SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%

Price spread now: Coinbase International against Polymarket Perps+0.036%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 3 days (all we have)−0.005%$0 · spread now +0.036%, 7d avg +0.046%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.138%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,781.8	0.0050	pay 0.0006% / 1h	58m 40s	$187K	$134K	10x
Short	Coinbase International SNDK-PERP-INTX	1,782.5	0.0024	get 0.0003% / 1h	58m 40s	$435K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket Perps. 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$5.46
Price spread: +0.036% → +0.046%: −$0.99
Slippage, 4 orders: −$13.51
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$37.96
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Coinbase International: live order book, 5 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 Polymarket Perps live order book, 3 min ago	1.96 bp	6.0 bp −$6	7.3 bp −$73	9.3 bp −$926	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.66 bp	8.2 bp −$8	11.9 bp −$119	31.4 bp −$3,139	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 SNDK	−0.0045%	1h	1,784.4	+0.146%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,784.6	+0.156%	$1.6M	$15.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.6	+0.212%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,785.5	+0.205%	$285.7M	$1.81B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.5	+0.209%	$32.1M	$99.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,785.4	+0.202%	$85.3M	$821.9M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,785.8	+0.227%	$170K	$1.8M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.8	+0.169%	$180.1M	$230.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.4	+0.148%	$43.8M	$163.6M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.2	+0.137%	$2.6M	$4.7M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.5	+0.209%	$19K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,782.3	+0.028%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,781.5	−0.019%	$857	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,783.2	+0.078%	$50K	$332K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.2	+0.076%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,783.7	+0.105%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,784.6	+0.157%	$664	$37K	5x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0024%	1h	1,782.5	+0.036%	$435K	$2.3M	10x
Lighter SNDK	+0.0032%	1h	1,785.4	+0.203%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.8	+0.168%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	+0.154%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.019%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,782.8	+0.054%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,781.8	+0.002%	—	$584K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.3	+0.140%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.1	+0.185%	$246K	$645K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,784.5	+0.152%	$114.4M	$146.0M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,784.3	+0.140%	$4.9M	$20.5M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,781.8	long leg	$187K	$134K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,783	+0.069%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.3	+0.140%	$1.4M	$5.0M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,783.1	+0.071%	$130K	$355K	20x	as long as short
Nado SNDK-PERP	+0.0060%	1h	1,783.3	+0.086%	$359K	$1.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,782.7	+0.052%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,784.7	+0.162%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,783.8	+0.114%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.5	+0.149%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.3	+0.025%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0591%	4h	1,784.5	+0.152%	$567K	$354K	10x	as long as short