SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.018%

Price spread now: Polymarket Perps against Injective−2.220%51s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 2.220% cheaper against Injective than usual: you would sell low and buy high (spread −2.220% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$222 on $10k: about 15 months of funding at the current rate (+$1 a day). The two prices were read 51 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	Injective SNDK/USDC PERP	1,800	0.0033	pay 0.0004% / 1h	21m 42s	$36	$9K	12x
Short	Polymarket Perps SNDK-USD	1,760	0.0050	get 0.0006% / 1h	21m 42s	$185K	$128K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee Polymarket PerpsbpOrdersPrice spread, now −2.220%Rate

Funding earned: $3.5
Price spread: −2.220% → 0.000%: −$222
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$226.52
Costs to cover: 0.080%
Break-even: 460.0 days

Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 15 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 15 min ago	2.27 bp	6.3 bp −$6	6.3 bp −$63	8.7 bp −$871	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget SNDKUSDT	−0.0277%	8h	1,761.8	−2.122%	$48.2M	$166.0M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.9	−2.224%	$4.0M	$4.6M	75x	as long as short
KuCoin SNDKUSDTM	−0.0015%	8h	1,760.5	−2.193%	$6.0M	$22.5M	20x	as long as short
Nado SNDK-PERP	−0.0011%	1h	1,760.5	−2.193%	$330K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.2	−2.152%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762	−2.109%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,761.5	−2.139%	$280.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762	−2.112%	$31.8M	$103.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,761.6	−2.131%	$82.3M	$833.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.1	−2.102%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,761.7	−2.128%	$177.7M	$228.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,759.4	−2.253%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.7	−2.235%	$24K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,760.1	−2.214%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,761	−2.165%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,760.2	−2.207%	$1K	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.5	−2.138%	$51K	$354K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,758.3	−2.312%	$1.4M	$10.5M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761	−2.166%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,760.8	−2.177%	$723	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0016%	1h	1,758.3	−2.313%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,762.5	−2.079%	$1.8M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762	−2.112%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,761.3	−2.146%	$495K	$2.0M	10x	as long as short
Injective SNDK/USDC PERPlong	+0.0033%	1h	1,800	long leg	$36	$9K	12x
Arcus SNDK-USD	+0.0040%	1h	1,759.4	−2.254%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.5	−2.137%	$242K	$652K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,761.8	−2.120%	$119.7M	$157.8M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.4	−2.198%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,760	−2.220%	$185K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,760.2	−2.212%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,761.4	−2.144%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,760.5	−2.192%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,760.7	−2.181%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,761.3	−2.146%	$197K	$307K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.5	−2.247%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,760.6	−2.187%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,760.1	−2.217%	$428K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,761.6	−2.131%	$127K	$338K	20x	as long as short
edgeX SNDKUSDC	+0.0602%	4h	1,759.3	−2.258%	$559K	$350K	10x	as long as short