SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.022%

Price spread now: Arcus against Polymarket Perps−0.013%7-day average +0.015% · you buy dearer than you sell

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

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

costs, in and out, $10k−$250.249% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.066%+$7 on $10k

Price spread, last 7 days+0.186%+$19 · spread now −0.013%, 7d avg +0.015%

Together, before fees+0.252%+$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.029% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.066%, 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	Polymarket Perps SNDK-USD	1,779	0.0050	pay 0.0006% / 1h	36m 32s	$197K	$89K	10x
Short	Arcus SNDK-USD	1,778.8	0.0040	get 0.0005% / 1h	36m 32s	$285K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. 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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$2.04
Price spread: −0.013% → +0.015%: −$2.85
Slippage, 4 orders: −$12.38
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$29.78
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 40 min ago; Arcus: live order book, 2 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 Polymarket Perps live order book, 40 min ago	1.41 bp	5.4 bp −$5	6.5 bp −$65	8.4 bp −$839	doesn't fit
Sell Arcus live order book, 2 min ago	1.01 bp	7.2 bp −$7	9.9 bp −$99	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	1,779.5	+0.026%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0068%	1h	1,778.4	−0.034%	$4.6M	$20.4M	10x	as long as short
QFEX SNDK-USD	−0.0004%	1h	1,778.8	−0.013%	$2.2M	$21.7M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,779.5	+0.029%	$22.0M	$46.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,779	−0.001%	$284.5M	$1.88B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,779.4	+0.021%	$31.8M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,779.1	+0.006%	$87.4M	$845.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,779.4	+0.022%	$184.1M	$239.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,779.5	+0.028%	$49.6M	$170.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,778.7	−0.019%	$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	−0.001%	$12K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,778.6	−0.022%	$277K	$195K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,779.4	+0.022%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,778.7	−0.016%	$827	$3.9M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,779.4	+0.023%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,779.7	+0.039%	$2.8M	$1.0M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,779.3	+0.015%	$707	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0018%	1h	1,780.3	+0.073%	$175K	$1.8M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,779.3	+0.018%	$1.3M	$9.9M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,778.5	−0.029%	$412K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.178%	$36	$15K	12x	as long as short
Arcus SNDK-USDshort	+0.0040%	1h	1,778.8	−0.013%	$285K	$1.7M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,778.6	−0.022%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,779.1	+0.006%	$246K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,778.9	−0.006%	$113.4M	$151.7M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,779	long leg	$197K	$89K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,779.2	+0.011%	$727K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,778.9	−0.005%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,779.1	+0.006%	$1.4M	$4.9M	5x	as long as short
edgeX SNDKUSDC	+0.0062%	4h	1,778.7	−0.019%	$565K	$354K	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,778.7	−0.016%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0096%	1h	1,778.6	−0.022%	$442K	$2.4M	10x	as long as short
Deribit SNDK_USDC-PERPETUAL	+0.0099%	1h	1,779.4	+0.022%	$50K	$286K	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,779.2	+0.011%	$212K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,778.3	−0.039%	$6.0M	$22.2M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,779.1	+0.004%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,778.4	−0.032%	$8K	$2K	20x	as long as short
Lighter SNDK	+0.0160%	1h	1,780.1	+0.061%	$1.6M	$16.2M	20x	as long as short
Nado SNDK-PERP	+0.0182%	1h	1,778.9	−0.005%	$387K	$1.4M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0455%	1h	1,780.2	+0.066%	$130K	$406K	20x	as long as short