SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0133%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.003%

Price spread now: Arcus against Entropy−0.065%7-day average −0.002% · 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−$46as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Entropy Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.058%+$6 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.065%, 7d avg −0.002%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.063% cheaper against Entropy than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.002%). If the spread goes back, that is −$6 on $10k: about 38 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.058% in total) that is about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,789	−0.0093	get 0.0012% / 1h	24m 12s	$4.9M	$19.9M	10x
Short	Arcus SNDK-USD	1,787.8	0.0040	get 0.0005% / 1h	24m 12s	$278K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Entropy. 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 EntropybpFee ArcusbpOrdersPrice spread, now −0.065%Rate

Funding earned: $27.89
Price spread: −0.065% → −0.002%: −$6.33
Slippage, 4 orders: −$17.43
Fee Entropy: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$18.38
Costs to cover: 0.399%
Break-even: 11.6 days

Slippage from Entropy: live order book, 1 min ago; Arcus: 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 Entropy live order book, 1 min ago	0.28 bp	10.2 bp −$10	12.4 bp −$124	doesn't fit	doesn't fit
Sell Arcus live order book, 5 min ago	1.03 bp	8.0 bp −$8	10.7 bp −$107	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	1,788.7	−0.015%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDKlong	−0.0093%	1h	1,789	long leg	$4.9M	$19.9M	10x
Phoenix SNDK	−0.0089%	1h	1,789.9	+0.050%	$279K	$193K	15x	as long as short
Nado SNDK-PERP	−0.0081%	1h	1,789.8	+0.044%	$311K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,788.7	−0.015%	$1.4M	$13.4M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.184%	$439K	$2.3M	10x	as long as short
KuCoin SNDKUSDTM	−0.0003%	8h	1,788.2	−0.044%	$6.1M	$22.4M	20x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,789.3	+0.019%	$21.8M	$36.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,789.5	+0.030%	$287.1M	$1.79B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,789.6	+0.035%	$32.5M	$100.1M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,789.5	+0.028%	$84.6M	$826.4M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,790.2	+0.065%	$170K	$1.7M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,789.1	+0.007%	$180.3M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,789.1	+0.007%	$43.9M	$161.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,788.3	−0.042%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.5	+0.026%	$16K	$1.4M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,789	−0.001%	$15K	$289K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.2	−0.046%	$798	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,789.3	+0.017%	$51K	$344K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,788.5	−0.029%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,789.5	+0.030%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,789.4	+0.021%	$666	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,790.3	+0.070%	$1.7M	$15.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,789.7	+0.037%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,789.3	+0.019%	$490K	$1.8M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.613%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,787.8	−0.065%	$278K	$1.4M	10x
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,789.7	+0.042%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,788.9	−0.008%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,789.1	+0.006%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789	+0.001%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,789.2	+0.011%	$115.2M	$146.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,788.8	−0.011%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,789.1	+0.008%	$731K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.2	+0.011%	$1.4M	$5.0M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,788.8	−0.012%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,789.2	+0.014%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790	+0.054%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,788.3	−0.039%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0997%	4h	1,788.9	−0.003%	$568K	$351K	10x	as long as short