SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.11 per $10,000 · paid last 24h +0.024%

Price spread now: Extended against Deribit+0.106%7-day average +0.006% · 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−$30as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.069%+$7 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.106%, 7d avg +0.006%

Together, before fees+0.004%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.100% dearer against Deribit than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.006%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 4 days funding on this pair paid +0.069%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,765.5	0.0124	pay 0.0015% / 1h	6m 48s	$51K	$346K	10x
Short	Extended SNDK_24_5-USD	1,767.4	0.0032	get 0.0004% / 1h	6m 48s	$425K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$19.31
Price spread: +0.106% → +0.006%: $9.98
Slippage, 4 orders: −$28.29
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$49.62
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from Deribit: live order book, 47 min ago; Extended: live order book, 2 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 Deribit live order book, 47 min ago	10.73 bp	14.3 bp −$14	18.5 bp −$185	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.03 bp	2.5 bp −$3	11.8 bp −$118	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	1,765.9	+0.024%	$3.9M	$4.4M	75x	as long as short
KuCoin SNDKUSDTM	−0.0049%	8h	1,765.6	+0.002%	$6.1M	$22.1M	20x	as long as short
Entropy io:SNDK	−0.0033%	1h	1,766.1	+0.033%	$4.8M	$19.8M	10x	as long as short
QFEX SNDK-USD	−0.0019%	1h	1,765.7	+0.013%	$1.4M	$11.9M	10x	as long as short
Coinbase International SNDK-PERP-INTX	−0.0008%	1h	1,767	+0.085%	$429K	$2.3M	10x	as long as short
Nado SNDK-PERP	−0.0007%	1h	1,766.2	+0.041%	$340K	$1.5M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,768	+0.139%	$21.6M	$32.3M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,767.5	+0.114%	$280.3M	$1.82B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,768.1	+0.146%	$31.8M	$102.3M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,768.2	+0.152%	$81.8M	$828.3M	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	1,766.9	+0.077%	$121K	$1.6M	20x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,767.5	+0.114%	$176.6M	$231.6M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,767.3	+0.104%	$44.2M	$162.8M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,766.5	+0.054%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,763.9	−0.092%	$10K	$1.6M	10x	as long as short
Phoenix SNDK	0.0000%	1h	1,765.4	−0.006%	$275K	$193K	15x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,765.2	−0.018%	$14K	$287K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,765.4	−0.006%	$964	$3.6M	20x	as long as short
HTX SNDK-USDT	0.0000%	8h	1,764.7	−0.046%	$1.4M	$10.7M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,765.9	+0.020%	$2.8M	$1.1M	50x	as long as short
edgeX SNDKUSDC	+0.0008%	4h	1,764.2	−0.072%	$560K	$352K	10x	as long as short
Aftermath Perps SNDKUSD	+0.0011%	1h	1,767.5	+0.112%	$658	$38K	5x	as long as short
Vest SNDK-USD-PERP	+0.0026%	1h	1,761.6	−0.220%	—	$582K	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,766.5	+0.058%	$1.7M	$16.0M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,766	+0.025%	$1.3M	$9.6M	10x	as long as short
Extended SNDK_24_5-USDshort	+0.0032%	1h	1,767.4	+0.106%	$425K	$1.9M	10x
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+1.951%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,765.4	−0.009%	$263K	$1.5M	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,766.3	+0.045%	$243K	$654K	20x	as long as short
Paradex SNDK-USD-PERP	+0.0050%	8h	1,765.4	−0.009%	—	—	5x	as long as short
tradeXYZ xyz:SNDK	+0.0050%	1h	1,765.5	−0.001%	$116.9M	$153.0M	10x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,765.1	−0.023%	$185K	$132K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,764.8	−0.041%	$721K	$514K	10x	as long as short
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,765.6	+0.005%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,765.2	−0.017%	$1K	—	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,765.6	+0.007%	$196K	$296K	10x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,763.4	−0.122%	$68K	$271K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,764.7	−0.048%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0123%	1h	1,766.2	+0.037%	$128K	$355K	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	+0.0124%	1h	1,765.5	long leg	$51K	$346K	10x