SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%

Price spread now: tradeXYZ against Arcus+0.045%52s7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.294% of the position

Long on Arcus Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.045%, 7d avg +0.022%

Together, before fees−0.064%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.022% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,746.4	0.0040	pay 0.0005% / 1h	33m 47s	$249K	$1.5M	10x
Short	tradeXYZ xyz:SNDK	1,747.2	0.0050	get 0.0006% / 1h	33m 47s	$118.4M	$158.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Arcus. 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 ArcusbpFee tradeXYZbpOrdersPrice spread, now +0.045%Rate

Funding earned: $2.04
Price spread: +0.045% → +0.022%: $2.25
Slippage, 4 orders: −$6.91
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$25.12
Costs to cover: 0.294%
Break-even: 93.1 days

Slippage from Arcus: live order book, 5 min ago; tradeXYZ: 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 Arcus live order book, 5 min ago	1.06 bp	3.9 bp −$4	7.7 bp −$77	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.29 bp	9.5 bp −$9	10.8 bp −$108	14.9 bp −$1,486	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
GRVT SNDK_USDT_Perp	−0.0845%	8h	1,750.4	+0.228%	$21K	$2.2M	10x	as long as short
HTX SNDK-USDT	−0.0359%	8h	1,750	+0.203%	$1.4M	$10.6M	50x	as long as short
Bitget SNDKUSDT	−0.0245%	8h	1,747.7	+0.075%	$49.3M	$167.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,749.5	+0.174%	$4.0M	$4.5M	75x	as long as short
Nado SNDK-PERP	−0.0075%	1h	1,749.8	+0.196%	$332K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0044%	8h	1,748.9	+0.143%	$6.0M	$22.6M	20x	as long as short
QFEX SNDK-USD	−0.0002%	1h	1,747	+0.032%	$1.4M	$9.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,748.3	+0.106%	$21.3M	$32.6M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,747.9	+0.086%	$279.5M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,748.1	+0.095%	$31.6M	$104.3M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,747.8	+0.079%	$81.7M	$821.7M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,748.5	+0.118%	$135K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,747.9	+0.083%	$178.2M	$218.3M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,748.8	+0.138%	$2.5M	$4.8M	—	as long as short
Phoenix SNDK	0.0000%	1h	1,751.1	+0.268%	$273K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,747.6	+0.068%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,747.8	+0.077%	$790	$3.3M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,751.1	+0.267%	$50K	$360K	10x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,750.3	+0.221%	$2.8M	$1.1M	50x	as long as short
Vest SNDK-USD-PERP	+0.0006%	1h	1,745.4	−0.057%	—	$577K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,751.5	+0.290%	$727	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,749.8	+0.193%	$1.7M	$16.4M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,749.3	+0.165%	$1.3M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,750	+0.205%	$444K	$2.0M	10x	as long as short
Entropy io:SNDK	+0.0032%	1h	1,750	+0.205%	$4.5M	$19.5M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+3.066%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,746.4	long leg	$249K	$1.5M	10x
Paradex SNDK-USD-PERP	+0.0047%	8h	1,748.9	+0.141%	—	—	5x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,747	+0.033%	$240K	$630K	20x	as long as short
tradeXYZ xyz:SNDKshort	+0.0050%	1h	1,747.2	+0.045%	$118.4M	$158.6M	10x
Polymarket Perps SNDK-USD	+0.0050%	1h	1,746.5	+0.005%	$183K	$127K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,748.7	+0.132%	$715K	$521K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,749.3	+0.165%	$1.3M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,747.4	+0.058%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,748.7	+0.128%	$196K	$310K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,751.6	+0.295%	$67K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,749.5	+0.177%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,749.6	+0.184%	$425K	$2.1M	10x	as long as short
edgeX SNDKUSDC	+0.0127%	4h	1,751.2	+0.273%	$556K	$350K	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0286%	1h	1,749	+0.147%	$127K	$344K	20x	as long as short