Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.035%
Price spread now: ApeX Omni against Entropy+0.010%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$490.495% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.010%, 7d avg +0.052%
=Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Entropy than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.052%). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:SNDK | 1,762 | 0.0050 | pay 0.0006% / 1h | 34m 59s | $4.6M | $19.5M | 10x |
| Short | ApeX Omni SNDKUSDT | 1,762.2 | 0.0100 | get 0.0013% / 1h | 34m 59s | $68K | $270K | 50x |
Entropy io:SNDK
ApeX Omni SNDKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Entropy. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: +0.010% → +0.052%
- −$4.23
- Slippage, 4 orders
- −$21.46
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.19
- Costs to cover
- 0.495%
- Break-even
- 35.8 days
Slippage from Entropy: live order book, 2 min ago; ApeX Omni: 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 Entropy live order book, 2 min ago | 0.28 bp | 10.1 bp −$10 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 8.20 bp | 14.1 bp −$14 | 40.8 bp −$408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNDKUSDT | −0.0274% | 8h | 1,762.3 | +0.018% | $48.4M | $166.1M | 75x | as long as short |
| BloFin SNDK-USDT | −0.0120% | 8h | 1,762.1 | +0.008% | $3.9M | $4.6M | 75x | as long as short |
| Nado SNDK-PERP | −0.0017% | 1h | 1,762.1 | +0.008% | $328K | $1.5M | 10x | as long as short |
| KuCoin SNDKUSDTM | −0.0016% | 8h | 1,761.4 | −0.036% | $6.0M | $22.2M | 20x | as long as short |
| QFEX SNDK-USD | −0.0001% | 1h | 1,761.5 | −0.029% | $1.4M | $10.0M | 10x | as long as short |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,762.6 | +0.033% | $21.5M | $32.9M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,762 | +0.002% | $280.0M | $1.86B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,762.5 | +0.027% | $31.7M | $103.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,762.3 | +0.017% | $82.4M | $834.1M | 75x | as long as short |
| RISEx SNDK/USDC | 0.0000% | 1h | 1,762.6 | +0.035% | $120K | $1.6M | 20x | as long as short |
Bitget SNDKUSDT
BloFin SNDK-USDT
Nado SNDK-PERP
KuCoin SNDKUSDTM
QFEX SNDK-USD
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
RISEx SNDK/USDCShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SNDK_USDT | 0.0000% | 8h | 1,762.3 | +0.019% | $177.8M | $228.4M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,761.1 | −0.053% | $2.5M | $4.8M | — | as long as short |
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,762.4 | +0.024% | $16K | $2.1M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,762.4 | +0.023% | $275K | $193K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,761.1 | −0.053% | $14K | $290K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,761.1 | −0.049% | $923 | $3.4M | 20x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | 0.0000% | 1h | 1,761 | −0.057% | $51K | $353K | 10x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,761 | −0.057% | $1.4M | $10.5M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,762.2 | +0.011% | $2.8M | $1.1M | 50x | as long as short |
| Aftermath Perps SNDKUSD | +0.0012% | 1h | 1,762.1 | +0.008% | $673 | $38K | 5x | as long as short |
| Vest SNDK-USD-PERP | +0.0016% | 1h | 1,759.5 | −0.140% | — | $579K | 10x | as long as short |
| Lighter SNDK | +0.0032% | 1h | 1,762.3 | +0.016% | $1.8M | $16.3M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,761.8 | −0.011% | $1.2M | $9.5M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,762.5 | +0.028% | $493K | $2.0M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +2.154% | $36 | $9K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,761.1 | −0.053% | $254K | $1.5M | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,761.1 | −0.051% | $243K | $652K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,762.6 | +0.034% | $119.5M | $159.5M | 10x | as long as short |
| Entropy io:SNDKlong | +0.0050% | 1h | 1,762 | long leg | $4.6M | $19.5M | 10x | |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,760 | −0.114% | $185K | $128K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,761.6 | −0.025% | $720K | $520K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,761.7 | −0.017% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,761.7 | −0.017% | $1.4M | $5.2M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,761 | −0.056% | $1K | — | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,761.9 | −0.004% | $197K | $308K | 10x | as long as short |
| ApeX Omni SNDKUSDTshort | +0.0100% | 1h | 1,762.2 | +0.010% | $68K | $270K | 50x | |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,760.8 | −0.068% | $8K | $3K | 20x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0112% | 1h | 1,762.4 | +0.024% | $429K | $2.1M | 10x | as long as short |
| Kraken Futures PF_SNDKUSD | +0.0274% | 1h | 1,761.9 | −0.006% | $127K | $339K | 20x | as long as short |
| edgeX SNDKUSDC | +0.0798% | 4h | 1,761.8 | −0.009% | $560K | $351K | 10x | as long as short |
Gate SNDK_USDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
Deribit SNDK_USDC-PERPETUAL
HTX SNDK-USDT
Phemex SNDKUSDT
Aftermath Perps SNDKUSD
Vest SNDK-USD-PERP
Lighter SNDK
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Arcus SNDK-USD
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
Ondo Perps SNDK-USD.P
Aevo SNDK-PERP
Pacifica SNDK
Orderly PERP_SNDK_USDC_mythos
Coinbase International SNDK-PERP-INTX
Kraken Futures PF_SNDKUSD
edgeX SNDKUSDC