Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h 0.000%
Price spread now: Aster against Entropy−0.068%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days+0.155%+$16 · spread now −0.068%, 7d avg +0.070%
Together, before fees+0.221%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.138% cheaper against Entropy than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.070%). If the spread goes back, that is −$14 on $10k: about 26 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.066% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:SNDK1,756−0.0428get 0.0054% / 1h54m 47s$4.6M$19.3M10x
ShortAster SNDKUSD11,754.80get 0.0000% / 8h7h 54m$21.4M$32.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$89.93
Price spread: −0.068% → +0.070%
−$13.83
Slippage, 4 orders
−$14.09
Fee Entropy: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
$36.02
Costs to cover
0.401%
Break-even
4.2 days
Slippage from Entropy: live order book, 2 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 2 min ago1.42 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 4 min ago2.27 bp6.4 bp −$613.2 bp −$132doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp−0.0598%8h1,760.3+0.245%$19K$2.1M10xas long as short
Entropy io:SNDKlong−0.0428%1h1,756long leg$4.6M$19.3M10x
Deribit SNDK_USDC-PERPETUAL−0.0320%1h1,753.6−0.139%$50K$376K10xas long as short
HTX SNDK-USDT−0.0268%8h1,753.4−0.147%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0237%8h1,753.4−0.150%$49.6M$165.6M75xas long as short
Bybit SNDKUSDT−0.0141%8h1,753.2−0.161%$31.4M$103.5M100xas long as short
BloFin SNDK-USDT−0.0120%8h1,755.1−0.054%$4.0M$4.5M75xas long as short
Nado SNDK-PERP−0.0072%1h1,757.7+0.095%$328K$1.5M10xas long as short
SoDEX SNDK-USD−0.0067%1h1,753.6−0.137%$717K$521K10xas long as short
QFEX SNDK-USD−0.0002%1h1,755.8−0.009%$1.4M$9.8M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SNDKUSDTM−0.0001%8h1,755.9−0.008%$6.0M$22.6M20xas long as short
Aster SNDKUSD1short0.0000%8h1,754.8−0.068%$21.4M$32.8M20x
Binance SNDKUSDT0.0000%8h1,753.3−0.155%$279.4M$1.85B75xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,752−0.228%$82.0M$823.1M75xas long as short
RISEx SNDK/USDC0.0000%1h1,756.8+0.045%$120K$1.5M20xas long as short
Gate SNDK_USDT0.0000%8h1,753.5−0.145%$178.4M$216.1M75xas long as short
Variational Omni SNDK0.0000%8h1,758.4+0.136%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,760.9+0.279%$274K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,755.4−0.036%$13K$289K10xas long as short
SunX SNDK-USDT0.0000%8h1,757.3+0.073%$1K$3.4M20xas long as short
Phemex SNDKUSDT0.0000%8h1,754−0.113%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0014%1h1,754−0.117%$570K10xas long as short
Aftermath Perps SNDKUSD+0.0017%1h1,760.4+0.249%$719$38K5xas long as short
Lighter SNDK+0.0032%1h1,753.7−0.132%$1.7M$16.2M20xas long as short
Lighter RH SNDK+0.0032%1h1,753.6−0.134%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,755−0.057%$454K$2.1M10xas long as short
Popdex SNDKUSDT+0.0032%1h1,755.3−0.040%$241K$642K20xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.503%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,755.2−0.048%$255K$1.5M10xas long as short
tradeXYZ xyz:SNDK+0.0042%1h1,753.5−0.142%$119.4M$156.6M10xas long as short
Paradex SNDK-USD-PERP+0.0047%8h1,757.3+0.074%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,756.3+0.017%$185K$128K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,757.7+0.097%$1.4M$5.3M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,754.4−0.091%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,753.1−0.167%$196K$307K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,761.2+0.294%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,756.3+0.017%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,758.6+0.146%$427K$2.1M10xas long as short
Kraken Futures PF_SNDKUSD+0.0285%1h1,754.8−0.068%$128K$348K20xas long as short
edgeX SNDKUSDC+0.0938%4h1,760.1+0.236%$559K$350K10xas long as short