SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.008%

Price spread now: Coinbase International against SoDEX−0.002%7-day average +0.029% · 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−$33as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on SoDEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.002%, 7d avg +0.029%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.031% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.051%, 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	SoDEX SNDK-USD	1,779.4	0.0050	pay 0.0006% / 1h	45m 34s	$727K	$538K	10x
Short	Coinbase International SNDK-PERP-INTX	1,779.4	0.0096	get 0.0012% / 1h	45m 34s	$442K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.002%Rate

Funding earned: $9.66
Price spread: −0.002% → +0.029%: −$3.09
Slippage, 4 orders: −$11.83
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$23.25
Costs to cover: 0.298%
Break-even: 23.8 days

Slippage from SoDEX: live order book, 33 min ago; Coinbase International: live order book, 3 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, 33 min ago	0.03 bp	7.6 bp −$8	39.0 bp −$390	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.13 bp	7.3 bp −$7	11.7 bp −$117	31.5 bp −$3,147	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	1,779.3	−0.009%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0037%	1h	1,778.1	−0.075%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,779	−0.025%	$2.2M	$21.8M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.5	+0.006%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,778.8	−0.034%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779	−0.022%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.1	−0.019%	$87.4M	$845.0M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.2	−0.015%	$184.3M	$239.3M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.1	−0.017%	$49.7M	$170.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,777.9	−0.089%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779.2	−0.012%	$15K	$1.0M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.7	−0.042%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.1	−0.019%	$14K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,779.2	−0.011%	$984	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,778.9	−0.031%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.5	+0.003%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,778.6	−0.045%	$703	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.2	+0.043%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.4	0.000%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.6	−0.047%	$410K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.153%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.9	−0.031%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.8	−0.035%	—	$670K	10x	as long as short
edgeX SNDKUSDC	+0.0048%	4h	1,778.5	−0.051%	$565K	$355K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.1	−0.019%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	−0.030%	$113.3M	$151.8M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,778.9	−0.030%	$197K	$89K	10x	as long as short
SoDEX SNDK-USDlong	+0.0050%	1h	1,779.4	long leg	$727K	$538K	10x
Paradex SNDK-USD-PERP	+0.0050%	8h	1,779.2	−0.012%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	−0.019%	$1.4M	$4.9M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,779.1	−0.018%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0096%	1h	1,779.4	−0.002%	$442K	$2.4M	10x
Pacifica SNDK	+0.0100%	1h	1,779	−0.025%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.5	−0.051%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.6	+0.010%	$68K	$268K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.4	−0.057%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0184%	1h	1,780.2	+0.043%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0200%	1h	1,778.9	−0.029%	$387K	$1.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0323%	1h	1,779.8	+0.021%	$50K	$276K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,780.2	+0.043%	$130K	$407K	20x	as long as short