Funding you earn now, next payment 05:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.126%
Price spread now: edgeX against Entropy+0.086%48s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days+1.141%+$114 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.086%, 7d avg +0.025%
=Together, before fees+1.098%+ Points / potential airdropedgeX: Active · farm board+$110 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 edgeX is 0.061% dearer against Entropy than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 48 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 | Entropy io:SNDK | 1,780.5 | −0.0110 | get 0.0014% / 1h | 42m 05s | $4.8M | $19.9M | 10x |
| Short | edgeX SNDKUSDC | 1,782 | 0.0036 | get 0.0018% / 4h | 3h 42m | $566K | $353K | 10x |
Entropy io:SNDK
edgeX SNDKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Entropy. 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
- $30.86
- Price spread: +0.086% → +0.025%
- $6.09
- Slippage, 4 orders
- −$13.33
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$3.38
- Costs to cover
- 0.403%
- Break-even
- 7.8 days
Slippage from Entropy: live order book, 5 min ago; edgeX: live order book, 12 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, 5 min ago | 0.28 bp | 10.1 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 5.04 bp | 9.6 bp −$10 | 11.5 bp −$115 | 47.3 bp −$4,733 | 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 | 1,779.6 | −0.052% | $4.0M | $4.4M | 75x | as long as short |
| Entropy io:SNDKlong | −0.0110% | 1h | 1,780.5 | long leg | $4.8M | $19.9M | 10x | |
| KuCoin SNDKUSDTM | −0.0042% | 8h | 1,780.7 | +0.012% | $6.1M | $22.1M | 20x | as long as short |
| Nado SNDK-PERP | −0.0041% | 1h | 1,779.8 | −0.040% | $346K | $1.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0019% | 1h | 1,779.7 | −0.045% | $1.4M | $12.2M | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | −0.0008% | 1h | 1,780.2 | −0.016% | $433K | $2.3M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,781.7 | +0.066% | $21.8M | $33.2M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,780.8 | +0.016% | $283.7M | $1.80B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,781.1 | +0.036% | $32.4M | $101.3M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,780.9 | +0.022% | $83.5M | $824.8M | 75x | as long as short |
BloFin SNDK-USDT
KuCoin SNDKUSDTM
Nado SNDK-PERP
QFEX SNDK-USD
Coinbase International SNDK-PERP-INTX
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx SNDK/USDC | 0.0000% | 1h | 1,780.1 | −0.020% | $170K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,780.6 | +0.007% | $179.4M | $229.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,780.7 | +0.012% | $43.8M | $162.1M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,782.2 | +0.096% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,780.4 | −0.006% | $17K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,782.2 | +0.095% | $278K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,780.9 | +0.022% | $14K | $288K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,779.3 | −0.066% | $737 | $3.6M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,781.2 | +0.038% | $51K | $346K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,779 | −0.086% | $1.4M | $10.7M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,780.8 | +0.019% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,781.5 | +0.057% | $663 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,781.4 | +0.048% | $1.7M | $15.6M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,781 | +0.025% | $1.4M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,780.5 | −0.001% | $435K | $1.9M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.093% | $36 | $9K | 12x | as long as short |
| edgeX SNDKUSDCshort | +0.0036% | 4h | 1,782 | +0.086% | $566K | $353K | 10x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,779.8 | −0.040% | $265K | $1.5M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,778.5 | −0.112% | — | $580K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,780.7 | +0.011% | $245K | $650K | 20x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,779.1 | −0.078% | — | — | 5x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,780.8 | +0.017% | $117.6M | $150.8M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,780.5 | 0.000% | $187K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,779.7 | −0.044% | $727K | $514K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,778.7 | −0.101% | $1.4M | $5.1M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,780.4 | −0.007% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,779.8 | −0.038% | $198K | $289K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,780.6 | +0.008% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,780.1 | −0.022% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0121% | 1h | 1,781.4 | +0.048% | $130K | $352K | 20x | as long as short |
RISEx SNDK/USDC
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Vest SNDK-USD-PERP
Popdex SNDKUSDT
Paradex SNDK-USD-PERP
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD