SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.036%

Price spread now: Pacifica against Phoenix+0.040%47s7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as 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−$390.385% of the position

Long on Phoenix Short on Pacifica

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)+0.073%+$7 · spread now +0.040%, 7d avg −0.017%

Together, before fees+0.165%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.056% dearer against Phoenix than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 47 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	Phoenix SNDK	1,761.4	0	get 0.0000% / 1h	20m 40s	$274K	$189K	15x
Short	Pacifica SNDK	1,762.1	0.0100	get 0.0013% / 1h	20m 40s	$197K	$306K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. 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 PhoenixbpFee PacificabpOrdersPrice spread, now +0.040%Rate

Funding earned: $21
Price spread: +0.040% → −0.017%: $5.64
Slippage, 4 orders: −$23.54
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$11.89
Costs to cover: 0.385%
Break-even: 11.0 days

Slippage from Phoenix: live order book, 28 min ago; Pacifica: live order book, 30 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 Phoenix live order book, 28 min ago	3.42 bp	12.2 bp −$12	26.0 bp −$260	doesn't fit	doesn't fit
Sell Pacifica live order book, 30 min ago	0.86 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit

SNDK on 40 exchanges

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	1,762	+0.033%	$4.0M	$4.6M	75x	as long as short
Bitget SNDKUSDT	−0.0029%	8h	1,762.1	+0.039%	$49.7M	$168.2M	75x	as long as short
Nado SNDK-PERP	−0.0028%	1h	1,762.3	+0.050%	$325K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,762.1	+0.041%	$21.5M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,762.5	+0.064%	$279.7M	$1.85B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,762.6	+0.065%	$31.6M	$105.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.1	+0.040%	$82.3M	$826.1M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,763.2	+0.103%	$137K	$1.5M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,762.2	+0.044%	$181.8M	$218.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,761.5	+0.006%	$2.7M	$4.7M	—	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SNDKlong	0.0000%	1h	1,761.4	long leg	$274K	$189K	15x
Bullet SNDK-USD	0.0000%	1h	1,762.1	+0.040%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,762.2	+0.047%	$994	$3.1M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,761.1	−0.016%	$37K	$387K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,761.1	−0.016%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,761.8	+0.023%	$2.8M	$1.1M	50x	as long as short
QFEX SNDK-USD	0.0000%	1h	1,762	+0.032%	$1.5M	$9.4M	10x	as long as short
GRVT SNDK_USDT_Perp	+0.0005%	8h	1,761.7	+0.018%	$21K	$2.4M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0013%	1h	1,762.1	+0.041%	$725	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.4	+0.055%	$1.2M	$9.6M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.4	+0.055%	$392K	$2.3M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+2.189%	$36	$9K	12x	as long as short
Lighter SNDK	+0.0040%	1h	1,762.9	+0.086%	$1.7M	$16.7M	20x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,761.6	+0.013%	$270K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,762.1	+0.040%	—	$569K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,762.4	+0.057%	$244K	$681K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762	+0.034%	$120.0M	$155.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,762	+0.034%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,762.1	+0.040%	$186K	$130K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,761.8	+0.023%	$723K	$517K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762.1	+0.039%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,761.5	+0.006%	$1.4M	$5.4M	5x	as long as short
edgeX SNDKUSDC	+0.0078%	4h	1,762.6	+0.070%	$560K	$338K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,762.1	+0.040%	$1K	—	10x	as long as short
KuCoin SNDKUSDTM	+0.0089%	8h	1,760.7	−0.039%	$6.1M	$22.8M	20x	as long as short
Pacifica SNDKshort	+0.0100%	1h	1,762.1	+0.040%	$197K	$306K	10x
ApeX Omni SNDKUSDT	+0.0100%	1h	1,761.8	+0.022%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,761.4	+0.001%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0136%	1h	1,764.7	+0.188%	$442K	$2.1M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0553%	1h	1,761	−0.024%	$163K	$385K	20x	as long as short