Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Entropy−0.015%7-day average +0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.076%+$8 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.015%, 7d avg +0.072%
=Together, before fees+0.152%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.088% cheaper against Entropy than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.072%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:SNDK | 1,761.4 | 0.0050 | pay 0.0006% / 1h | 59m 28s | $4.6M | $19.6M | 10x |
| Short | Variational Omni SNDK | 1,761.1 | 0 | get 0.0000% / 8h | 7h 59m | $2.5M | $4.8M | — |
Entropy io:SNDK
Variational Omni SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.5
- Price spread: −0.015% → +0.072%
- −$8.76
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.26
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 7 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
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, 7 min ago | 0.57 bp | 10.2 bp −$10 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.41 bp | doesn't fit | 6.5 bp −$65 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bullet SNDK-USD | −0.0337% | 1h | 1,759 | −0.136% | $13K | $289K | 10x | as long as short |
| Bitget SNDKUSDT | −0.0235% | 8h | 1,761 | −0.024% | $50.1M | $165.7M | 75x | as long as short |
| tradeXYZ xyz:SNDK | −0.0213% | 1h | 1,761 | −0.023% | $120.0M | $157.9M | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,761.2 | −0.010% | $3.9M | $4.6M | 75x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | −0.0102% | 1h | 1,761.3 | −0.007% | $51K | $357K | 10x | as long as short |
| Popdex SNDKUSDT | −0.0024% | 1h | 1,760.2 | −0.068% | $242K | $647K | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.5 | +0.005% | $1.4M | $9.9M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,761.9 | +0.029% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,760.9 | −0.026% | $279.8M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,761.6 | +0.010% | $31.9M | $103.7M | 100x | as long as short |
Bullet SNDK-USD
Bitget SNDKUSDT
tradeXYZ xyz:SNDK
BloFin SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
Popdex SNDKUSDT
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,760.4 | −0.057% | $82.3M | $830.4M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.1 | +0.041% | $120K | $1.6M | 20x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,761.9 | +0.030% | $179.5M | $215.3M | 75x | as long as short |
| KuCoin SNDKUSDTM | 0.0000% | 8h | 1,761.4 | 0.000% | $6.0M | $22.6M | 20x | as long as short |
| Variational Omni SNDKshort | 0.0000% | 8h | 1,761.1 | −0.015% | $2.5M | $4.8M | — | |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,761.3 | −0.004% | $19K | $2.1M | 10x | as long as short |
| Nado SNDK-PERP | 0.0000% | 1h | 1,763.1 | +0.099% | $327K | $1.5M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,761.2 | −0.011% | $274K | $193K | 15x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.1 | −0.016% | $733 | $3.4M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761 | −0.023% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,761.7 | +0.016% | $2.8M | $1.1M | 50x | as long as short |
| Vest SNDK-USD-PERP | +0.0014% | 1h | 1,759.4 | −0.111% | — | $577K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0017% | 1h | 1,761.7 | +0.014% | $673 | $38K | 5x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,762.7 | +0.076% | $1.8M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,762.7 | +0.076% | $1.2M | $9.2M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,761.7 | +0.016% | $491K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.189% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,760.6 | −0.045% | $256K | $1.5M | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,763.3 | +0.105% | — | — | 5x | as long as short |
| Entropy io:SNDKlong | +0.0050% | 1h | 1,761.4 | long leg | $4.6M | $19.6M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,761.7 | +0.017% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.5 | +0.008% | $720K | $520K | 10x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761 | −0.023% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761.2 | −0.012% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,762.3 | +0.051% | $198K | $307K | 10x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,763 | +0.089% | $68K | $270K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,761.5 | +0.008% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762 | +0.033% | $429K | $2.1M | 10x | as long as short |
| edgeX SNDKUSDC | +0.0125% | 4h | 1,762.3 | +0.053% | $560K | $351K | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,761.7 | +0.016% | $126K | $340K | 20x | as long as short |
OKX SNDK-USDT-SWAP
RISEx SNDK/USDC
Gate SNDK_USDT
KuCoin SNDKUSDTM
GRVT SNDK_USDT_Perp
Nado SNDK-PERP
Phoenix SNDK
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Vest SNDK-USD-PERP
Aftermath Perps SNDKUSD
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Paradex SNDK-USD-PERP
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
Coinbase International SNDK-PERP-INTX
edgeX SNDKUSDC
Kraken Futures PF_SNDKUSD