Funding you earn now, next payment 05:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%
Price spread now: Ondo Perps against Deribit+0.056%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.056%, 7d avg +0.005%
=Together, before fees+0.061%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Ondo Perps is 0.050% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SNDK_USDC-PERPETUAL | 1,775.6 | −0.0071 | get 0.0009% / 1h | 40m 13s | $51K | $346K | 10x |
| Short | Ondo Perps SNDK-USD.P | 1,776.6 | 0.0050 | get 0.0006% / 1h | 40m 13s | $1.4M | $5.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- $25.48
- Price spread: +0.056% → +0.005%
- $5.03
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $18.51
- Costs to cover
- 0.120%
- Break-even
- 1.9 days
Slippage unknown: Deribit: live order book, 13 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Deribit live order book, 13 min ago | 10.73 bp | 14.3 bp −$14 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,777 | +0.080% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDK | −0.0102% | 1h | 1,778.8 | +0.180% | $4.8M | $19.9M | 10x | as long as short |
| Deribit SNDK_USDC-PERPETUALlong | −0.0071% | 1h | 1,775.6 | long leg | $51K | $346K | 10x | |
| KuCoin SNDKUSDTM | −0.0044% | 8h | 1,776 | +0.023% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0043% | 1h | 1,778.4 | +0.157% | $346K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,776.4 | +0.044% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,780.2 | +0.259% | $433K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,777.2 | +0.089% | $21.7M | $33.0M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,775 | −0.033% | $282.8M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,775.7 | +0.004% | $32.4M | $101.4M | 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 | 1,775.3 | −0.017% | $83.0M | $824.3M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,777.6 | +0.114% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,775.2 | −0.025% | $178.6M | $229.4M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775.5 | −0.006% | $43.7M | $162.3M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.2 | +0.088% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.4 | +0.269% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.371% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.5 | −0.006% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.1 | −0.087% | $685 | $3.6M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,775 | −0.034% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,775.3 | −0.020% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,780.5 | +0.278% | $662 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,776.3 | +0.038% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,776 | +0.021% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,775.5 | −0.006% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.371% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,778.7 | +0.175% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.4 | −0.014% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,776.2 | +0.033% | $245K | $651K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,777.5 | +0.107% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,775.7 | +0.005% | $117.2M | $150.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,776.1 | +0.028% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,775.3 | −0.016% | $726K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.Pshort | +0.0050% | 1h | 1,776.6 | +0.056% | $1.4M | $5.1M | 5x | |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,775.4 | −0.010% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776.9 | +0.072% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.5 | +0.277% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,774.6 | −0.055% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0122% | 1h | 1,776 | +0.024% | $129K | $352K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0553% | 4h | 1,779.1 | +0.198% | $565K | $351K | 10x | as long as short |
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
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
SoDEX SNDK-USD
Pacifica SNDK
ApeX Omni SNDKUSDT
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC