Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.039%
Price spread now: RISEx against Entropy+0.095%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 3 days (all we have)+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.095%, 7d avg +0.058%
=The price spread pays, funding is against you. RISEx is 0.037% dearer against Entropy than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.058%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.100%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:SNDK | 1,789.1 | 0.0050 | pay 0.0006% / 1h | 2m 07s | $4.8M | $20.4M | 10x |
| Short | RISEx SNDK/USDC | 1,790.8 | 0.0004 | get 0.0000% / 1h | 2m 07s | $171K | $1.8M | 20x |
Entropy io:SNDK
RISEx SNDK/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$9.66
- Price spread: +0.095% → +0.058%
- $3.72
- Slippage, 4 orders
- −$3.69
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$33.62
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 5 min ago; RISEx: live order book, 2 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, 5 min ago | 0.28 bp | 10.0 bp −$10 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.47 bp | 3.5 bp −$3 | 4.4 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SNDK_USDC-PERPETUAL | −0.0141% | 1h | 1,790.3 | +0.068% | $51K | $328K | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,789.2 | +0.003% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,790.7 | +0.089% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,790.2 | +0.060% | $287.1M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,790.9 | +0.099% | $32.1M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,790.8 | +0.095% | $86.7M | $832.8M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,790.2 | +0.060% | $182.4M | $235.9M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,790.2 | +0.063% | $47.9M | $164.2M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,791.3 | +0.122% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,791.4 | +0.126% | $21K | $1.1M | 10x | as long as short |
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
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 | 1,790.9 | +0.101% | $279K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,790.2 | +0.060% | $13K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,788 | −0.062% | $926 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790 | +0.049% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,790.1 | +0.054% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,789.5 | +0.023% | $1.9M | $18.5M | 10x | as long as short |
| RISEx SNDK/USDCshort | +0.0004% | 1h | 1,790.8 | +0.095% | $171K | $1.8M | 20x | |
| Nado SNDK-PERP | +0.0005% | 1h | 1,789.8 | +0.039% | $347K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,790.6 | +0.082% | $714 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,791.2 | +0.118% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,791.1 | +0.110% | $1.4M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,790.7 | +0.087% | $459K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.607% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,789.5 | +0.022% | $306K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,789.4 | +0.017% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,789.9 | +0.045% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,789.8 | +0.041% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,790.4 | +0.073% | $115.0M | $146.4M | 10x | as long as short |
| Entropy io:SNDKlong | +0.0050% | 1h | 1,789.1 | long leg | $4.8M | $20.4M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,789.7 | +0.034% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,789.7 | +0.033% | $732K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.8 | +0.095% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,789.9 | +0.044% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,789.1 | −0.003% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,789.5 | +0.025% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,792 | +0.160% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,789.9 | +0.043% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,792.4 | +0.183% | $442K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0660% | 1h | 1,790.6 | +0.084% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0796% | 4h | 1,790.8 | +0.093% | $569K | $354K | 10x | as long as short |
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
QFEX SNDK-USD
Nado SNDK-PERP
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
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC