SNDK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.037%

Price spread now: Ondo Perps against Deribit+0.029%7-day average +0.007% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.083%+$8 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.029%, 7d avg +0.007%

Together, before fees+0.102%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.022% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,783.8	0	get 0.0000% / 1h	35m 43s	$51K	$328K	10x
Short	Ondo Perps SNDK-USD.P	1,784.3	0.0050	get 0.0006% / 1h	35m 43s	$1.4M	$5.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now +0.029%Rate

Funding earned: $10.58
Price spread: +0.029% → +0.007%: $2.2
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $0.78
Costs to cover: 0.120%
Break-even: 6.5 days

Slippage unknown: Deribit: live order book, 33 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 33 min ago	5.33 bp	10.5 bp −$10	13.1 bp −$131	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,788	+0.237%	$4.1M	$4.5M	75x	as long as short
Entropy io:SNDK	−0.0071%	1h	1,784.3	+0.029%	$4.9M	$20.4M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,786.8	+0.169%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,782.8	−0.055%	$1.8M	$17.2M	10x	as long as short
Nado SNDK-PERP	−0.0002%	1h	1,783.5	−0.016%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,784.7	+0.052%	$21.7M	$39.5M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.5	+0.038%	$286.2M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.9	+0.063%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.7	+0.051%	$85.7M	$830.6M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.3	+0.027%	$180.4M	$231.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SNDKUSDT	0.0000%	8h	1,784.4	+0.034%	$44.0M	$167.4M	75x	as long as short
Variational Omni SNDK	0.0000%	8h	1,783.8	0.000%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.035%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,783.7	−0.003%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,781.5	−0.131%	$771	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,783.8	long leg	$51K	$328K	10x
HTX SNDK-USDT	0.0000%	8h	1,784.1	+0.019%	$1.5M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.5	+0.040%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,785.7	+0.106%	$670	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0008%	1h	1,784.2	+0.023%	$114.3M	$146.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785.5	+0.097%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,785	+0.067%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.3	+0.030%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.906%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.6	−0.011%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.2	−0.035%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,783.9	+0.006%	$245K	$645K	20x	as long as short
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.020%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,782.6	−0.068%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,783.7	−0.005%	$187K	$135K	10x	as long as short
SoDEX SNDK-USD	+0.0050%	1h	1,783.6	−0.008%	$729K	$515K	10x	as long as short
Ondo Perps SNDK-USD.Pshort	+0.0050%	1h	1,784.3	+0.029%	$1.4M	$5.1M	5x
Aevo SNDK-PERP	+0.0080%	1h	1,783.5	−0.016%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.020%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	+0.043%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.5	+0.040%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783.2	−0.033%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783	−0.042%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.6	+0.046%	$130K	$355K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,784.1	+0.015%	$171K	$1.8M	20x	as long as short