SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%

Price spread now: Popdex against Phoenix+0.056%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Phoenix Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.300%+$30 · spread now +0.056%, 7d avg −0.005%

Together, before fees+0.409%+$41 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 Popdex is 0.061% dearer against Phoenix than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SNDK	1,784.5	−0.0045	get 0.0006% / 1h	55m 30s	$278K	$193K	15x
Short	Popdex SNDKUSDT	1,785.5	0.0048	get 0.0006% / 1h	55m 30s	$246K	$644K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.056%Rate

Funding earned: $19.47
Price spread: +0.056% → −0.005%: $6.07
Slippage, 4 orders: −$19.3
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$7.16
Costs to cover: 0.327%
Break-even: 9.6 days

Slippage from Phoenix: live order book, 5 min ago; Popdex: live order book, 9 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, 5 min ago	3.93 bp	12.6 bp −$13	27.4 bp −$274	doesn't fit	doesn't fit
Sell Popdex live order book, 9 min ago	0.56 bp	3.8 bp −$4	9.8 bp −$98	doesn't fit	doesn't fit

SNDK on 39 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
Phoenix SNDKlong	−0.0045%	1h	1,784.5	long leg	$278K	$193K	15x
QFEX SNDK-USD	−0.0023%	1h	1,785.3	+0.042%	$1.6M	$15.3M	10x	as long as short
Nado SNDK-PERP	0.0000%	1h	1,786.4	+0.107%	$359K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.9	+0.076%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.5	+0.057%	$285.8M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,786	+0.086%	$32.1M	$99.6M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.8	+0.073%	$85.4M	$822.0M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,786.5	+0.110%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,785.5	+0.057%	$180.1M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,785.2	+0.040%	$43.8M	$163.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,784.7	+0.012%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.3	+0.046%	$11K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,785.5	+0.057%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.1	+0.035%	$918	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,785.9	+0.076%	$51K	$332K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,785.1	+0.035%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,785.1	+0.035%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,785.3	+0.043%	$664	$37K	5x	as long as short
Entropy io:SNDK	+0.0017%	1h	1,785	+0.028%	$4.9M	$20.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,782.5	−0.115%	$435K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,786.7	+0.123%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,786	+0.082%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785.9	+0.076%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.866%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.8	−0.040%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.8	+0.018%	—	$581K	10x	as long as short
Popdex SNDKUSDTshort	+0.0048%	1h	1,785.5	+0.056%	$246K	$644K	20x
Paradex SNDK-USD-PERP	+0.0048%	8h	1,785.6	+0.064%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,785.5	+0.056%	$114.5M	$146.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.3	+0.045%	$187K	$134K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,785.1	+0.033%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,785.1	+0.034%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,786.1	+0.090%	$130K	$352K	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,785	+0.030%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,785.6	+0.059%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785	+0.027%	$6.1M	$21.6M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,785.8	+0.075%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,784.7	+0.011%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0338%	4h	1,784.7	+0.010%	$567K	$351K	10x	as long as short