SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.005%

Price spread now: Coinbase International against Polymarket Perps+0.066%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

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

costs, in and out, $10k−$300.302% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.066%, 7d avg +0.045%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,767.7	0.0050	pay 0.0006% / 1h	26m 37s	$187K	$131K	10x
Short	Coinbase International SNDK-PERP-INTX	1,768.9	0.0152	get 0.0019% / 1h	26m 37s	$451K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.066%Rate

Funding earned: $21.42
Price spread: +0.066% → +0.045%: $2.16
Slippage, 4 orders: −$12.2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.62
Costs to cover: 0.302%
Break-even: 9.2 days

Slippage from Polymarket Perps: live order book, 18 min ago; Coinbase International: 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 Polymarket Perps live order book, 18 min ago	2.26 bp	6.3 bp −$6	8.3 bp −$83	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	1.64 bp	8.8 bp −$9	13.7 bp −$137	34.7 bp −$3,469	doesn't fit

SNDK on 40 exchanges

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
Kraken Futures PF_SNDKUSD	−0.0259%	1h	1,767.3	−0.025%	$167K	$379K	20x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,768.3	+0.032%	$4.0M	$4.7M	75x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0005%	1h	1,767.4	−0.017%	$19K	$446K	10x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,767.6	−0.005%	$1.5M	$9.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768.6	+0.049%	$21.6M	$32.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,768.3	+0.036%	$281.9M	$1.87B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.5	+0.042%	$31.5M	$107.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.2	+0.028%	$80.9M	$840.4M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.9	+0.011%	$182.3M	$220.2M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,768.1	+0.023%	$50.0M	$172.0M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,767.9	+0.012%	$2.7M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,768.1	+0.025%	$19K	$2.5M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,767.7	0.000%	$275K	$188K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,768.3	+0.034%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,767.1	−0.033%	$779	$3.1M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,767.6	−0.003%	$1.4M	$9.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,768.4	+0.038%	$2.8M	$1.2M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0021%	1h	1,768.1	+0.023%	$676	$39K	5x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,768.2	+0.028%	$1.2M	$9.7M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,767.5	−0.014%	$413K	$2.4M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.825%	$36	$4K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,767.3	−0.024%	$269K	$1.3M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,767.5	−0.011%	—	$574K	10x	as long as short
Nado SNDK-PERP	+0.0047%	1h	1,768.1	+0.022%	$325K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,768.2	+0.028%	$243K	$698K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,768.4	+0.040%	$121.6M	$152.7M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,767.7	0.000%	$4.5M	$19.2M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,767.7	long leg	$187K	$131K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,768	+0.017%	$725K	$522K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,768	+0.017%	$1.4M	$5.3M	5x	as long as short
Paradex SNDK-USD-PERP	+0.0052%	8h	1,767.7	0.000%	—	—	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,767.8	+0.005%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,768.3	+0.037%	$193K	$310K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,767.4	−0.020%	$6.1M	$23.1M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,769.3	+0.092%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,767.5	−0.010%	$8K	$3K	20x	as long as short
Lighter SNDK	+0.0128%	1h	1,768.8	+0.063%	$1.8M	$16.8M	20x	as long as short
Coinbase International SNDK-PERP-INTXshort	+0.0152%	1h	1,768.9	+0.066%	$451K	$2.2M	10x
edgeX SNDKUSDC	+0.0570%	4h	1,767.5	−0.011%	$562K	$340K	10x	as long as short
RISEx SNDK/USDC	+0.0898%	1h	1,769.5	+0.105%	$146K	$1.5M	20x	as long as short