Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against GRVT−0.231%7-day average −0.010% · 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−$43as in the Price arb table
costs, in and out, $10k−$210.209% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.418%−$42 · spread now −0.231%, 7d avg −0.010%
=Together, before fees−0.404%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.221% cheaper against GRVT than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of −0.010%). If the spread goes back, that is −$22 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.013% in total) that is about 60 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SNDK_USDT_Perp | 1,785 | 0 | get 0.0000% / 8h | 3h 48m | $17K | $1.5M | 10x |
| Short | Popdex SNDKUSDT | 1,780.9 | 0.0048 | get 0.0006% / 1h | 48m 41s | $245K | $649K | 20x |
GRVT SNDK_USDT_Perp
Popdex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against GRVT. 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
- $10.08
- Price spread: −0.231% → −0.010%
- −$22.09
- Slippage, 4 orders
- −$5.48
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$32.89
- Costs to cover
- 0.209%
- Break-even
- 29.8 days
Slippage from GRVT: live order book, 4 min ago; Popdex: 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 GRVT live order book, 4 min ago | 1.40 bp | 6.4 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 5 min ago | 0.56 bp | 3.8 bp −$4 | 7.7 bp −$77 | 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 | 1,780 | −0.282% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0118% | 1h | 1,781.9 | −0.175% | $4.9M | $19.8M | 10x | as long as short |
| Nado SNDK-PERP | −0.0050% | 1h | 1,782.4 | −0.144% | $348K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0037% | 8h | 1,781.3 | −0.207% | $6.1M | $22.1M | 20x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,781.1 | −0.222% | $1.4M | $12.5M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,785.5 | +0.029% | $436K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,781.5 | −0.198% | $21.7M | $34.1M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,780.8 | −0.236% | $283.9M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,781.4 | −0.204% | $32.2M | $101.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,781.8 | −0.180% | $83.4M | $824.3M | 75x | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
Nado SNDK-PERP
KuCoin SNDKUSDTM
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 | 1,782.4 | −0.148% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,780.1 | −0.275% | $179.5M | $228.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,781.4 | −0.201% | $43.7M | $161.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,783.1 | −0.110% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perplong | 0.0000% | 8h | 1,785 | long leg | $17K | $1.5M | 10x | |
| Phoenix SNDK | 0.0000% | 1h | 1,782.1 | −0.164% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,781.1 | −0.220% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,779.4 | −0.313% | $1K | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,781.3 | −0.207% | $51K | $345K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,780.2 | −0.272% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,780.3 | −0.263% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0005% | 1h | 1,784.7 | −0.021% | $701 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,781.6 | −0.193% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,781 | −0.225% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,781.5 | −0.198% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.837% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,782 | −0.168% | $277K | $1.4M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,780.7 | −0.241% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDTshort | +0.0048% | 1h | 1,780.9 | −0.231% | $245K | $649K | 20x | |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,781.2 | −0.211% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,780.8 | −0.236% | $117.8M | $150.1M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,780.9 | −0.231% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,780.8 | −0.236% | $728K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,781.5 | −0.197% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,780.5 | −0.251% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,781.1 | −0.220% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785 | −0.002% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,780.4 | −0.259% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,781.4 | −0.204% | $130K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0187% | 4h | 1,784.5 | −0.030% | $567K | $352K | 10x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
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
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
edgeX SNDKUSDC