SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.022%

Price spread now: Deribit against Polymarket Perps+0.042%7-day average +0.031% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.042%, 7d avg +0.031%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SNDK-USD	1,761.4	0.0050	pay 0.0006% / 1h	48m 54s	$185K	$128K	10x
Short	Deribit SNDK_USDC-PERPETUAL	1,762.1	0	get 0.0000% / 1h	48m 54s	$51K	$352K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$10.5
Price spread: +0.042% → +0.031%: $1.15
Slippage, 4 orders: −$28.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$53.2
Costs to cover: 0.439%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 53 min ago; Deribit: live order book, 55 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, 53 min ago	2.28 bp	8.0 bp −$8	8.9 bp −$89	10.8 bp −$1,078	doesn't fit
Sell Deribit live order book, 55 min ago	9.38 bp	14.6 bp −$15	17.5 bp −$175	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
Bitget SNDKUSDT	−0.0322%	8h	1,762.5	+0.065%	$48.4M	$166.3M	75x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,762.2	+0.048%	$4.0M	$4.6M	75x	as long as short
Nado SNDK-PERP	−0.0027%	1h	1,762.3	+0.052%	$328K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	−0.0012%	8h	1,762	+0.035%	$6.0M	$22.4M	20x	as long as short
QFEX SNDK-USD	−0.0001%	1h	1,761.2	−0.014%	$1.4M	$10.0M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,763.2	+0.102%	$21.5M	$32.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,763.2	+0.101%	$280.0M	$1.86B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,763.4	+0.113%	$31.8M	$103.8M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,762.4	+0.057%	$82.5M	$834.8M	75x	as long as short
RISEx SNDK/USDC	0.0000%	1h	1,762.4	+0.059%	$120K	$1.6M	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SNDK_USDT	0.0000%	8h	1,762.7	+0.075%	$177.4M	$228.1M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,758.6	−0.161%	$2.5M	$4.8M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,759.1	−0.131%	$10K	$2.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,760	−0.079%	$274K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,762.2	+0.045%	$13K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,761.3	−0.008%	$884	$3.4M	20x	as long as short
Deribit SNDK_USDC-PERPETUALshort	0.0000%	1h	1,762.1	+0.042%	$51K	$352K	10x
HTX SNDK-USDT	0.0000%	8h	1,760.9	−0.031%	$1.4M	$10.6M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,762.5	+0.064%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0012%	1h	1,761	−0.020%	$673	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0013%	1h	1,759.3	−0.117%	—	$579K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,763.1	+0.094%	$1.8M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,762.4	+0.057%	$1.2M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,762.3	+0.051%	$490K	$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	1,758.9	−0.140%	$254K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,761.6	+0.011%	$242K	$653K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,762.2	+0.045%	$119.1M	$159.2M	10x	as long as short
Entropy io:SNDK	+0.0050%	1h	1,760.6	−0.045%	$4.6M	$19.5M	10x	as long as short
Polymarket Perps SNDK-USDlong	+0.0050%	1h	1,761.4	long leg	$185K	$128K	10x
SoDEX SNDK-USD	+0.0050%	1h	1,760.6	−0.046%	$720K	$520K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,762	+0.036%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,762.2	+0.045%	$1.4M	$5.2M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,761.9	+0.030%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,762.2	+0.044%	$197K	$305K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,759.5	−0.107%	$68K	$270K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,762	+0.033%	$8K	$3K	20x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0112%	1h	1,762.5	+0.060%	$431K	$2.2M	10x	as long as short
Kraken Futures PF_SNDKUSD	+0.0274%	1h	1,762.7	+0.074%	$127K	$340K	20x	as long as short
edgeX SNDKUSDC	+0.0629%	4h	1,758.5	−0.163%	$559K	$351K	10x	as long as short