Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: RISEx against Polymarket Perps+0.037%7-day average +0.088% · 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−$29as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 4 days (all we have)+0.110%+$11 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.037%, 7d avg +0.088%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.052% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.088%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.110%, 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 | 1,769.3 | 0.0050 | pay 0.0006% / 1h | 18m 28s | $185K | $132K | 10x |
| Short | RISEx SNDK/USDC | 1,769.9 | 0 | get 0.0000% / 1h | 18m 28s | $122K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.037% → +0.088%
- −$5.18
- Slippage, 4 orders
- −$9.88
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$39.56
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 33 min ago; RISEx: live order book, just now.
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, 33 min ago | 1.96 bp | 6.0 bp −$6 | 6.9 bp −$69 | 8.9 bp −$890 | doesn't fit |
| Sell RISEx live order book, just now | 1.84 bp | 4.8 bp −$5 | 5.8 bp −$58 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,771.1 | +0.099% | $3.9M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0053% | 1h | 1,771.1 | +0.102% | $4.8M | $19.8M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0047% | 8h | 1,769.9 | +0.034% | $6.1M | $22.0M | 20x | as long as short |
| Nado SNDK-PERP | −0.0019% | 1h | 1,770.5 | +0.067% | $340K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,769.5 | +0.010% | $1.4M | $11.9M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,774.1 | +0.270% | $434K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,770.4 | +0.065% | $21.6M | $32.3M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,769.8 | +0.029% | $280.5M | $1.82B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,769.7 | +0.020% | $31.9M | $102.1M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,770.1 | +0.045% | $82.1M | $825.7M | 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/USDCshort | 0.0000% | 1h | 1,769.9 | +0.037% | $122K | $1.6M | 20x | |
| Gate SNDK_USDT | 0.0000% | 8h | 1,769.6 | +0.015% | $176.8M | $231.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,770 | +0.039% | $44.3M | $162.7M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,773.3 | +0.227% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,772.9 | +0.205% | $14K | $1.6M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,770.4 | +0.062% | $276K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,769.9 | +0.034% | $14K | $287K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,770.6 | +0.075% | $887 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,771.1 | +0.102% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,771.1 | +0.103% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0009% | 1h | 1,772.4 | +0.176% | $659 | $38K | 5x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0021% | 1h | 1,771.4 | +0.121% | $51K | $346K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,770.7 | +0.078% | $1.7M | $15.9M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,770.2 | +0.050% | $1.4M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,769.4 | +0.005% | $428K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.733% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,770.9 | +0.089% | $264K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0043% | 1h | 1,767.5 | −0.101% | — | $578K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,769.8 | +0.028% | $244K | $652K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,769.3 | +0.001% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,769.9 | +0.034% | $117.1M | $152.3M | 10x | as long as short |
| Polymarket Perps SNDK-USDlong | +0.0050% | 1h | 1,769.3 | long leg | $185K | $132K | 10x | |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,771.1 | +0.101% | $724K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,770.3 | +0.057% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,770.9 | +0.093% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,770 | +0.038% | $197K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,773.1 | +0.215% | $68K | $271K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,770.1 | +0.045% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,771.3 | +0.115% | $128K | $353K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0582% | 4h | 1,772.9 | +0.203% | $563K | $352K | 10x | as long as short |
Polymarket Perps SNDK-USD
RISEx SNDK/USDC
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Deribit SNDK_USDC-PERPETUAL
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC