SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.023%

Price spread now: SoDEX against Arcus−0.034%7-day average +0.037% · 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−$36as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Arcus Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.044%+$4 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.034%, 7d avg +0.037%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.072% cheaper against Arcus than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.037%). If the spread goes back, that is −$7 on $10k: about 25 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.044% in total) that is about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SNDK-USD	1,787.7	0.0040	pay 0.0005% / 1h	56m 21s	$306K	$1.6M	10x
Short	SoDEX SNDK-USD	1,787.1	0.0050	get 0.0006% / 1h	56m 21s	$731K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $2.04
Price spread: −0.034% → +0.037%: −$7.16
Slippage, 4 orders: −$16.25
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.87
Costs to cover: 0.287%
Break-even: 123.1 days

Slippage from Arcus: live order book, 3 min ago; SoDEX: live order book, 12 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	1.03 bp	7.5 bp −$8	12.9 bp −$129	doesn't fit	doesn't fit
Sell SoDEX live order book, 12 min ago	0.03 bp	7.7 bp −$8	38.0 bp −$380	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
Deribit SNDK_USDC-PERPETUAL	−0.0265%	1h	1,786.8	−0.051%	$51K	$328K	10x	as long as short
Entropy io:SNDK	−0.0234%	1h	1,788.3	+0.035%	$4.9M	$20.5M	10x	as long as short
BloFin SNDK-USDT	−0.0120%	8h	1,786.8	−0.048%	$4.1M	$4.5M	75x	as long as short
tradeXYZ xyz:SNDK	−0.0075%	1h	1,787	−0.038%	$114.8M	$146.5M	10x	as long as short
Popdex SNDKUSDT	−0.0064%	1h	1,786.6	−0.060%	$246K	$644K	20x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,786.4	−0.074%	$1.9M	$18.1M	10x	as long as short
Nado SNDK-PERP	−0.0017%	1h	1,788.2	+0.032%	$347K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,788.5	+0.048%	$21.8M	$42.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,787	−0.040%	$286.8M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,787.5	−0.013%	$31.9M	$100.0M	100x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SNDK-USDT-SWAP	0.0000%	8h	1,787.3	−0.021%	$86.6M	$831.3M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,787.1	−0.031%	$182.0M	$230.5M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,787	−0.039%	$47.7M	$164.0M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,786.8	−0.050%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,788.6	+0.054%	$10K	$1.1M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,787.8	+0.007%	$278K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,787	−0.038%	$13K	$292K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,785.9	−0.098%	$593	$3.7M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,786.8	−0.049%	$1.5M	$10.3M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,786.9	−0.042%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,789.3	+0.088%	$746	$37K	5x	as long as short
Ondo Perps SNDK-USD.P	+0.0019%	1h	1,786.8	−0.049%	$1.4M	$5.1M	5x	as long as short
Lighter SNDK	+0.0032%	1h	1,788.2	+0.029%	$1.7M	$16.1M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,787.7	−0.002%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,787.7	−0.001%	$466K	$1.6M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.687%	$36	$9K	12x	as long as short
Arcus SNDK-USDlong	+0.0040%	1h	1,787.7	long leg	$306K	$1.6M	10x
Vest SNDK-USD-PERP	+0.0046%	1h	1,786.9	−0.044%	—	$585K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,786.9	−0.041%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,786.6	−0.060%	$187K	$135K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,787.1	−0.034%	$731K	$515K	10x
Aevo SNDK-PERP	+0.0080%	1h	1,786.4	−0.071%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,787.2	−0.027%	$440K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,787.2	−0.029%	$199K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,788.1	+0.023%	$6.1M	$21.7M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,788.9	+0.067%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,786.1	−0.087%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0131%	1h	1,787.4	−0.018%	$130K	$366K	20x	as long as short
edgeX SNDKUSDC	+0.0220%	4h	1,788.7	+0.056%	$568K	$351K	10x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,787.6	−0.004%	$171K	$1.8M	20x	as long as short