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 +0.036%

Price spread now: SoDEX against Deribit−0.022%7-day average −0.012% · 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−$45as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Deribit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.112%+$11 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.022%, 7d avg −0.012%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SNDK_USDC-PERPETUAL	1,784.6	0	get 0.0000% / 1h	33m 51s	$51K	$329K	10x
Short	SoDEX SNDK-USD	1,784.2	0.0050	get 0.0006% / 1h	33m 51s	$729K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.5
Price spread: −0.022% → −0.012%: −$1
Slippage, 4 orders: −$28.78
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.28
Costs to cover: 0.438%
Break-even: 29.9 days

Slippage from Deribit: live order book, 35 min ago; SoDEX: live order book, 35 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, 35 min ago	5.33 bp	10.5 bp −$10	13.1 bp −$131	doesn't fit	doesn't fit
Sell SoDEX live order book, 35 min ago	0.03 bp	7.7 bp −$8	38.0 bp −$380	doesn't fit	doesn't fit

SNDK on 39 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
Entropy io:SNDK	−0.0049%	1h	1,784.3	−0.014%	$4.9M	$20.4M	10x	as long as short
Phoenix SNDK	−0.0045%	1h	1,783.2	−0.076%	$278K	$193K	15x	as long as short
QFEX SNDK-USD	−0.0024%	1h	1,783.8	−0.042%	$1.8M	$17.1M	10x	as long as short
Nado SNDK-PERP	0.0000%	1h	1,785.1	+0.028%	$360K	$1.4M	10x	as long as short
Aster SNDKUSD1	0.0000%	8h	1,784.9	+0.019%	$21.7M	$39.4M	20x	as long as short
Binance SNDKUSDT	0.0000%	8h	1,784.1	−0.024%	$286.1M	$1.83B	75x	as long as short
Bybit SNDKUSDT	0.0000%	8h	1,784.7	+0.010%	$32.0M	$100.0M	100x	as long as short
OKX SNDK-USDT-SWAP	0.0000%	8h	1,784.2	−0.020%	$85.6M	$830.5M	75x	as long as short
Gate SNDK_USDT	0.0000%	8h	1,784.1	−0.027%	$180.7M	$231.7M	75x	as long as short
Bitget SNDKUSDT	0.0000%	8h	1,784.1	−0.027%	$44.0M	$166.1M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SNDK	0.0000%	8h	1,783.8	−0.042%	$2.6M	$4.7M	—	as long as short
GRVT SNDK_USDT_Perp	0.0000%	8h	1,783.2	−0.078%	$15K	$1.1M	10x	as long as short
Bullet SNDK-USD	0.0000%	1h	1,784.2	−0.020%	$15K	$291K	10x	as long as short
SunX SNDK-USDT	0.0000%	8h	1,783.9	−0.036%	$772	$3.7M	20x	as long as short
Deribit SNDK_USDC-PERPETUALlong	0.0000%	1h	1,784.6	long leg	$51K	$329K	10x
HTX SNDK-USDT	0.0000%	8h	1,784.6	+0.003%	$1.4M	$10.4M	50x	as long as short
Phemex SNDKUSDT	0.0000%	8h	1,784.4	−0.010%	$2.8M	$1.1M	50x	as long as short
Aftermath Perps SNDKUSD	+0.0005%	1h	1,785.1	+0.032%	$670	$37K	5x	as long as short
tradeXYZ xyz:SNDK	+0.0010%	1h	1,784	−0.031%	$114.3M	$146.6M	10x	as long as short
Lighter SNDK	+0.0032%	1h	1,785	+0.022%	$1.7M	$16.2M	20x	as long as short
Lighter RH SNDK	+0.0032%	1h	1,784.5	−0.002%	$1.4M	$9.4M	10x	as long as short
Extended SNDK_24_5-USD	+0.0032%	1h	1,784.5	0.000%	$470K	$1.7M	10x	as long as short
Injective SNDK/USDC PERP	+0.0033%	1h	1,800	+0.864%	$36	$9K	12x	as long as short
Arcus SNDK-USD	+0.0040%	1h	1,783.7	−0.045%	$312K	$1.6M	10x	as long as short
Vest SNDK-USD-PERP	+0.0046%	1h	1,783.5	−0.058%	—	$584K	10x	as long as short
Popdex SNDKUSDT	+0.0048%	1h	1,785.1	+0.031%	$245K	$646K	20x	as long as short
edgeX SNDKUSDC	+0.0049%	4h	1,783.4	−0.063%	$566K	$352K	10x	as long as short
Paradex SNDK-USD-PERP	+0.0049%	8h	1,784.4	−0.007%	—	—	5x	as long as short
Polymarket Perps SNDK-USD	+0.0050%	1h	1,784	−0.031%	$187K	$135K	10x	as long as short
SoDEX SNDK-USDshort	+0.0050%	1h	1,784.2	−0.022%	$729K	$515K	10x
Ondo Perps SNDK-USD.P	+0.0050%	1h	1,783.9	−0.036%	$1.4M	$5.1M	5x	as long as short
Aevo SNDK-PERP	+0.0080%	1h	1,783.9	−0.038%	$1K	—	10x	as long as short
Coinbase International SNDK-PERP-INTX	+0.0088%	1h	1,783.4	−0.063%	$437K	$2.3M	10x	as long as short
Pacifica SNDK	+0.0100%	1h	1,784.5	−0.005%	$198K	$292K	10x	as long as short
KuCoin SNDKUSDTM	+0.0100%	8h	1,784.3	−0.013%	$6.1M	$21.5M	20x	as long as short
ApeX Omni SNDKUSDT	+0.0100%	1h	1,783	−0.085%	$69K	$269K	50x	as long as short
Orderly PERP_SNDK_USDC_mythos	+0.0100%	8h	1,783.1	−0.081%	$8K	$3K	20x	as long as short
Kraken Futures PF_SNDKUSD	+0.0132%	1h	1,784.8	+0.015%	$130K	$357K	20x	as long as short
RISEx SNDK/USDC	+0.0257%	1h	1,785.1	+0.029%	$171K	$1.8M	20x	as long as short