / 1h | 21m 50s | $4.6M | $20.3M | 10x |
edgeX SNDKUSDC
Entropy io:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.21
- Price spread: −0.040% → −0.026%
- −$1.44
- Slippage, 4 orders
- −$12.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$70.49
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; Entropy: live order book, 5 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 edgeX live order book, 57 min ago | 5.05 bp | 9.6 bp −$10 | 11.3 bp −$113 | 46.2 bp −$4,624 | doesn't fit |
| Sell Entropy live order book, 5 min ago | 0.28 bp | 9.3 bp −$9 | doesn't fit | 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 | 1,777.6 | −0.023% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDKshort | −0.0071% | 1h | 1,777.3 | −0.040% | $4.6M | $20.3M | 10x | |
| QFEX SNDK-USD | −0.0004% | 1h | 1,777.8 | −0.011% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,778.4 | +0.023% | $22.0M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,778.3 | +0.015% | $284.0M | $1.89B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,778.3 | +0.018% | $31.7M | $105.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,778.7 | +0.038% | $87.2M | $846.0M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,778.1 | +0.005% | $184.1M | $239.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,778.4 | +0.022% | $47.9M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,778.4 | +0.021% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,778.5 | +0.027% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.8 | −0.012% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,778.3 | +0.016% | $15K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,777.4 | −0.038% | $990 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,777.7 | −0.020% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,778.4 | +0.019% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0013% | 1h | 1,778.4 | +0.022% | $771 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,778.9 | +0.051% | $175K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,778.4 | +0.020% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,777.5 | −0.028% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.234% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,777.3 | −0.043% | $286K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,777.5 | −0.029% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,778.4 | +0.021% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,777.8 | −0.012% | $113.3M | $151.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,778.2 | +0.010% | $204K | $123K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,777.9 | −0.010% | $727K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.6 | −0.024% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778 | −0.001% | $1.4M | $4.9M | 5x | as long as short |
| edgeX SNDKUSDClong | +0.0068% | 4h | 1,778 | long leg | $565K | $354K | 10x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,778 | −0.001% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.056% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,778 | −0.001% | $212K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.5 | −0.032% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,777.9 | −0.005% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,777.4 | −0.037% | $8K | $2K | 20x | as long as short |
| Lighter SNDK | +0.0136% | 1h | 1,779.1 | +0.060% | $1.6M | $16.4M | 20x | as long as short |
| Nado SNDK-PERP | +0.0169% | 1h | 1,777.4 | −0.035% | $360K | $1.4M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0391% | 1h | 1,778.9 | +0.050% | $50K | $302K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0455% | 1h | 1,779.1 | +0.061% | $129K | $406K | 20x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Nado SNDK-PERP
Deribit SNDK_USDC-PERPETUAL
Kraken Futures PF_SNDKUSD