SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against Entropy+0.034%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on Entropy Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days−0.191%−$19 · spread now +0.034%, 7d avg −0.017%

Together, before fees−0.219%−$22 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 Polymarket Perps is 0.051% dearer against Entropy than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,778.4	−0.0068	get 0.0008% / 1h	36m 32s	$4.6M	$20.4M	10x
Short	Polymarket Perps SNDK-USD	1,779	0.0050	get 0.0006% / 1h	36m 32s	$197K	$89K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.034%Rate

Funding earned: $24.77
Price spread: +0.034% → −0.017%: $5.08
Slippage, 4 orders: −$7.51
Fee Entropy: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$3.66
Costs to cover: 0.335%
Break-even: 8.0 days

Slippage from Entropy: live order book, just now; Polymarket Perps: live order book, 40 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, just now	0.28 bp	10.6 bp −$11	15.7 bp −$157	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 40 min ago	1.41 bp	7.0 bp −$7	8.2 bp −$82	10.6 bp −$1,062	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	1,779.5	+0.060%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDKlong	−0.0068%	1h	1,778.4	long leg	$4.6M	$20.4M	10x
QFEX SNDK-USD	−0.0004%	1h	1,778.8	+0.020%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.5	+0.063%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779	+0.033%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.4	+0.055%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.1	+0.039%	$87.4M	$845.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.4	+0.056%	$184.1M	$239.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.5	+0.062%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.7	+0.015%	$2.6M	$4.7M	—	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SNDK_USDT_Perp	0.0000%	8h	1,779	+0.033%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	+0.011%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.4	+0.056%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.7	+0.018%	$827	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779.4	+0.057%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.7	+0.073%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,779.3	+0.048%	$707	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.3	+0.107%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.3	+0.052%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.5	+0.005%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.212%	$36	$15K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,778.8	+0.020%	$285K	$1.7M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.6	+0.012%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.1	+0.039%	$246K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	+0.028%	$113.4M	$151.7M	10x	as long as short
Polymarket Perps SNDK-USDshort	+0.0050%	1h	1,779	+0.034%	$197K	$89K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,779.2	+0.044%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.9	+0.028%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.039%	$1.4M	$4.9M	5x	as long as short
edgeX SNDKUSDC	+0.0062%	4h	1,778.7	+0.015%	$565K	$354K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.7	+0.017%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	+0.011%	$442K	$2.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0099%	1h	1,779.4	+0.056%	$50K	$286K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.2	+0.045%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.006%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.1	+0.038%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.4	+0.002%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0160%	1h	1,780.1	+0.094%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0182%	1h	1,778.9	+0.028%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,780.2	+0.100%	$130K	$406K	20x	as long as short