Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.023%
Price spread now: Arcus against SoDEX−0.066%7-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−$32as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 3 days (all we have)−0.044%−$4 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.066%, 7d avg −0.037%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.028% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SNDK-USD | 1,791.4 | 0.0050 | pay 0.0006% / 1h | 4m 39s | $732K | $515K | 10x |
| Short | Arcus SNDK-USD | 1,790.2 | 0.0040 | get 0.0005% / 1h | 4m 39s | $305K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SoDEX. 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
- −$2.04
- Price spread: −0.066% → −0.037%
- −$2.84
- Slippage, 4 orders
- −$16.59
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$33.97
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 4 min ago; Arcus: live order book, 4 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 SoDEX live order book, 4 min ago | 0.03 bp | 7.6 bp −$8 | 37.9 bp −$379 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 1.17 bp | 6.7 bp −$7 | 13.4 bp −$134 | 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 | 1,791.8 | +0.018% | $4.1M | $4.5M | 75x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,791.2 | −0.010% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,791.2 | −0.011% | $287.3M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,792.1 | +0.038% | $32.1M | $99.9M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,791.3 | −0.007% | $86.9M | $833.1M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,791.4 | −0.001% | $182.3M | $235.8M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,791.2 | −0.010% | $47.9M | $164.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,791.3 | −0.008% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,789.4 | −0.113% | $21K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,790.9 | −0.029% | $279K | $195K | 15x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | 0.0000% | 1h | 1,791.4 | −0.001% | $13K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,790.3 | −0.060% | $1K | $3.7M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,791.7 | +0.013% | $51K | $328K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,790.8 | −0.035% | $1.5M | $10.4M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,791.7 | +0.013% | $2.8M | $1.1M | 50x | as long as short |
| QFEX SNDK-USD | +0.0001% | 1h | 1,791.1 | −0.016% | $1.9M | $18.5M | 10x | as long as short |
| RISEx SNDK/USDC | +0.0004% | 1h | 1,792.2 | +0.042% | $171K | $1.8M | 20x | as long as short |
| Nado SNDK-PERP | +0.0004% | 1h | 1,791.6 | +0.011% | $347K | $1.4M | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0007% | 1h | 1,791 | −0.022% | $684 | $37K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,792.6 | +0.066% | $1.7M | $16.4M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,792.1 | +0.039% | $1.4M | $9.7M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,791.2 | −0.011% | $458K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +0.477% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USDshort | +0.0040% | 1h | 1,790.2 | −0.066% | $305K | $1.6M | 10x | |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,790.9 | −0.030% | — | $585K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,791.4 | −0.001% | $246K | $645K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,791.8 | +0.021% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,791.6 | +0.010% | $115.1M | $146.4M | 10x | as long as short |
| Entropy io:SNDK | +0.0050% | 1h | 1,790.1 | −0.074% | $4.8M | $20.3M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,791.4 | −0.001% | $188K | $135K | 10x | as long as short |
| SoDEX SNDK-USDlong | +0.0050% | 1h | 1,791.4 | long leg | $732K | $515K | 10x | |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,790.8 | −0.035% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,791.3 | −0.008% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,791.2 | −0.012% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,790.7 | −0.041% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.3 | −0.121% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,790.6 | −0.044% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0128% | 1h | 1,792.4 | +0.054% | $442K | $2.3M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0659% | 1h | 1,792.1 | +0.039% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0796% | 4h | 1,790.8 | −0.037% | $569K | $354K | 10x | as long as short |
SoDEX SNDK-USD
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
RISEx SNDK/USDC
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC