SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.010%

Price spread now: tradeXYZ against Popdex−0.050%7-day average −0.004% · 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−$31as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Popdex Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.050%, 7d avg −0.004%

Together, before fees−0.074%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.046% cheaper against Popdex than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SNDKUSDT	1,785.1	0.0048	pay 0.0006% / 1h	33m 58s	$245K	$646K	20x
Short	tradeXYZ xyz:SNDK	1,784.2	0.0011	get 0.0001% / 1h	33m 58s	$114.3M	$146.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Popdex. 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 PopdexbpFee tradeXYZbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$7.79
Price spread: −0.050% → −0.004%: −$4.61
Slippage, 4 orders: −$2.24
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.03
Costs to cover: 0.266%
Break-even: never at this rate

Slippage from Popdex: live order book, 35 min ago; tradeXYZ: 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 Popdex live order book, 35 min ago	0.56 bp	3.8 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.56 bp	9.6 bp −$10	10.5 bp −$105	15.6 bp −$1,565	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
Entropy io:SNDK	−0.0057%	1h	1,784.4	−0.039%	$4.9M	$20.4M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,783.2	−0.106%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,783.8	−0.073%	$1.8M	$17.1M	10x	as long as short
Nado SNDK-PERP	0.0000%	1h	1,785.1	−0.002%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.1	−0.003%	$21.7M	$39.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.2	−0.050%	$286.1M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.8	−0.017%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.3	−0.045%	$85.6M	$830.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.5	−0.036%	$180.6M	$231.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.1	−0.055%	$44.0M	$166.1M	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	1,783.8	−0.073%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.109%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.2	−0.050%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.9	−0.067%	$772	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,784.6	−0.031%	$51K	$329K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,784.6	−0.028%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.4	−0.041%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,785.1	+0.001%	$670	$37K	5x	as long as short
tradeXYZ xyz:SNDKshort	+0.0011%	1h	1,784.2	−0.050%	$114.3M	$146.6M	10x
Lighter SNDK	+0.0032%	1h	1,785.6	+0.025%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.9	−0.010%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	−0.031%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.832%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.7	−0.076%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.5	−0.089%	—	$584K	10x	as long as short
Popdex SNDKUSDTlong	+0.0048%	1h	1,785.1	long leg	$245K	$646K	20x
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.093%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,784.4	−0.037%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784	−0.062%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.2	−0.053%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,783.9	−0.067%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.9	−0.069%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.094%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	−0.036%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.3	−0.044%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783	−0.115%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783.1	−0.111%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.8	−0.015%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.1	−0.002%	$171K	$1.8M	20x	as long as short