Funding you earn now, next payment 23:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.043%
Price spread now: Binance against Entropy+0.070%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 2 days (all we have)+0.034%+$3 · spread now +0.070%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.053% dearer against Entropy than usual: you sell high and buy low, +$5 on $10k if it 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 | Entropy io:SNDK | 1,773.6 | 0.0006 | pay 0.0001% / 1h | 26m 31s | $4.6M | $20.5M | 10x |
| Short | Binance SNDKUSDT | 1,774.8 | 0 | get 0.0000% / 8h | 1h 26m | $286.2M | $1.88B | 75x |
Entropy io:SNDK
Binance SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Entropy. 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
- −$1.23
- Price spread: +0.070% → +0.017%
- $5.33
- Slippage, 4 orders
- −$3.05
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.95
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Entropy: live order book, just now; Binance: 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 Entropy live order book, just now | 0.28 bp | 11.0 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.03 bp | 5.7 bp −$6 | 6.9 bp −$69 | 17.3 bp −$1,731 | 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 | 1,774.9 | +0.072% | $4.1M | $4.5M | 75x | as long as short |
| QFEX SNDK-USD | −0.0007% | 1h | 1,774.6 | +0.056% | $2.2M | $21.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,774.9 | +0.074% | $21.9M | $44.5M | 20x | as long as short |
| Binance SNDKUSDTshort | 0.0000% | 8h | 1,774.8 | +0.070% | $286.2M | $1.88B | 75x | |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,775.1 | +0.086% | $31.9M | $105.5M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.2 | +0.090% | $87.6M | $842.8M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,775 | +0.077% | $183.2M | $241.6M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775 | +0.078% | $49.6M | $169.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773 | −0.034% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,774.8 | +0.067% | $21K | $1.0M | 10x | as long as short |
BloFin SNDK-USDT
QFEX SNDK-USD
Aster SNDKUSD1
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_PerpShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SNDK | 0.0000% | 1h | 1,774.4 | +0.045% | $276K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,774.9 | +0.071% | $13K | $293K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.8 | +0.069% | $790 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,774.7 | +0.063% | $49K | $255K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,774.6 | +0.054% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775 | +0.076% | $2.8M | $975K | 50x | as long as short |
| Entropy io:SNDKlong | +0.0006% | 1h | 1,773.6 | long leg | $4.6M | $20.5M | 10x | |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,773.7 | +0.006% | $747 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0015% | 1h | 1,775.6 | +0.115% | $167K | $1.8M | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,775.6 | +0.110% | $1.5M | $16.2M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,775.1 | +0.083% | $1.4M | $10.2M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,774.5 | +0.048% | $410K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.486% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,774.2 | +0.032% | $284K | $1.7M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,774.1 | +0.027% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,774.9 | +0.073% | $245K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,774.9 | +0.073% | $113.1M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,774.6 | +0.056% | $197K | $89K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,774.8 | +0.067% | $725K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,774.7 | +0.063% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,774.1 | +0.028% | $1.4M | $4.9M | 5x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0056% | 1h | 1,774.3 | +0.040% | $441K | $2.4M | 10x | as long as short |
| Nado SNDK-PERP | +0.0076% | 1h | 1,774.8 | +0.067% | $385K | $1.4M | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,774.6 | +0.056% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,774.6 | +0.055% | $213K | $283K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,774.1 | +0.026% | $6.0M | $22.5M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,775.4 | +0.104% | $68K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.3 | +0.041% | $8K | $2K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0385% | 1h | 1,775.2 | +0.092% | $129K | $415K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0782% | 4h | 1,774 | +0.022% | $563K | $353K | 10x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter SNDK
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
Coinbase International SNDK-PERP-INTX
Nado SNDK-PERP
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC