SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.012%

Price spread now: Deribit against Injective−1.134%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 1.134% cheaper against Injective than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	Injective SNDK/USDC PERP	1,800	0.0033	pay 0.0004% / 1h	43m 38s	$36	$9K	12x
Short	Deribit SNDK_USDC-PERPETUAL	1,779.6	0	get 0.0000% / 1h	43m 38s	$51K	$345K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −1.134%Rate

Funding earned: −$7
Price spread: −1.134% → 0.000%: −$113.39
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$127.41
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 10 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 10 min ago	10.73 bp	14.6 bp −$15	17.4 bp −$174	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,780.3	−1.092%	$4.0M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0107%	1h	1,780.8	−1.064%	$4.8M	$19.9M	10x	as long as short
Nado SNDK-PERP	−0.0046%	1h	1,780.1	−1.106%	$346K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0042%	8h	1,780.3	−1.092%	$6.1M	$22.1M	20x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,779.1	−1.162%	$1.4M	$12.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,779.7	−1.127%	$434K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,781.2	−1.040%	$21.8M	$33.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779.7	−1.128%	$283.7M	$1.80B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,780	−1.107%	$32.4M	$101.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,780	−1.109%	$83.4M	$824.3M	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	1,780.9	−1.060%	$170K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.5	−1.136%	$179.5M	$229.0M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.7	−1.123%	$43.8M	$162.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,782.2	−0.986%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,780.4	−1.087%	$17K	$1.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,782.2	−0.987%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.3	−1.148%	$13K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,777.5	−1.247%	$857	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUALshort	0.0000%	1h	1,779.6	−1.134%	$51K	$345K	10x
HTX SNDK-USDT	0.0000%	8h	1,778	−1.219%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.4	−1.143%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0006%	1h	1,782.5	−0.972%	$663	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,779.8	−1.121%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.8	−1.123%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,779.4	−1.143%	$435K	$1.9M	10x	as long as short
Injective SNDK/USDC PERPlong	+0.0033%	1h	1,800	long leg	$36	$9K	12x
edgeX SNDKUSDC	+0.0036%	4h	1,782	−0.996%	$566K	$353K	10x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,780.1	−1.103%	$265K	$1.5M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.2	−1.211%	—	$580K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.6	−1.131%	$245K	$650K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.6	−1.185%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,779.3	−1.148%	$117.4M	$150.5M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,779.4	−1.142%	$187K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,779.5	−1.134%	$727K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,778.7	−1.181%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.9	−1.169%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.4	−1.142%	$198K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,780.6	−1.073%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,779.1	−1.157%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,779.8	−1.121%	$130K	$352K	20x	as long as short