Funding you earn now, next payment 05:00 UTC+0.0448%/8h= +49.1% APRpaid last 24h +0.126%
Price spread now: edgeX against Entropy+0.131%48s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs+$73as 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−$410.406% of the position
Funding, last 7 days+1.141%+$114 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.131%, 7d avg +0.025%
=Together, before fees+1.053%+ Points / potential airdropedgeX: Active · farm board+$105 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.106% dearer against Entropy than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.025%. 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 | Entropy io:SNDK | 1,774.7 | −0.0038 | get 0.0005% / 1h | 24m 46s | $4.8M | $19.7M | 10x |
| Short | edgeX SNDKUSDC | 1,777 | 0.0410 | get 0.0205% / 4h | 3h 24m | $564K | $351K | 10x |
Entropy io:SNDK
edgeX SNDKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $94.08
- Price spread: +0.131% → +0.025%
- $10.61
- Slippage, 4 orders
- −$13.62
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $64.07
- Costs to cover
- 0.406%
- Break-even
- 2.2 days
Slippage from Entropy: live order book, 2 min ago; edgeX: live order book, 29 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, 2 min ago | 1.13 bp | 10.3 bp −$10 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 5.04 bp | 9.6 bp −$10 | 11.5 bp −$115 | 47.3 bp −$4,733 | 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 | 1,772.8 | −0.108% | $3.9M | $4.4M | 75x | as long as short |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,773.5 | −0.067% | $6.1M | $22.0M | 20x | as long as short |
| Entropy io:SNDKlong | −0.0038% | 1h | 1,774.7 | long leg | $4.8M | $19.7M | 10x | |
| Nado SNDK-PERP | −0.0033% | 1h | 1,772.6 | −0.121% | $345K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,771.9 | −0.157% | $1.4M | $12.0M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.1 | −0.035% | $431K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,775 | +0.019% | $21.7M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,772.4 | −0.128% | $281.7M | $1.81B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,772.5 | −0.126% | $32.2M | $101.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,771.9 | −0.158% | $82.1M | $824.6M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,773.9 | −0.043% | $169K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,772.5 | −0.124% | $176.8M | $230.3M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,771.8 | −0.166% | $44.3M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,774.1 | −0.036% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.9 | +0.178% | $20K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.5 | +0.158% | $277K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,772.5 | −0.122% | $14K | $286K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,771.4 | −0.186% | $944 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,772.8 | −0.110% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,772.1 | −0.148% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,772.8 | −0.105% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0008% | 1h | 1,776.3 | +0.089% | $734 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,773.5 | −0.066% | $1.7M | $15.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,773.1 | −0.090% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,771.8 | −0.165% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.423% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,773.6 | −0.065% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,770.7 | −0.224% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,772.7 | −0.113% | $244K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,772.1 | −0.144% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,772.5 | −0.124% | $117.2M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,772.2 | −0.141% | $186K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,773.1 | −0.090% | $725K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,771.5 | −0.180% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,772.2 | −0.141% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,772.5 | −0.125% | $197K | $288K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,776.8 | +0.118% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,772.2 | −0.140% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,772.8 | −0.108% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDCshort | +0.0410% | 4h | 1,777 | +0.131% | $564K | $351K | 10x |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD