SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h +0.016%

Price spread now: Popdex against Injective−2.448%46s7-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 Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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. Popdex is 2.448% cheaper against Injective than usual: you would sell low and buy high (spread −2.448% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$245 on $10k: about 19 months of funding at the current rate ($0 a day). The two prices were read 46 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	28m 05s	$36	$9K	12x
Short	Popdex SNDKUSDT	1,755.9	0.0048	get 0.0006% / 1h	28m 05s	$242K	$656K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −2.448%Rate

Funding earned: $3.08
Price spread: −2.448% → 0.000%: −$244.78
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$248.12
Costs to cover: 0.064%
Break-even: 570.9 days

Slippage unknown: Injective: no order-book sample; Popdex: live order book, 21 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 Popdex live order book, 21 min ago	0.56 bp	6.9 bp −$7	10.7 bp −$107	doesn't fit	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	−0.0253%	8h	1,756.3	−2.426%	$44.5M	$162.4M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,760.1	−2.214%	$4.0M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,756	−2.445%	$6.0M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0013%	1h	1,757.9	−2.337%	$4.7M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,754.8	−2.510%	$1.4M	$10.7M	10x	as long as short
Nado SNDK-PERP	−0.0001%	1h	1,756.7	−2.404%	$329K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,757.3	−2.373%	$21.5M	$33.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,756.5	−2.416%	$279.1M	$1.84B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,756.5	−2.415%	$31.6M	$103.2M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,756.5	−2.414%	$81.4M	$826.0M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,756.3	−2.427%	$120K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,756.5	−2.413%	$175.1M	$230.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.8	−2.289%	$2.5M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,760	−2.222%	$15K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,760.4	−2.198%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,755.6	−2.466%	$14K	$288K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,755.2	−2.489%	$839	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,755.5	−2.471%	$50K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,755.1	−2.495%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,756.1	−2.437%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0008%	1h	1,753.7	−2.568%	—	$584K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0014%	1h	1,759.9	−2.228%	$655	$38K	5x	as long as short
Pacifica SNDK	+0.0024%	1h	1,756.4	−2.421%	$195K	$303K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,756.8	−2.397%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,754.9	−2.504%	$419K	$1.9M	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	1,758.6	−2.299%	$262K	$1.4M	10x	as long as short
Popdex SNDKUSDTshort	+0.0048%	1h	1,755.9	−2.448%	$242K	$656K	20x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,755.4	−2.474%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,756.5	−2.414%	$117.3M	$156.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,755.3	−2.481%	$184K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,755.3	−2.481%	$718K	$513K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,756.2	−2.431%	$1.3M	$5.1M	5x	as long as short
Lighter SNDK	+0.0064%	1h	1,757.2	−2.377%	$1.7M	$16.2M	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,758.9	−2.281%	$433K	$2.3M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,755.4	−2.475%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,756.4	−2.419%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,754.5	−2.527%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,755.4	−2.474%	$126K	$354K	20x	as long as short
edgeX SNDKUSDC	+0.0180%	4h	1,757.2	−2.374%	$558K	$353K	10x	as long as short