SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.039%

Price spread now: Entropy against RISEx−0.178%7-day average −0.058% · 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−$42as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on RISEx Short on Entropy

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.178%, 7d avg −0.058%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Entropy is 0.120% cheaper against RISEx than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.058%). If the spread goes back, that is −$12 on $10k: about 8.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,785.9	0.0004	pay 0.0000% / 1h	48m 58s	$175K	$1.8M	20x
Short	Entropy io:SNDK	1,782.7	0.0050	get 0.0006% / 1h	48m 58s	$4.7M	$19.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy 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 EntropybpOrdersPrice spread, now −0.178%Rate

Funding earned: $9.66
Price spread: −0.178% → −0.058%: −$11.98
Slippage, 4 orders: −$5.61
Fee RISEx: 3 bp × 2 orders: −$6
Fee Entropy: 9 bp × 2 orders: −$18
Net: −$31.92
Costs to cover: 0.296%
Break-even: 30.1 days

Slippage from RISEx: live order book, 5 min ago; Entropy: live order book, 6 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	1.43 bp	4.4 bp −$4	5.9 bp −$59	doesn't fit	doesn't fit
Sell Entropy live order book, 6 min ago	0.28 bp	10.3 bp −$10	doesn't fit	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	1,786.4	+0.030%	$4.1M	$4.5M	75x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786	+0.008%	$21.8M	$46.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787.1	+0.070%	$286.2M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.6	+0.097%	$32.3M	$100.7M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.7	+0.102%	$86.7M	$838.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787	+0.063%	$182.8M	$232.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.9	+0.059%	$48.3M	$168.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,784.1	−0.099%	$2.6M	$4.6M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,782.4	−0.197%	$9K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.8	−0.172%	$278K	$195K	15x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SNDK-USDT	0.0000%	8h	1,785.2	−0.040%	$616	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787	+0.064%	$50K	$311K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786	+0.007%	$1.5M	$11.0M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.6	+0.043%	$2.8M	$1.0M	50x	as long as short
QFEX SNDK-USD	+0.0001%	1h	1,785.8	−0.007%	$2.2M	$20.8M	10x	as long as short
RISEx SNDK/USDClong	+0.0004%	1h	1,785.9	long leg	$175K	$1.8M	20x
Aftermath Perps SNDKUSD	+0.0011%	1h	1,782.2	−0.207%	$789	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,787.7	+0.101%	$1.6M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.1	+0.067%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.2	+0.077%	$419K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.789%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,782.4	−0.192%	$286K	$1.6M	10x	as long as short
Nado SNDK-PERP	+0.0043%	1h	1,786.2	+0.017%	$354K	$1.4M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,785.9	+0.004%	—	$674K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,786.2	+0.018%	$247K	$655K	20x	as long as short
Entropy io:SNDKshort	+0.0050%	1h	1,782.7	−0.178%	$4.7M	$19.9M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,785.8	−0.004%	$187K	$135K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,786.3	+0.022%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.9	−0.054%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.3	+0.025%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,785.4	−0.026%	$199K	$293K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,785.7	−0.011%	$6.1M	$22.0M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.5	−0.132%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,785.3	−0.032%	$8K	$3K	20x	as long as short
Bullet SNDK-USD	+0.0125%	1h	1,786.5	+0.035%	$14K	$290K	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0128%	1h	1,784.7	−0.067%	$442K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDK	+0.0169%	1h	1,786.5	+0.035%	$114.8M	$149.9M	10x	as long as short
SoDEX SNDK-USD	+0.0557%	1h	1,785.7	−0.012%	$730K	$527K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0661%	1h	1,787	+0.066%	$130K	$398K	20x	as long as short
edgeX SNDKUSDC	+0.0902%	4h	1,781.7	−0.232%	$566K	$354K	10x	as long as short