Funding you earn now, next payment 03:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.026%
Price spread now: Entropy against Popdex−0.028%50s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
Funding, last 4 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.028%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 50 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 | Popdex SNDKUSDT | 1,786.1 | 0.0048 | pay 0.0006% / 1h | 53m 50s | $246K | $644K | 20x |
| Short | Entropy io:SNDK | 1,785.6 | 0.0006 | get 0.0001% / 1h | 53m 50s | $4.9M | $20.3M | 10x |
Popdex SNDKUSDT
Entropy io:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Popdex. 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
- −$8.92
- Price spread: −0.028% → −0.037%
- $0.91
- Slippage, 4 orders
- −$4.63
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$37.04
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 10 min ago; Entropy: live order book, 3 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 Popdex live order book, 10 min ago | 0.56 bp | 3.8 bp −$4 | 5.3 bp −$53 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 3 min ago | 0.28 bp | 11.7 bp −$12 | doesn't fit | 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 SNDK | −0.0045% | 1h | 1,784.5 | −0.090% | $278K | $193K | 15x | as long as short |
| QFEX SNDK-USD | −0.0023% | 1h | 1,786 | −0.004% | $1.6M | $15.2M | 10x | as long as short |
| Nado SNDK-PERP | −0.0003% | 1h | 1,787 | +0.052% | $359K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,786.3 | +0.011% | $21.8M | $37.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,785.9 | −0.013% | $285.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,786.4 | +0.015% | $32.1M | $99.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,786.3 | +0.011% | $85.4M | $822.2M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,787.4 | +0.071% | $170K | $1.8M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,785.8 | −0.018% | $180.1M | $230.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,785.7 | −0.024% | $43.8M | $163.6M | 75x | as long as short |
Phoenix SNDK
QFEX SNDK-USD
Nado SNDK-PERP
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDTShow 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 | −0.078% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,785.3 | −0.044% | $11K | $1.2M | 10x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,786.1 | −0.002% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,785.4 | −0.042% | $934 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,786.3 | +0.009% | $51K | $332K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,785.6 | −0.031% | $1.4M | $10.3M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,786.2 | +0.006% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0003% | 1h | 1,785.5 | −0.035% | $664 | $37K | 5x | as long as short |
| Entropy io:SNDKshort | +0.0006% | 1h | 1,785.6 | −0.028% | $4.9M | $20.3M | 10x | |
| Coinbase International SNDK-PERP-INTX | +0.0024% | 1h | 1,782.5 | −0.204% | $435K | $2.3M | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,787.2 | +0.061% | $1.7M | $16.0M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,787 | +0.052% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,786.6 | +0.029% | $477K | $1.7M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.776% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,784 | −0.118% | $311K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,785.4 | −0.040% | — | $581K | 10x | as long as short |
| Popdex SNDKUSDTlong | +0.0048% | 1h | 1,786.1 | long leg | $246K | $644K | 20x | |
| Paradex SNDK-USD-PERP | +0.0048% | 8h | 1,786.2 | +0.006% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,786.4 | +0.017% | $114.5M | $145.5M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,785.8 | −0.017% | $187K | $134K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,785.7 | −0.022% | $730K | $515K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,786.1 | 0.000% | $1.4M | $5.0M | 5x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0058% | 1h | 1,786.6 | +0.028% | $130K | $352K | 20x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,785.8 | −0.019% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0094% | 1h | 1,786.3 | +0.014% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,785.5 | −0.032% | $6.1M | $21.7M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,785.8 | −0.015% | $69K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,785.7 | −0.023% | $8K | $3K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0338% | 4h | 1,784.7 | −0.080% | $567K | $351K | 10x | as long as short |
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Coinbase International SNDK-PERP-INTX
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Kraken Futures PF_SNDKUSD
Aevo SNDK-PERP
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
edgeX SNDKUSDC