SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h +0.023%

Price spread now: RISEx against Entropy+0.069%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Entropy Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.103%+$10 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.069%, 7d avg +0.074%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:SNDK	1,786.4	−0.0055	get 0.0007% / 1h	24m 00s	$4.9M	$20.1M	10x
Short	RISEx SNDK/USDC	1,787.6	0	get 0.0000% / 1h	24m 00s	$170K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.069%Rate

Funding earned: $11.58
Price spread: +0.069% → +0.074%: −$0.51
Slippage, 4 orders: −$5.09
Fee Entropy: 9 bp × 2 orders: −$18
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$18.01
Costs to cover: 0.291%
Break-even: 17.9 days

Slippage from Entropy: live order book, 2 min ago; RISEx: live order book, 5 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	0.28 bp	11.0 bp −$11	13.5 bp −$135	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	0.95 bp	4.0 bp −$4	5.4 bp −$54	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	1,786.1	−0.017%	$4.1M	$4.4M	75x	as long as short
Phoenix SNDK	−0.0090%	1h	1,785.7	−0.039%	$278K	$193K	15x	as long as short
Entropy io:SNDKlong	−0.0055%	1h	1,786.4	long leg	$4.9M	$20.1M	10x
Nado SNDK-PERP	−0.0039%	1h	1,787.3	+0.049%	$359K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0023%	1h	1,786.2	−0.010%	$1.5M	$14.6M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,786.6	+0.011%	$21.8M	$36.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787	+0.033%	$285.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.3	+0.052%	$32.1M	$99.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.3	+0.050%	$85.2M	$822.8M	75x	as long as short
RISEx SNDK/USDCshort	0.0000%	1h	1,787.6	+0.069%	$170K	$1.8M	20x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,786.8	+0.024%	$180.2M	$230.9M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,786.8	+0.023%	$43.8M	$161.5M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,785.9	−0.027%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,785.7	−0.037%	$17K	$1.2M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,786.7	+0.017%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.9	−0.028%	$839	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,787.1	+0.041%	$51K	$338K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.8	+0.021%	$1.4M	$10.8M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.9	+0.029%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0003%	1h	1,787	+0.032%	$665	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0021%	1h	1,786.6	+0.011%	$114.5M	$145.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0024%	1h	1,785.7	−0.039%	$439K	$2.3M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,788	+0.091%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.6	+0.066%	$1.4M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,786.9	+0.029%	$452K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.759%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,785.1	−0.071%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.1	−0.018%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,787	+0.034%	$246K	$645K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0048%	8h	1,786.4	0.000%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.6	+0.011%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,786.7	+0.014%	$730K	$515K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,786.1	−0.017%	$1.4M	$5.1M	5x	as long as short
Kraken Futures PF_SNDKUSD	+0.0058%	1h	1,787.4	+0.057%	$130K	$352K	20x	as long as short
edgeX SNDKUSDC	+0.0061%	4h	1,785.2	−0.065%	$567K	$351K	10x	as long as short
KuCoin SNDKUSDTM	+0.0073%	8h	1,785.9	−0.030%	$6.1M	$21.8M	20x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,786.4	−0.002%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,786.6	+0.009%	$199K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,786.9	+0.025%	$69K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.3	−0.004%	$8K	$3K	20x	as long as short