SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.037%

Price spread now: Phoenix against Pacifica−0.051%107s7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as 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−$400.399% of the position

Long on Pacifica Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now −0.051%, 7d avg +0.018%

Together, before fees−0.234%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phoenix is 0.069% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 107 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	Pacifica SNDK	1,757.9	0.0100	pay 0.0013% / 1h	3m 43s	$197K	$307K	10x
Short	Phoenix SNDK	1,757	0	get 0.0000% / 1h	3m 43s	$274K	$193K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Pacifica. 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 PacificabpFee PhoenixbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$21
Price spread: −0.051% → +0.018%: −$6.93
Slippage, 4 orders: −$24.93
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$67.86
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from Pacifica: live order book, 30 min ago; Phoenix: live order book, 27 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 Pacifica live order book, 30 min ago	0.86 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 27 min ago	4.02 bp	12.8 bp −$13	27.7 bp −$277	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
Bitget SNDKUSDT	−0.0150%	8h	1,758.3	+0.020%	$49.5M	$168.1M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,759.4	+0.085%	$3.9M	$4.6M	75x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,758	+0.003%	$1.4M	$9.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,758.7	+0.047%	$21.4M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,758.3	+0.025%	$279.3M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,758.8	+0.049%	$31.9M	$105.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,758.2	+0.017%	$82.1M	$825.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,759	+0.061%	$136K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,758.3	+0.025%	$180.3M	$222.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.4	+0.028%	$2.5M	$4.8M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,758.8	+0.051%	$21K	$2.3M	10x	as long as short
Phoenix SNDKshort	0.0000%	1h	1,757	−0.051%	$274K	$193K	15x
Bullet SNDK-USD	0.0000%	1h	1,758.4	+0.029%	$13K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,758.6	+0.040%	$881	$3.2M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,758.9	+0.056%	$51K	$355K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,757.9	−0.001%	$1.4M	$9.9M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,758.3	+0.025%	$2.8M	$1.1M	50x	as long as short
KuCoin SNDKUSDTM	+0.0010%	8h	1,757.6	−0.019%	$6.0M	$22.6M	20x	as long as short
Nado SNDK-PERP	+0.0015%	1h	1,758.9	+0.060%	$336K	$1.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0015%	1h	1,757.7	−0.009%	$672	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,759.3	+0.077%	$1.7M	$16.7M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,758.6	+0.038%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,758.1	+0.010%	$389K	$2.2M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.393%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0036%	1h	1,758.4	+0.029%	—	$573K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,757.6	−0.018%	$270K	$1.4M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,758.6	+0.040%	$242K	$666K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,758.2	+0.017%	$119.3M	$159.3M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,757.8	−0.006%	$4.5M	$19.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,757.9	0.000%	$185K	$130K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,758.5	+0.034%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0051%	8h	1,758.6	+0.038%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,758	+0.006%	$1K	—	10x	as long as short
Pacifica SNDKlong	+0.0100%	1h	1,757.9	long leg	$197K	$307K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,757.4	−0.031%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,758	+0.006%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,758.7	+0.046%	$440K	$2.1M	10x	as long as short
SoDEX SNDK-USD	+0.0165%	1h	1,758.6	+0.038%	$719K	$515K	10x	as long as short
edgeX SNDKUSDC	+0.0255%	4h	1,758	+0.003%	$559K	$348K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0284%	1h	1,759.1	+0.067%	$128K	$341K	20x	as long as short