Funding you earn now, next payment 02:00 UTC−0.0230%/8h= −25.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.008%
Price spread now: Entropy against Injective−0.598%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+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 −$7 a day on $10k at the current rate, and Entropy is 0.598% cheaper against Injective than usual: you would sell low and buy high (−$60 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 58m 14s | $36 | $9K | 12x |
| Short | Entropy io:SNDK | 1,789.2 | −0.0197 | pay 0.0025% / 1h | 58m 14s | $4.8M | $20.4M | 10x |
Injective SNDK/USDC PERP
Entropy io:SNDKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Injective. 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
- −$48.28
- Price spread: −0.598% → 0.000%
- −$59.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$126.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Entropy: live order book, 9 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 Entropy live order book, 9 min ago | 0.28 bp | 10.7 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:SNDKshort | −0.0197% | 1h | 1,789.2 | −0.598% | $4.8M | $20.4M | 10x | |
| Deribit SNDK_USDC-PERPETUAL | −0.0180% | 1h | 1,787.9 | −0.669% | $51K | $328K | 10x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,788.9 | −0.617% | $4.1M | $4.5M | 75x | as long as short |
| tradeXYZ xyz:SNDK | −0.0052% | 1h | 1,788.3 | −0.648% | $114.8M | $146.5M | 10x | as long as short |
| QFEX SNDK-USD | −0.0024% | 1h | 1,788 | −0.665% | $1.9M | $18.3M | 10x | as long as short |
| Ondo Perps SNDK-USD.P | −0.0003% | 1h | 1,788.5 | −0.637% | $1.4M | $5.1M | 5x | as long as short |
| Nado SNDK-PERP | −0.0001% | 1h | 1,789.7 | −0.571% | $347K | $1.4M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,789 | −0.609% | $21.8M | $42.4M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,787.8 | −0.678% | $286.9M | $1.83B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,788.2 | −0.653% | $32.1M | $100.0M | 100x | as long as short |
Deribit SNDK_USDC-PERPETUAL
BloFin SNDK-USDT
tradeXYZ xyz:SNDK
QFEX SNDK-USD
Ondo Perps SNDK-USD.P
Nado SNDK-PERP
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 | 1,787.7 | −0.681% | $86.6M | $831.3M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,788.3 | −0.648% | $182.1M | $230.1M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,788.3 | −0.647% | $47.8M | $163.9M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,789.2 | −0.597% | $2.6M | $4.7M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,788.9 | −0.616% | $21K | $1.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,789.8 | −0.564% | $279K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,788.1 | −0.658% | $13K | $292K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,786.9 | −0.725% | $593 | $3.7M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,787.2 | −0.709% | $1.5M | $10.3M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,787.3 | −0.702% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0006% | 1h | 1,790 | −0.551% | $746 | $37K | 5x | as long as short |
| Popdex SNDKUSDT | +0.0016% | 1h | 1,788.4 | −0.642% | $246K | $644K | 20x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,788.7 | −0.623% | $1.7M | $16.1M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,788.3 | −0.646% | $1.3M | $9.4M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,788.6 | −0.633% | $460K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERPlong | +0.0033% | 1h | 1,800 | long leg | $36 | $9K | 12x | |
| Arcus SNDK-USD | +0.0040% | 1h | 1,788.8 | −0.621% | $306K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,788.4 | −0.642% | — | $585K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,788.6 | −0.631% | — | — | 5x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,788.2 | −0.653% | $187K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,787.4 | −0.698% | $731K | $515K | 10x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,787.7 | −0.680% | $1K | — | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0088% | 1h | 1,792.4 | −0.421% | $442K | $2.3M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,788.5 | −0.634% | $199K | $292K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,788.8 | −0.621% | $6.1M | $21.8M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,789.1 | −0.604% | $69K | $269K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,787.7 | −0.681% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0131% | 1h | 1,788.3 | −0.650% | $130K | $366K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0164% | 4h | 1,789.4 | −0.586% | $568K | $354K | 10x | as long as short |
| RISEx SNDK/USDC | +0.0257% | 1h | 1,789.5 | −0.583% | $171K | $1.8M | 20x | as long as short |
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Popdex SNDKUSDT
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Arcus SNDK-USD
Vest SNDK-USD-PERP
Paradex SNDK-USD-PERP
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Aevo SNDK-PERP
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Orderly PERP_SNDK_USDC_mythos
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC
RISEx SNDK/USDC