SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Phoenix against Entropy+0.051%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Entropy Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.051%, 7d avg +0.039%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

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	Phoenix SNDK	1,770.1	0	get 0.0000% / 1h	45m 28s	$276K	$193K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0.54
Price spread: +0.051% → +0.039%: $1.21
Slippage, 4 orders: −$19.66
Fee Entropy: 9 bp × 2 orders: −$18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$42.91
Costs to cover: 0.447%
Break-even: 561.9 days

Slippage from Entropy: live order book, 2 min ago; Phoenix: live order book, 65 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 Phoenix live order book, 65 min ago	3.37 bp	11.5 bp −$12	25.0 bp −$250	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 SNDKshort	0.0000%	1h	1,770.1	+0.051%	$276K	$193K	15x
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-USD	+0.0040%	1h	1,768.6	−0.035%	$263K	$1.4M	10x	as long as short
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