SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%

Price spread now: Arcus against Entropy−0.035%7-day average −0.002% · 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−$44as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Entropy Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.060%+$6 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.035%, 7d avg −0.002%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.033% cheaper against Entropy than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.002%). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,769.2	−0.0003	get 0.0000% / 1h	45m 28s	$4.7M	$19.8M	10x
Short	Arcus SNDK-USD	1,768.6	0.0040	get 0.0005% / 1h	45m 28s	$263K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Entropy. 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 EntropybpFee ArcusbpOrdersPrice spread, now −0.035%Rate

Funding earned: $9
Price spread: −0.035% → −0.002%: −$3.27
Slippage, 4 orders: −$18.58
Fee Entropy: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$35.35
Costs to cover: 0.411%
Break-even: 34.5 days

Slippage from Entropy: live order book, 2 min ago; Arcus: 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 Entropy live order book, 2 min ago	0.56 bp	10.4 bp −$10	16.4 bp −$164	doesn't fit	doesn't fit
Sell Arcus live order book, 3 min ago	1.04 bp	12.5 bp −$13	14.3 bp −$143	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	1,768.8	−0.025%	$3.9M	$4.5M	75x	as long as short
KuCoin SNDKUSDTM	−0.0041%	8h	1,769.2	−0.001%	$6.1M	$22.1M	20x	as long as short
Bitget SNDKUSDT	−0.0022%	8h	1,769.6	+0.021%	$44.6M	$162.4M	75x	as long as short
Nado SNDK-PERP	−0.0012%	1h	1,770	+0.045%	$336K	$1.5M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,769.5	+0.018%	$1.4M	$11.2M	10x	as long as short
Entropy io:SNDKlong	−0.0003%	1h	1,769.2	long leg	$4.7M	$19.8M	10x
Aster SNDKUSD1	0.0000%	8h	1,769.9	+0.037%	$21.6M	$32.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,769.4	+0.010%	$279.9M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,769.7	+0.026%	$31.7M	$103.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,769	−0.011%	$82.7M	$829.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,770.6	+0.081%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,769.6	+0.021%	$177.5M	$228.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,768.7	−0.026%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,769.8	+0.035%	$22K	$1.7M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.1	+0.051%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,769.5	+0.017%	$14K	$285K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,768.8	−0.021%	$677	$3.5M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,768.5	−0.040%	$51K	$347K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,768.3	−0.054%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.7	−0.027%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,770.1	+0.048%	$686	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0014%	1h	1,767.8	−0.081%	—	$586K	10x	as long as short
Pacifica SNDK	+0.0024%	1h	1,770	+0.045%	$197K	$304K	10x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,770.1	+0.049%	$1.3M	$9.3M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,769.5	+0.016%	$423K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.739%	$36	$9K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,768.6	−0.035%	$263K	$1.4M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,769.7	+0.028%	$244K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,769.8	+0.035%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,769.6	+0.023%	$117.8M	$154.1M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,768.8	−0.023%	$185K	$132K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768.4	−0.045%	$1.4M	$5.1M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0072%	1h	1,773.7	+0.256%	$435K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,768.5	−0.041%	$1K	—	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.5	+0.019%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,768.4	−0.045%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0121%	1h	1,769.4	+0.012%	$128K	$355K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,770.8	+0.091%	$1.8M	$15.8M	20x	as long as short
SoDEX SNDK-USD	+0.0147%	1h	1,768.9	−0.018%	$723K	$513K	10x	as long as short
edgeX SNDKUSDC	+0.0208%	4h	1,768.4	−0.044%	$562K	$353K	10x	as long as short