SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%

Price spread now: Phoenix against Arcus+0.046%109s7-day average +0.061% · 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—prices read too far apart to compare

costs, in and out, $10k−$360.360% of the position

Long on Arcus Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.073%−$7 on $10k

Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.046%, 7d avg +0.061%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,773.6	0.0040	pay 0.0005% / 1h	23m 43s	$284K	$1.7M	10x
Short	Phoenix SNDK	1,774.4	0	get 0.0000% / 1h	23m 43s	$276K	$195K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$8.46
Price spread: +0.046% → +0.061%: −$1.47
Slippage, 4 orders: −$24.54
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$45.97
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Arcus: live order book, just now; Phoenix: live order book, 56 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, just now	0.62 bp	6.0 bp −$6	7.7 bp −$77	doesn't fit	doesn't fit
Sell Phoenix live order book, 56 min ago	3.96 bp	12.7 bp −$13	27.5 bp −$275	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	1,774.8	+0.070%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0013%	1h	1,773.8	+0.012%	$4.5M	$20.5M	10x	as long as short
QFEX SNDK-USD	−0.0007%	1h	1,774.3	+0.042%	$2.2M	$21.9M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,774.9	+0.075%	$21.9M	$45.9M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,773.9	+0.020%	$286.1M	$1.89B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,774.6	+0.058%	$31.9M	$105.5M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,774.2	+0.035%	$87.5M	$842.6M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,774.1	+0.029%	$183.2M	$241.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,774	+0.026%	$49.6M	$169.9M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,774.8	+0.067%	$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	1,774.8	+0.068%	$21K	$1.0M	10x	as long as short
Phoenix SNDKshort	0.0000%	1h	1,774.4	+0.046%	$276K	$195K	15x
Bullet SNDK-USD	0.0000%	1h	1,774.2	+0.034%	$13K	$293K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,774.2	+0.036%	$864	$3.9M	20x	as long as short
Deribit SNDK_USDC-PERPETUAL	0.0000%	1h	1,774.3	+0.038%	$49K	$256K	10x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,774.3	+0.040%	$1.5M	$11.1M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,774.3	+0.038%	$2.8M	$977K	50x	as long as short
Aftermath Perps SNDKUSD	+0.0008%	1h	1,774.1	+0.030%	$748	$37K	5x	as long as short
RISEx SNDK/USDC	+0.0015%	1h	1,774.9	+0.076%	$167K	$1.8M	20x	as long as short
Lighter SNDK	+0.0032%	1h	1,774.9	+0.072%	$1.5M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,774.3	+0.042%	$1.4M	$10.2M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,774.4	+0.045%	$410K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.487%	$36	$15K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,773.6	long leg	$284K	$1.7M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,774.1	+0.031%	—	$670K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,774.1	+0.029%	$245K	$670K	20x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,774.1	+0.029%	$113.0M	$151.6M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,774.1	+0.029%	$197K	$89K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,774.1	+0.028%	$725K	$538K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,774.3	+0.038%	—	—	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,773.3	−0.016%	$1.4M	$4.9M	5x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0056%	1h	1,774.3	+0.041%	$441K	$2.4M	10x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,774.1	+0.030%	$1K	—	10x	as long as short
Nado SNDK-PERP	+0.0090%	1h	1,775	+0.080%	$385K	$1.4M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,774	+0.025%	$213K	$283K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,773.6	+0.002%	$6.0M	$22.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,775.4	+0.105%	$68K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,774	+0.022%	$8K	$2K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0385%	1h	1,774.8	+0.069%	$129K	$414K	20x	as long as short
edgeX SNDKUSDC	+0.0782%	4h	1,774	+0.023%	$563K	$353K	10x	as long as short