Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.049%
Price spread now: Popdex against RISEx−0.050%7-day average −0.020% · 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−$20as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.050%, 7d avg −0.020%
=Funding pays, the price is against you. Popdex is 0.030% cheaper against RISEx than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SNDK/USDC | 1,777.4 | 0.0018 | pay 0.0002% / 1h | 14m 36s | $174K | $1.8M | 20x |
| Short | Popdex SNDKUSDT | 1,776.5 | 0.0048 | get 0.0006% / 1h | 14m 36s | $245K | $670K | 20x |
RISEx SNDK/USDC
Popdex SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against RISEx. 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
- $6.35
- Price spread: −0.050% → −0.020%
- −$3.03
- Slippage, 4 orders
- −$4.33
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$13.42
- Costs to cover
- 0.167%
- Break-even
- 21.8 days
Slippage from RISEx: live order book, 4 min ago; Popdex: live order book, 64 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, 4 min ago | 1.60 bp | 4.6 bp −$5 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 64 min ago | 0.56 bp | 3.8 bp −$4 | 7.8 bp −$78 | 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 | 1,776.6 | −0.044% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0084% | 1h | 1,776.3 | −0.062% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USD | −0.0004% | 1h | 1,776.2 | −0.066% | $2.2M | $21.7M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,777.6 | +0.013% | $21.9M | $46.6M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,776.4 | −0.054% | $283.6M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,776.5 | −0.050% | $31.6M | $105.7M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.9 | −0.084% | $86.8M | $844.9M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,776 | −0.080% | $183.8M | $240.0M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775.8 | −0.093% | $47.8M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.7 | +0.015% | $2.6M | $4.7M | — | as long as short |
BloFin SNDK-USDT
Entropy io:SNDK
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDKShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.9 | +0.029% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.6 | +0.012% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,776.7 | −0.037% | $14K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,776.6 | −0.045% | $846 | $3.9M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,776.9 | −0.026% | $50K | $303K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,776.7 | −0.042% | $1.5M | $11.1M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,776.7 | −0.040% | $2.8M | $1.0M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,777.9 | +0.027% | $672 | $37K | 5x | as long as short |
| RISEx SNDK/USDClong | +0.0018% | 1h | 1,777.4 | long leg | $174K | $1.8M | 20x | |
| Lighter RH SNDK | +0.0032% | 1h | 1,776.5 | −0.053% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,776.3 | −0.062% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.270% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,775.8 | −0.089% | $285K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,776.2 | −0.067% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDTshort | +0.0048% | 1h | 1,776.5 | −0.050% | $245K | $670K | 20x | |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,777 | −0.022% | $113.2M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,775.6 | −0.101% | $203K | $124K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,776.7 | −0.041% | $726K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,776.4 | −0.055% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,777 | −0.022% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,776.4 | −0.056% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.091% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776.5 | −0.052% | $211K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,777.2 | −0.014% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,778.2 | +0.042% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,776.6 | −0.045% | $8K | $2K | 20x | as long as short |
| Lighter SNDK | +0.0128% | 1h | 1,776.9 | −0.027% | $1.6M | $16.4M | 20x | as long as short |
| Nado SNDK-PERP | +0.0165% | 1h | 1,776.3 | −0.059% | $355K | $1.4M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0394% | 4h | 1,777.5 | +0.006% | $565K | $356K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0456% | 1h | 1,777.3 | −0.007% | $129K | $406K | 20x | as long as short |
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Lighter SNDK
Nado SNDK-PERP
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD