SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.007%

Price spread now: tradeXYZ against RISEx−0.030%7-day average −0.055% · 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−$25as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.060%−$6 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.030%, 7d avg −0.055%

Together, before fees−0.068%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.026% dearer against RISEx than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 4 days (−0.060% in total) that is about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SNDK/USDC	1,791	0	get 0.0000% / 1h	59m 01s	$170K	$1.8M	20x
Short	tradeXYZ xyz:SNDK	1,790.5	−0.0019	pay 0.0002% / 1h	59m 01s	$114.8M	$145.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against RISEx. 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 RISExbpFee tradeXYZbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$3.98
Price spread: −0.030% → −0.055%: $2.59
Slippage, 4 orders: −$3.65
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$29.05
Costs to cover: 0.277%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; tradeXYZ: live order book, 11 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 RISEx live order book, 5 min ago	1.26 bp	4.3 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.28 bp	9.6 bp −$10	10.1 bp −$101	14.7 bp −$1,474	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	1,790.2	−0.046%	$4.1M	$4.4M	75x	as long as short
Entropy io:SNDK	−0.0119%	1h	1,789.8	−0.069%	$4.9M	$20.0M	10x	as long as short
Phoenix SNDK	−0.0090%	1h	1,789.2	−0.102%	$279K	$193K	15x	as long as short
Deribit SNDK_USDC-PERPETUAL	−0.0074%	1h	1,790.6	−0.022%	$51K	$343K	10x	as long as short
Nado SNDK-PERP	−0.0060%	1h	1,791	−0.002%	$361K	$1.4M	10x	as long as short
QFEX SNDK-USD	−0.0033%	1h	1,789.6	−0.082%	$1.5M	$14.3M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0032%	1h	1,785.7	−0.298%	$439K	$2.3M	10x	as long as short
tradeXYZ xyz:SNDKshort	−0.0019%	1h	1,790.5	−0.030%	$114.8M	$145.8M	10x
Aster SNDKUSD1	0.0000%	8h	1,790.4	−0.033%	$21.8M	$35.7M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,790.6	−0.027%	$287.3M	$1.80B	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SNDKUSDT	0.0000%	8h	1,791	−0.003%	$32.5M	$99.9M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,790.7	−0.018%	$85.0M	$825.9M	75x	as long as short
RISEx SNDK/USDClong	0.0000%	1h	1,791	long leg	$170K	$1.8M	20x
Gate SNDK_USDT	0.0000%	8h	1,790.6	−0.026%	$180.1M	$230.4M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,790.5	−0.032%	$43.9M	$161.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,789	−0.112%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,789.8	−0.068%	$14K	$1.3M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,790.3	−0.039%	$14K	$290K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,788.5	−0.141%	$955	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,789.6	−0.083%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,790.3	−0.039%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0002%	1h	1,790.3	−0.041%	$666	$37K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,791.6	+0.031%	$1.7M	$15.6M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,791	0.000%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,791	+0.001%	$450K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.499%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,788.4	−0.145%	$313K	$1.5M	10x	as long as short
KuCoin SNDKUSDTM	+0.0041%	8h	1,789.4	−0.089%	$6.1M	$22.1M	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0044%	1h	1,790.7	−0.020%	$130K	$352K	20x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,790.2	−0.048%	—	$581K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,790.1	−0.052%	$247K	$647K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,789.7	−0.072%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,790	−0.058%	$188K	$128K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,790.2	−0.044%	$732K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,789.4	−0.091%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,789.8	−0.067%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0094%	1h	1,789.9	−0.063%	$199K	$287K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,790.8	−0.014%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,789.7	−0.074%	$8K	$3K	20x	as long as short
edgeX SNDKUSDC	+0.0360%	4h	1,789	−0.112%	$568K	$353K	10x	as long as short