SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.036%

Price spread now: SoDEX against Deribit−0.048%7-day average −0.012% · 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−$47as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Deribit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.112%+$11 on $10k

Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.048%, 7d avg −0.012%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.036% cheaper against Deribit than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,783.6	−0.0064	get 0.0008% / 1h	36m 57s	$51K	$328K	10x
Short	SoDEX SNDK-USD	1,782.8	0.0050	get 0.0006% / 1h	36m 57s	$729K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now −0.048%Rate

Funding earned: $23.91
Price spread: −0.048% → −0.012%: −$3.58
Slippage, 4 orders: −$28.78
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$23.45
Costs to cover: 0.438%
Break-even: 13.9 days

Slippage from Deribit: live order book, 32 min ago; SoDEX: live order book, 32 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 Deribit live order book, 32 min ago	5.33 bp	10.5 bp −$10	13.1 bp −$131	doesn't fit	doesn't fit
Sell SoDEX live order book, 32 min ago	0.03 bp	7.7 bp −$8	38.0 bp −$380	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	1,788	+0.246%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0091%	1h	1,784.9	+0.072%	$4.9M	$20.3M	10x	as long as short
Deribit SNDK_USDC-PERPETUALlong	−0.0064%	1h	1,783.6	long leg	$51K	$328K	10x
Phoenix SNDK	−0.0045%	1h	1,786.8	+0.178%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,784.4	+0.041%	$1.8M	$17.2M	10x	as long as short
Nado SNDK-PERP	−0.0001%	1h	1,785	+0.080%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,784.5	+0.051%	$21.7M	$39.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,782.7	−0.050%	$285.9M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,782.9	−0.043%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,782.6	−0.057%	$85.5M	$829.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,782.6	−0.057%	$180.3M	$231.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,782.9	−0.041%	$43.9M	$167.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.9	+0.185%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.026%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.4	+0.046%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.7	+0.003%	$772	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,783.7	+0.003%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,782.4	−0.068%	$2.8M	$1.1M	50x	as long as short
tradeXYZ xyz:SNDK	+0.0004%	1h	1,782.6	−0.057%	$114.1M	$146.5M	10x	as long as short
Aftermath Perps SNDKUSD	+0.0004%	1h	1,786	+0.134%	$670	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,783.9	+0.015%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,783.9	+0.015%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,783.4	−0.012%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.916%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,784.1	+0.026%	$311K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,784	+0.022%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,784.6	+0.055%	$246K	$645K	20x	as long as short
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.010%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,784.2	+0.030%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784.1	+0.027%	$187K	$135K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,782.8	−0.048%	$729K	$515K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,784.6	+0.055%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.8	+0.011%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.011%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	+0.050%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.4	+0.044%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.2	−0.023%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,782.8	−0.049%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.5	+0.047%	$130K	$364K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.1	+0.082%	$171K	$1.8M	20x	as long as short