SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0217%/8h= −23.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.016%

Price spread now: Arcus against RISEx−0.076%7-day average −0.076% · 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−$24as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.043%−$4 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.076%, 7d avg −0.076%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.043% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,785.7	0.0257	pay 0.0032% / 1h	19m 08s	$164K	$1.8M	20x
Short	Arcus SNDK-USD	1,784.3	0.0040	get 0.0005% / 1h	19m 08s	$312K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$45.6
Price spread: −0.076% → −0.076%: $0.07
Slippage, 4 orders: −$13.62
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$69.64
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Arcus: 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 RISEx live order book, 5 min ago	0.50 bp	3.5 bp −$4	4.8 bp −$48	doesn't fit	doesn't fit
Sell Arcus live order book, 5 min ago	0.67 bp	10.7 bp −$11	14.2 bp −$142	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
Deribit SNDK_USDC-PERPETUAL	−0.0120%	1h	1,784.5	−0.067%	$51K	$331K	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,785.1	−0.032%	$278K	$193K	15x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,785.4	−0.015%	$4.9M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.2	−0.080%	$1.7M	$16.5M	10x	as long as short
Nado SNDK-PERP	−0.0022%	1h	1,785.3	−0.018%	$360K	$1.4M	10x	as long as short
tradeXYZ xyz:SNDK	−0.0007%	1h	1,784.1	−0.088%	$114.3M	$146.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,785.9	+0.011%	$21.8M	$37.2M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.5	−0.066%	$285.8M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,785.1	−0.031%	$32.1M	$99.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.6	−0.060%	$85.5M	$828.3M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,784.5	−0.063%	$180.7M	$232.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.5	−0.066%	$44.0M	$164.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.089%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,786.6	+0.054%	$13K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.1	−0.088%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.5	−0.123%	$1K	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.8	−0.106%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.1	−0.086%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786.2	+0.028%	$701	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.4	−0.013%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785	−0.040%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,785	−0.037%	$477K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.800%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,784.3	−0.076%	$312K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,784.3	−0.075%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.3	−0.077%	$245K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,784.3	−0.078%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784	−0.094%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,784.1	−0.089%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,787.5	+0.102%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.8	−0.107%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,784.2	−0.085%	$436K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	−0.063%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.1	−0.031%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,784.6	−0.060%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.2	−0.029%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.6	−0.060%	$130K	$357K	20x	as long as short
RISEx SNDK/USDClong	+0.0257%	1h	1,785.7	long leg	$164K	$1.8M	20x
edgeX SNDKUSDC	+0.0883%	4h	1,784.9	−0.044%	$567K	$352K	10x	as long as short