SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.005%

Price spread now: Deribit against Arcus+0.134%7-day average +0.050% · 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−$35as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on Arcus Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.078%−$8 on $10k

Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.134%, 7d avg +0.050%

Together, before fees−0.173%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.085% dearer against Arcus than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.050%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,771.1	0.0040	pay 0.0005% / 1h	15m 44s	$264K	$1.5M	10x
Short	Deribit SNDK_USDC-PERPETUAL	1,773.5	0	get 0.0000% / 1h	15m 44s	$51K	$346K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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 ArcusbpFee DeribitbpOrdersPrice spread, now +0.134%Rate

Funding earned: −$8.46
Price spread: +0.134% → +0.050%: $8.47
Slippage, 4 orders: −$31.87
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$43.36
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from Arcus: live order book, 3 min ago; Deribit: live order book, 38 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 Arcus live order book, 3 min ago	1.02 bp	6.8 bp −$7	13.0 bp −$130	doesn't fit	doesn't fit
Sell Deribit live order book, 38 min ago	10.73 bp	14.6 bp −$15	17.4 bp −$174	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	1,772.8	+0.098%	$4.0M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0046%	8h	1,772.4	+0.071%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0033%	1h	1,772.1	+0.056%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,773.9	+0.160%	$1.4M	$11.9M	10x	as long as short
Nado SNDK-PERP	−0.0016%	1h	1,774.5	+0.193%	$338K	$1.5M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,774.1	+0.168%	$434K	$2.3M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,773	+0.109%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.5	+0.133%	$281.1M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,773.1	+0.113%	$31.9M	$102.1M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,773.3	+0.124%	$82.2M	$827.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx SNDK/USDC	0.0000%	1h	1,774	+0.166%	$122K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,772.9	+0.099%	$177.0M	$231.1M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,773.2	+0.117%	$44.3M	$162.7M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,773.5	+0.136%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,772.9	+0.103%	$14K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,770.4	−0.040%	$276K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,773.6	+0.140%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,773	+0.110%	$904	$3.6M	20x	as long as short
Deribit SNDK_USDC-PERPETUALshort	0.0000%	1h	1,773.5	+0.134%	$51K	$346K	10x
HTX SNDK-USDT	0.0000%	8h	1,772.9	+0.103%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,773.1	+0.110%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0010%	1h	1,773	+0.108%	$660	$38K	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,774	+0.161%	$1.7M	$15.9M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,773.3	+0.125%	$1.3M	$9.5M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,772.3	+0.070%	$428K	$1.9M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.629%	$36	$9K	12x	as long as short
Vest SNDK-USD-PERP	+0.0040%	1h	1,770.3	−0.046%	—	$582K	10x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,771.1	long leg	$264K	$1.5M	10x
Popdex SNDKUSDT	+0.0048%	1h	1,774.2	+0.175%	$244K	$652K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774	+0.163%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,773.4	+0.130%	$117.4M	$152.4M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,773.2	+0.119%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,772.9	+0.104%	$725K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,772.1	+0.056%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,773.2	+0.120%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774.1	+0.167%	$197K	$289K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,771.6	+0.028%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,772.8	+0.094%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0122%	1h	1,774.2	+0.176%	$128K	$353K	20x	as long as short
edgeX SNDKUSDC	+0.0582%	4h	1,772.9	+0.101%	$563K	$352K	10x	as long as short